• Trading Account
  • Downloads
  • Nifty Options OI
    • Nifty Max Pain Chart
    • Nifty Option Change in OI Chart
    • Nifty Put Call Ratio
    • Nifty Option Total Change in OI
    • Nifty Trend Finder
  • BankNifty Option OI
  • About Us
  • Learn Technical Analysis
    • Advance Option Trading Course

OurNifty.com

A Indian Stock Market Blog

  • Forex
  • Gold
  • Intraday Stocks
  • Midcap Stocks
  • Multibagger
  • Nifty
  • Nifty Option
  • NSE
  • Amibroker

Safe Heaven Stocks: Invest in Hindustan Uniliver Stock When Markets are Uncertain

By Bhaveek Patel 1 Comment

Hindustan Unilever Ltd. is well diversified conglomerate in India its major selling product includes FMCG products. The stock of this company was listed on 6 July 1995, the stock performance is not that attractive but the stock at CMP is really valuable. Daily chart of Hindustan Uniliver stock suggest that there will be some sort of range bound movements. We will not recommend any trading view in this stock, but we advice long term investors to invest in this stock at current levels of 305 and wait for long term target as 350 and 380 level, the movement in this stock is not very much as it defensive stock in the market. The stocks like HINDUNILVR has fallen about 15% at the time of recession when the other stocks in the market has corrected about 90%. So having the stocks like HINDUNILVR in the portfolio can be like a protection at the time of bad events in the markets. Our advice is to place the stop loss at 288 zone. Technical indicators suggest the mixed kind of movement in the HINDUNILVR stock.
Hindustan Uniliver Logo

Share1
Tweet
Pin
1 Shares

You Should Read This:

  1. Midcap Multibagger Stocks: Fundamentally and Technically Strong Stock: 3MINDIA, target 4545 3M India Limited was listed on 7 February 1995 on NSE, the stock price was then about Rs.165 per share. Since then the stocks of this company has given extraordinary returns. Now the stock trades...
  2. Cipla is Safe Heaven Stock, A Must have Stock in Investment Portfolio, Buy CIPLA on Dips Cipla Ltd. being one of the largest pharma company has achieved leadership in this sector in India as well as in countries like US, UK and European region. The stock performance of this company attracts...
  3. Cigarette Manufacturer Giant: ITC is Low Beta Stock, Safe Investment in Stock Market ITC Ltd. is India’s largest cigarette manufacturer. It is one of the oldest listed company on NSE as it was listed on 23 August 1995. The stock has moved significantly in these years with lots...
  4. Rakesh Jhunjhunwala Stock: Should You invest in A2Z Maintenance & Engineering for short term? A2Z Maintenance & Engineering Services Limited is the company of Engineering sector, it hit the market in the month of December last year 2010 and was listed on 23 December 2010. Since the listing the...
  5. Technical Analysis on M&M Stock: Auto Companies Stocks to Perform Well, Multibagger Stock Mahindra & Mahindra Ltd. was listed back on NSE on 3 January 1996, stock performance of the comapany was not that attractive until the 2009, from the 2009 lows the stock today trades about 8...

Category: Multibagger Tags: Buy HINDUNILVR/ Safe Heaven Stock/ Technical Analysis

About Bhaveek Patel

Bhaveek Patel is one of the most successful traders, technical analyst, and investor, his areas of interest include stock market, forex, and gold trading. Apart from this, he is often seen in the golf course. He is having more than 10 years of experience in trading, had placed his first order on 19 June 2006 with IndiaInfoline.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Previous Post: Private Sector Banking Stocks Looks Attractive: ICICI Bank may Outperform State Bank of India
Next Post: Cairn India May Weaken in Short Term, Due to Drop in Oil Prices, Strategy Short Sell on Bounce

Advance Options Trading Course

options trading course

Lowest Brokerage Trading A/c

Lowest brokerage trading account opening in India

Learn Technical Analysis

technical analysis course

Recent Articles

  • ASX Penny Stocks List for 2023
  • 7 Ways to Boost Your Revenue
  • NYSE Penny Stocks List for 2023
  • Short On Cash? Here’s How You Can Manage Your Priority Spends
  • FREE Webinar on Option Chain Analysis
  • LSE Penny stocks list for trading in 2023 Should you buy?
  • BSE Penny Stocks List 2023

Popular Categories

Amibroker Finance Forex Gold Intraday Stocks IPO Midcap Stocks Multibagger NEWS Nifty Nifty Option NSE Short Term Stocks Technical Analysis

About Us | Contact Us | Privacy Policy | Disclaimer


Copyright © 2009 - 2023 OurNifty.com Trading ideas published here cannot be reproduced without permission from the author.
OurNifty is Powered by Wordpress and hosted on Digital Ocean