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By EquityPandit

HINDUNILVRMARKET OUTLOOKSTOCK OUTLOOK

Hindustan Unilever Outlook for the Week (July 31, 2023 – August 04, 2023)

Hindustan Unilever Weekly Outlook and Analysis:

For the Week: (July 31, 2023 – August 04, 2023)

2800.002800.002750.002750.002700.002700.002650.002650.002600.002600.002550.002550.00Jun 16Jun 16Jun 21Jun 21Jun 26Jun 26Jun 30Jun 30Jul 5Jul 5Jul 10Jul 10Jul 13Jul 13Jul 18Jul 18Jul 21Jul 21Jul 26Jul 26Reversal Level 2611.18BuySellSell

Hindustan Unilever closed the previous week on a negative note losing 2.03%

Technically, Hindustan Unilever share price will see immediate support at 2,556.42 and immediate resistance would be seen at 2,609.37

If Hindustan Unilever share price closes below immediate support of 2,556.42, then sharp breakdown can be seen. Hindustan Unilever share price will see major support at 2,528.23 for the week.

On the positive side, immediate resistance will be seen at 2,609.37. Closing above 2,609.37, Hindustan Unilever share price will see a sharp breakout. Major resistance for Hindustan Unilever share price will be seen at 2,634.13 for the week.

Trading range for Hindustan Unilever share price for this week should be between 2,503.47 on down side and 2,662.32 on up side.

Hindustan Unilever Previous Week High: 2605.95

Hindustan Unilever Previous Week Low: 2553

Hindustan Unilever Previous Week Range: 52.95 Points

Hindustan Unilever share price support and resistance for the week (July 31, 2023 – August 04, 2023)

Level Type Value
Resistance 3 2,662.32
Resistance 2 2,634.13
Resistance 1 2,609.37
Support 1 2,556.42
Support 2 2,528.23
Support 3 2,503.47

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