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Technical Analyst, Ashwani Gujral is of the view that HUL may test Rs 265.

“Hindustan Unilever has been outperforming for the last five-six months and now it’s got support around Rs 230 probably we can see levels of about Rs 265. But it will not give those massive gains; market will fall and HUL will hold up, probably will go up to Rs 2-3.”

He further added, “ITC has support at Rs 180 and maybe it could move slowly towards Rs 210. But one probably cannot expect these stocks to move against the market too much.”

Disclosure: Analyst doesn’t have positions in the above stock.

Source : MoneyControl

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