vyas1394

HINDUNILEVER at good value area

NSE:HINDUNILVR   HINDUSTAN UNILEVER
NSE:HINDUNILVR
The stock is currently at a good Support
on daily chart its a triangle consolidation after a good upmove
forming HIgher lows from the last major low onwards.
From 28th may low onwards it formed HL HH format.
It didn't break the downtrendline but currently, it broke the 200ema of 1hr with power and retesting the same.
Entry can be made with very minimal SL now or wait for one more move and enter at its retracement.
2356 is my SL

Comments

vyas1394 akshay6908
@akshay6908, good downtrendline breakout it can move till 2500 as per technicals if you can hold for swing/short term. 2434-2446 is a good resistance zone
2400-2407 is also a good resistance. You can book profits accordingly
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Pin-point 🧐 analysis 🎉
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