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HINDUNILVRMARKET OUTLOOKSTOCK OUTLOOK

Hindustan Unilever Outlook for the Week (October 16, 2023 – October 20, 2023)

Hindustan Unilever
Hindustan Unilever
Hindustan Unilever closed the previous week on a negative note losing 3.71%.

Technically, Hindustan Unilever share price will see immediate support at 2,508.07 and immediate resistance would be seen at 2,603.77.

If Hindustan Unilever share price closes below immediate support of 2,508.07, then sharp breakdown can be seen. Hindustan Unilever share price will see major support at 2,446.68 for the week.

2580.002580.002560.002560.002540.002540.002520.002520.002500.002500.002480.002480.002460.002460.002440.002440.00Aug 31Aug 31Sep 5Sep 5Sep 8Sep 8Sep 13Sep 13Sep 18Sep 18Sep 22Sep 22Sep 27Sep 27Oct 3Oct 3Oct 6Oct 6Oct 11Oct 11Reversal Level 2526.63BuyBuySell

On the positive side, immediate resistance will be seen at 2,603.77. Closing above 2,603.77, Hindustan Unilever share price will see a sharp breakout. Major resistance for Hindustan Unilever share price will be seen at 2,638.08 for the week.

Trading range for Hindustan Unilever share price for this week should be between 2,412.37 on down side and 2,699.47 on up side.

Hindustan Unilever Previous Week High: 2576.7

Hindustan Unilever Previous Week Low: 2481

Hindustan Unilever Previous Week Range: 95.7 Points

Hindustan Unilever share price support and resistance for the week (October 16, 2023 – October 20, 2023)

Level Type Value
Resistance 3 2,699.47
Resistance 2 2,638.08
Resistance 1 2,603.77
Support 1 2,508.07
Support 2 2,446.68
Support 3 2,412.37
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