Signals, Powered By EquityPandit
HINDUNILVR Weekly Outlook and Analysis:
For the Week: (March 07, 2022 – March 11, 2022)
BSE: 500696| NSE: HINDUNILVR| ISIN: INE030A01027| SECTOR: FMCG
HUL Share Price: 2019.50 (NSE)
HUL closed the Week on Negative Note Losing 6.97%
Weekly High: 2179.90
Weekly Low: 1975.25
Weekly Range: 204.65 points
Weekly Support & Resistance for HUL:
| RESISTANCE 2 | 2263 |
| RESISTANCE 1 | 2141 |
| SUPPORT 1 | 1935 |
| SUPPORT 2 | 1850 |
Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 1935 Levels, Minor resistance on the upside is capped around 2141 levels.
If stock breaches minor support on the downside and closes below it we may see fresh break down and stock can drag towards Major Support on lower side @ 1850 and If stock breaches minor resistance on the upside and closes above it we may see fresh breakout and stock can head towards Major Resistances Level @ 2263
Stock is trading below 200 days exponential moving average, suggests long term trend is bearish. EquityPandit predicts range for the Weekly as 2263 on upside and 1850 on downside.
