HUL to trade in the range of Rs 2,080-2,220 post Q2 results, bias at upper end

Significant buying interest was seen in the stock intraday, hinting at the upper end of the range being tested. Percentage of delivery stood at 60% to traded quantity intraday.

The active futures contract witnessed a rise in open interest of 13% as the stock traded half a percent lower.
Mumbai: Hindustan Unilever could trade in the range of Rs 2,080-2,220 post its September quarter results on Tuesday, intraday options data indicates. The stock traded at Rs 2,171 intraday closer to the upper end of the band.

Significant buying interest was seen in the stock intraday, hinting at the upper end of the range being tested. Percentage of delivery stood at 60% to traded quantity intraday.

The active futures contract witnessed a rise in open interest of 13% as the stock traded half a percent lower.

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