HUL was trading in a range of 272-255 before 3-4 trading sessions, it shot up before the results as many people were expecting very good numbers from it and then there was a major sell off yesterday. But if one is a long term investor going by the trend displayed by HUL in the last one year or a year and a half, I would suggest holding HUL for simple reason that this is one stock that has hardly given you any downturn throughout the downturn of 2008-09 and this is actually referred to as a bell weather kind of a stock, so I would suggest holding on to it. Maybe in the short term period from here, it may not perform but over the medium term, they were expected to cross Rs 320 or moving higher. So I suggest holding on to it with a stop below 245.
source:MC
source:MC
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