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Item Details | Price |
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Stock name: HINDUSTAN UNILIVER
Pattern: At Support
Time frame: Daily
Observation:
The stock is currently at its support level; this level was tested by stock on 12th July & 17th Nov respectively. If the stock is able to hold this level, we may see a fresh up-move from here.
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Disclaimer: This analysis is purely for educational purpose and does not contain any recommendation. Please consult your financial advisor before taking any financial decision.
News for the day:
1) Hero MotoCorp have reached an agreement with California-based Zero Motorcycles to co-develop premium electric motorcycles. The companies intend to combine the expertise of Zero in developing power trains and electric motorcycles with the scale of manufacturing, sourcing and marketing of Hero MotoCorp through the collaboration.
2) Conglomerate Adani said on Tuesday, it prepaid share-backed financing of 73.74 billion rupees ($901.16 million), as part of its promoters' commitment to cut overall leverage backed by Adani listed company shares.
3) Jindal Stainless Ltd (JSL) on Tuesday said it will invest Rs 120 crore to set up rooftop solar capacities at its Jajpur and Hisar facilities. While a project of 21 megawatt peak (MWp) will be set up in Jajpur, another 6 MWp rooftop solar capacity will be installed at company’s unit in Hisar, JSL said in a statement.