Hindustan Unilever Ltd.
Company:- Hindustan Unilever (HUL)
Sector:- FMCG
M Cap:- 5.58T
Purpose:- Educational
Analysis:- Due to over-extended the FMCG index stocks like HUL and many more have fallen from the top of almost 8% to 12%, For the last few days, bottoming out formation has been taking place in the FMCG index and its heavy-weight stocks. In my view, the FMCG index has bottomed out and its heavy-weight stocks are now preparing to go up and "HUL" is also one of them. So if you also want to become a professional stock market technical analyst like me and want to become a profitable trader like me then contact us today and follow me on social media platforms.
Long @ 2385, Stop-Loss @ 2345, Upside target@ 2500, 2620 then 2760
Disclaimer:- I am not giving any stock recommendations. I am doing this analysis only for educational purposes. So before taking any trade and investment do your analysis and consult your financial analysis.
https://in.tradingview.com/chart/CNXFMCG/ohj7QMBa-Nifty-FMCG-Index-preparing-to-bottoming-out/ohj7QMBa
Sector:- FMCG
M Cap:- 5.58T
Purpose:- Educational
Analysis:- Due to over-extended the FMCG index stocks like HUL and many more have fallen from the top of almost 8% to 12%, For the last few days, bottoming out formation has been taking place in the FMCG index and its heavy-weight stocks. In my view, the FMCG index has bottomed out and its heavy-weight stocks are now preparing to go up and "HUL" is also one of them. So if you also want to become a professional stock market technical analyst like me and want to become a profitable trader like me then contact us today and follow me on social media platforms.
Long @ 2385, Stop-Loss @ 2345, Upside target@ 2500, 2620 then 2760
Disclaimer:- I am not giving any stock recommendations. I am doing this analysis only for educational purposes. So before taking any trade and investment do your analysis and consult your financial analysis.
https://in.tradingview.com/chart/CNXFMCG/ohj7QMBa-Nifty-FMCG-Index-preparing-to-bottoming-out/ohj7QMBa
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