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hrutwik_001
Nov 14, 2020 5:19 PM

Is HUL gonna give next breakout?  Long

HINDUSTAN UNILEVERNSE

Description

Here is the past trend and breakout of India's evergreen FMCG Hindustan Unilever. If we compare year on year financials it shows almost 15-20% growth in revenues as well in Net profits. But it's still hanging around below expected levels as compare to growth card and potential surge in market demands after pandemic.
Maybe it's time for banking and other industries. But it looks like by end of 3rd quarter HUL surely gonna cross resistance shown in chart.
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