Regan Homavazir, Darashaw is positive on Hindustan Unilever. It is going to consolidate at these particular levels and then start moving higher. We are expecting it to get back to Rs 600, he adds.
Homavazir told CNBC-TV18, "We are positive on Hindustan Unilever where it stands now. The correction in Unilever was suppose to happen seem to have gotten over. We believe that it is going to consolidate at these particular levels and then start moving higher. We are expecting it to get back to Rs 600."
He further added, "Emami seems to be the star performer in this pack because it is showing signs that it could go as high as Rs 800 very shortly and Pidilite Industries which is our top pick, one of the top picks, is likely to be a wealth creator. We expect it to move to Rs 500 from where it stands."
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