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HUL's love hate relationship with oil

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HINDUSTAN UNILEVER (NSE:HINDUNILVR)  
NiftyPredictor  
NSE:HINDUNILVR   HINDUSTAN UNILEVER
Trend Analysis Fundamental Analysis Technical Indicators hul Oil FMCG NIFTY
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trendanalysis fundamental indicator hul oil fmcg nifty
HUL maintains rally with oil prices, but only to a limit, after which its pricing power and brand power in terms of passing on costs crashes.

However, historically it has always recovered from super lows. At 1866 is a super buying opportunity. Buy 10% at current levels, and keep buying in tranches till the bottom out at 1866.

Set your GTTs for a upside recovery of 20%
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