Hindustan level is pure sell at current level as stock will face selling pressure at higher levels. Today was a memoriable day for the stocks but stock may not surprise on the earnings side. But surprise can be on the negative side. There will be pressure on margins on the back of weak monsoon and weak rural demand. So people should book profits in this stocks if they are holding for short-medium term and stock can fall back below 250 very soon as market rally does not support this stock. This stock may face selling pressure in case of sharp run up in the market as this stock will face sell-off and money will be diverted to other momentum stocks in the market. Sell at current level with target of at least 265 and fall below 265 will attract next support of 248 for the stock. Always be cautious on this stock
marketbear, for sure you are a bear in the case of HUL. Everybody is seeing no decline in the rural market inspite of weak mansoon. Now that part is very well in news, so where did you get this old news of declining rural demand? And am I telling that the stock will move upward ... no really and I am not also expecting the stock to move down. But for sure looks like the effect of monsoon is overblown and would like to point that to people on this board. And about people moving money to other scripts ... yes I agree with you fully on that. I have seen this script going down when the market starts day dreaming.
stock will plummet ahead of the results because of bad experience in the last quarter. So do not expect miracle from this stock. Stock has achieved it`s target of 283 yesterday. You may be bullish on the stock because you are holding the stock. Same guy like you was criticised me when I recommended buy on the stock at the level between 160-180. So these type of guys exists on the board and these type of people needed for speculators to be trapped at the wrong end of the move. So buying at these level can be sucidical for investors. Next week market will go up very sharply and that will dent HUL to lower level. Today stock was facing continuous selling pressure and speculator was active on the counter. This stock looks to fall back towards 265 level within week. Let`s what`s happen. I am not saying that rural demand has decreased but such fear will be there because of bad monsoon. I know these speculators in HUL as I am used to trade in this stock from 307 to 249 levels. So you need not teach lesson to me, OK.
If investors realy want to go long then go long on banking, steel stocks at every decline as these stocks are going to rocket from next week onwards. This is just for your kind information. This will just informative for you that who is bull and who is bear.
According to me person bullish on HUL remain bearish on overall market. HUL only can outperform in case of weak market except few exceptions. Just enjoy trading and hold on stock if you are long-term investors as this call is not for long-term investors but for traders
Dear mb, markets are going up and HUL is also up. It seems to me that the stock could be bonus candidate. Last bonus announced in ratio of 1:2 was in 1991. The co could announce bonus in a reasonable ratio any time.
Bonus does not matter for the stock. But result will really matter. Though HUL is going up, pace of rise has got punctured anmd any negative development can give stock beating. So it will be better to be cautious. Ahead of diwali, metal, banking stocks will give decent returns. Tata Steel is likely to surpass 600-620 range over next 3 sessions including mahurat trading. SBI is likely to touch 2400 in the same period. At current price, HUL is overvalued. Bonus issue will not be wise idea for the stock as serving the equity will become even tougher then. So bonus is not expected but speculators are expecting miraculas results from the company which is most unlikely