NiftyPredictor

HUL's love hate relationship with oil

Long
NSE:HINDUNILVR   HINDUSTAN UNILEVER
HUL maintains rally with oil prices, but only to a limit, after which its pricing power and brand power in terms of passing on costs crashes.

However, historically it has always recovered from super lows. At 1866 is a super buying opportunity. Buy 10% at current levels, and keep buying in tranches till the bottom out at 1866.

Set your GTTs for a upside recovery of 20%
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.