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Check HUL Full Analysis At Unicorn Signals
HINDUNILVR Weekly Outlook and Analysis:
For the Week: (May 02, 2022 – May 06, 2022)
Check HUL Full Analysis At Unicorn Signals
BSE: 500696| NSE: HINDUNILVR| ISIN: INE030A01027| SECTOR: FMCG
HUL Share Price: 2234.85 (NSE)
HUL closed the Week on Positive Note Gaining 5.07%
Weekly High: 2290
Weekly Low: 2047
Weekly Range: 243 points
Weekly Support & Resistance for HUL:
| RESISTANCE 2 | 2433 |
| RESISTANCE 1 | 2333 |
| SUPPORT 1 | 2090 |
| SUPPORT 2 | 1947 |
Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 2090 Levels, Minor resistance on the upside is capped around 2333 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 @ 1947and 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 @ 2433
Stock is trading below 200 days exponential moving average, suggests long term trend is bearish. EquityPandit predicts range for the Weekly as 2433 on upside and 1947 on downside.
