HUL - Short term short play
With availability of oil to keep becoming tight expect FMCG players to start facing headwinds. They already faced problems with rising raw material prices and not easy to pass on the price rises.
Expect short term breakdowns/momentum on the downside. Stock could break the short term support level.
Short below 2110 with a stoploss of 2150.
Expect short term breakdowns/momentum on the downside. Stock could break the short term support level.
Short below 2110 with a stoploss of 2150.
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