Hindustan Unilever
Hello & welcome to this analysis
It has been an underperformer for the last 4 years and has still not shown any clear sign of reversal except for going sideways in lower time frame due to being over-sold.
2250 is a crucial support, failure to hold could lead to further down side till 2100-1950. While short covering could come in earliest above 2275 with resistance lined up at 2300-2350-2450
Happy Investing
It has been an underperformer for the last 4 years and has still not shown any clear sign of reversal except for going sideways in lower time frame due to being over-sold.
2250 is a crucial support, failure to hold could lead to further down side till 2100-1950. While short covering could come in earliest above 2275 with resistance lined up at 2300-2350-2450
Happy Investing
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