Hindustan Unilever – Technical Analysis, Short Analysis

The stock

is in a strong bearish trend on the daily chart. After reaching nearly ₹3000 in 2024 the stock has formed consistent lower highs and lower lows. It is currently trading around ₹1818 near its recent lows. The price remains below the major moving averages, while RSI readings indicate weak momentum. The latest price action does not yet confirm a trend reversal. Support & Resistance: Immediate support lies around ₹1780–1800 followed by ₹1730–1755. On the upside, ₹1850–1875 is the first resistance zone followed by ₹1930–1950. Short-Term Buyers & Holders View: Short-term buyers can wait for price stabilisation and a sustained move above ₹1875 with strong volume before expecting a recovery. A breakdown below ₹1780 may increase selling pressure toward lower support levels. Holders should monitor whether the stock forms a stable base and starts making higher highs and higher lows.