Abhijit Paul of Alphative Advisors is of the view that Hindustan Unilever may test Rs 650.
Abhijit Paul of Alphative Advisors told CNBC-TV18, " Hindustan Unilever (HUL) is one stock that I would like to play safe at this kind of price, mainly because of the fact that I sense that the market can off a bit not much. It has moved into a short-term uptrend for sure and it has the strength to extend the bit upside from here on."
"The net call is probably the defensives may play a slightly better role going forward for couple of weeks from now on. So, I am looking at a target close to Rs 650 and a stoploss of Rs 575," he said.
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