Hindustan unilever share price daily chart technical analysis
Hindustan unilever share on last trading session closed at 644 with loss.on daily chart HUL share trend and momentum both bullish.
on upside 647 is week average and 720 is last major top and remain as strong resistance.while on downside 630 is month average and 615 is 3 month average and both strong supports.
on indicators,HUL share daily chart rsi level is 54 and with bullish divergence while cci level is +55 with bullish divergence.
here for short term traders,above 615 keep buy on dips view and expect 650-700 as target levels.
Hindustan unilever share price weekly chart technical analysis
HUL share on weekly chart showing negative gains in this week.on weekly chart HUL share trend and momentum absolute bullish and heading towards new high.
on downside,590 is 6 month average and first support on weekly chart below that 548 is 12 month average and 486 is 2 years average and last support from medium to long term view.on upside 680 and 725 are previous tops and upcoming targets as well as resistances.
on indicators,HUL share weekly chart rsi level is +62 with bullish divergence while cci is +146 with bullish divergence.
fro medium term investors,590 is entry zone with stoploss and keep target at 660-720 on upside.
Hindustan unilever share price monthly chart technical analysis
HUL share showing gains on monthly chart.on chart this is straight 7th gaining moment for prices.in these 7 month HUL share rallied from 428 to 700.
on monthly chart 448 is 3 years average level and 440 is 5 years average level.on upside heading towards 1000 level.on indicators rsi level is 77 and seems to be overbought while cci is +182 and hovering in overbought zone.
from long term view,448 was investment level and target was 582 which is achieved,717 that as also achieved now next target will be 850.and on downside 580 will act as support.
on any major correction use 440-480 zone for long accumulation with long term view(2-5 years view) and expect target 700-800 on upside.