Stock Analysis – Hindustan Unilever Ltd (HINDUNILVR)
📅 Date: January 31, 2025
📈 Trend: Uptrend continues with strong momentum
📌 Market Snapshot
🔹 Change: +60.05 points (+2.49%)
🔹 Volume: 2.12M (Above 20-day avg: 1.82M)
🔹 Momentum Indicator: RSI breakout
🔹 Strong Bullish Candle forming
⚡ Levels to Watch
🔴 Key Resistance Zones (Above Current Price)
🚀 2,498.03 – Immediate hurdle
🚀 2,527.27 – Next breakout zone
🚀 2,575.53 – Major supply area
🟢 Key Support Zones (Below Current Price)
🔻 2,420.53 – Short-term support
🔻 2,372.27 – Key demand zone
🔻 2,343.03 – Strong base
🚀 Conclusion
HINDUNILVR is in a strong uptrend, supported by an RSI breakout and rising volume.
💡 Will HINDUNILVR sustain its breakout above key resistance, or is a pullback likely?
📈 Trend: Uptrend continues with strong momentum
📌 Market Snapshot
🔹 Change: +60.05 points (+2.49%)
🔹 Volume: 2.12M (Above 20-day avg: 1.82M)
🔹 Momentum Indicator: RSI breakout
🔹 Strong Bullish Candle forming
⚡ Levels to Watch
🔴 Key Resistance Zones (Above Current Price)
🚀 2,498.03 – Immediate hurdle
🚀 2,527.27 – Next breakout zone
🚀 2,575.53 – Major supply area
🟢 Key Support Zones (Below Current Price)
🔻 2,420.53 – Short-term support
🔻 2,372.27 – Key demand zone
🔻 2,343.03 – Strong base
🚀 Conclusion
HINDUNILVR is in a strong uptrend, supported by an RSI breakout and rising volume.
💡 Will HINDUNILVR sustain its breakout above key resistance, or is a pullback likely?
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.