HUL: 885-900 May Be A Big Hurdle & At TTM PE Of Around 47, The Stock May Be Quite Expensive Too !!

Time & price action suggests that HUL has strong resistance around 885-900 zone and only sustaining above 900, it may further rally up to 930-945-985 area in the near term.

On the other side, sustaining below 885-875 zone, HUL may face intense selling pressure and may fall towards 850-824-805 area in the short to medium term.

Trading Idea: HUL

CMP: 868

Either sell below 875-885 or on rise around 900-920;

TGT: 850-835*-824-805-788-765*-745-725 (1-3/6M)

TSL> 930

Note: Consecutive closing (3 days) above 930 for any reason, HUL may further rally up to 945-965-985* & 995-1015*-1065 in the medium to long term (alternative bullish case scenario from the current trading levels).

For HUL (Standalone):

Q3FY16 TTM EPS: 18.53

Projected FWD EPS: 19.05-21.95-25.25 (FY:16-18)

Average PE: 35

As par BG metrics and current market scenario:

Present median valuation may be around: 745 (Q3FY16/TTM)

Projected fair value might be around: 755-810-870 (FY:16-18/FWD)

 

SCRIP	EPS(TTM)	BV(Act)	P/E(AVG)	Low	High	Median	200-DEMA	10-DEMA
HINDUNILVR	18.53	17.21	35	735.32	748.74	742.03	833.71	864.4

HINDUNILVR

19.05

19.55

35

745.57

759.17

752.37

833.71

864.4

HINDUNILVR

21.95

22.25

35

800.31

814.91

807.61

833.71

864.4

HINDUNILVR

25.25

25.25

35

858.37

874.02

866.19

833.71

864.4

  

Analytical Charts: