Wednesday, November 10, 2010

Diwali Picks & HINDUNILEVER closes @ highest ever

Highest ever close (Rs. 319) for HINDUNILEVER previous being Rs.314 on 25/02/2000
HINDUNILVR has closed at highest level in its life time of 20 years and this is a notable symptom for forthcoming rally. Its a multi-year breakout which can give way to a rally of big magnitude where targets above Rs 400 are easily possible.
HUL is a leader in FMCG industry and known for giving fantastic dividends (Current Div Yield 2%) which has sustained for the last 2 decades.

Mahurat Picks 2010- GLENMARK, HINDUNILEVER, SONATASOFTWARE, ONMOBILE, RELIANCE, RELINFRA, NTPC, GMRINFRA, IDBI and BAJAJHOLDING
Previous link for HINDUNILVR - http://akprabhakar.blogspot.com/2010/10/hindunilever-waking-up-after-10-years.html