My View on HUL — Daily Chart

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My View on HUL — Daily ChartHindustan Unilever LimitedNSE:HINDUNILVRsalaisargunansp1. Key Observation HUL has shown a strong bullish reaction from the ₹2,107–₹2,126 support zone. The latest green candle indicates renewed buying interest, while the FMCG Index is also showing strength for the coming weeks. 2. My View HUL has good potential for the July contract. If price holds above the support zone and sustains above ₹2,160, bullish momentum can strengthen further. 3. Invalidation The bullish study becomes invalid if HUL gives a daily close below ₹2,106.80. 4. Risk-Reward Entry near ₹2,126, SL below ₹2,107, and target near ₹2,282 gives an approximate 1:8 risk-reward ratio. 5. Target Point / Range TG1: ₹2,160 TG2: ₹2,240 TG3: ₹2,282.50 6. Why It’s Good for Long HUL is taking support near the lower demand zone, buyer activity is visible, and strength in the FMCG Index can support a larger upside move. 7. Time Period This view is mainly for the July options contract and the coming few weeks. #HUL #HindustanUnilever #CNXFMCG #NiftyFMCG #FMCGStocks #VPA #VolumeProfile #PriceAction #OptionsTrading #JulyContract #IndianStockMarket