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Check HUL Full Analysis At Unicorn Signals
HINDUNILVR Weekly Outlook and Analysis:
For the Week: (May 23, 2022 – May 27, 2022)
Check HUL Full Analysis At Unicorn Signals
BSE: 500696| NSE: HINDUNILVR| ISIN: INE030A01027| SECTOR: FMCG
HUL Share Price: 2325.95 (NSE)
HUL closed the Week on Negative Note Losing 6.01%
Weekly High: 2348
Weekly Low: 2172.30
Weekly Range: 175.70 points
Weekly Support & Resistance for HUL:
| RESISTANCE 2 | 2457 |
| RESISTANCE 1 | 2391 |
| SUPPORT 1 | 2215 |
| SUPPORT 2 | 2205 |
Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 2215 Levels, Minor resistance on the upside is capped around 2391 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 @ 2205 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 @ 2457
Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit predicts range for the Weekly as 2457 on upside and 2205 on downside.
