Stock in Downtrend: HINDUNILEVER
The technical indicators of Hindustan Unilever (HINDUNILVR) show weak momentum indicating decreased investors' interest in the stock.
HINDUNILVR has broken the key support of the 2550 level.
The next important support levels are 2425, 2361, and 2189.
The RSI is also hovering just over 40.
On the weekly closing, 2425 levels must be strongly held for any potential upside movement.
In addition, the volume support must be substantial for good price momentum.
HINDUNILVR has broken the key support of the 2550 level.
The next important support levels are 2425, 2361, and 2189.
The RSI is also hovering just over 40.
On the weekly closing, 2425 levels must be strongly held for any potential upside movement.
In addition, the volume support must be substantial for good price momentum.
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