HUL emerges as a defensive bet amid broader market correction: Ruchit Jain
“Hindustan Unilever stock has already gone through a time-wise corrective phase over the last few months and now seems to have formed a support base around Rs. 2250 and Rs. 2350. Traders can buy for a target of Rs 2600 in the next few weeks,” Ruchit Jayantilal Jain, VP, Head – Equity Technical Research at Motilal Oswal Financial Services Limited, said.
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