hindunilvr Monthly and daily price analysis

Hello traders

presenting to you HINDUNILVR analysis

price consolidating from last 3 years

i am assuming for break out in upside

in this chart left side is MONTHLY
and right side is DAILY

so in any case weekly closing happen above 2800
which is around 5.5% from current price

than buy in any retracement between 2500 to 2800

stop loss 2350

Target 4100

Comment:

i am not a Certified registered analysist
this is just my observation for practice and learning purpose of chart reading,
Must take advice from your financial advisor before trade

Comment:

any related query allow me to answer

if this idea is use full
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SMA 200, sma 100 , sma 50, sma 20 analysis on Daily

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price retesting today breakout level on daily

Comment:

stop loss 2350 is still alive so hope alive until stop loss didn't triggered