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Stock Radar: A pull back may take HUL towards Rs2500. Is it a good contra buy?
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Diversified FMCG major Hindustan Unilever is trading near crucial support areas and a pullback move is on the cards, which may take the stock towards Rs 2500 levels, suggested experts.The stock, which is also a part of the S&P BSE Sensex, hit a 52-week high of Rs 2768 on 7 July 2023, but failed to hold on to the momentum. It has fallen a little over 10% since then.
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