Signals, Powered By EquityPandit
HINDUNILVR Weekly Outlook and Analysis:
For the Week: (Oct 04,2021 – Oct 08,2021)
BSE: 500696| NSE: HINDUNILVR| ISIN: INE030A01027| SECTOR: FMCG
HUL Share Price: 2704.05 (NSE)
HUL closed the Week on Negative note Losing 1.55%
Weekly High: 2765
Weekly Low: 2677
Weekly Range: 88 points
Weekly Support & Resistance for HUL:
| RESISTANCE 2 | 2803 |
| RESISTANCE 1 | 2750 |
| SUPPORT 1 | 2665 |
| SUPPORT 2 | 2627 |
Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 2665 Levels, Minor resistance on the upside is capped around 2750 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 @ 2627 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 @ 2803
Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit predicts range for the Weekly as 2803 on upside and 2627 on downside.
