TradingView
anandlive
Nov 20, 2021 3:06 PM

HUL - Low risk Set up Long

HINDUSTAN UNILEVERNSE

Description

Stock is testing its long-term support trendline. if reverses from here can go 2475/2550/2615.
The main point at the moment is a risk-reward ratio. Which is very favorable here.
Only for learning and sharing purposes. Not a bit of a trading recommendation.
Please comment with your views.
Comments
solacenator
I was following the exact same set up . 2300 m milta to sir thoda risk to reward bhi sahi ho jaata .bit it's a great buy at CMP too
anandlive
@solacenator, Bro we have to wait for 2300. But there are fewer chances of that price. Yes, one can keep a buy order at lower prices if there comes a spike in a downward direction. It may happen if the market goes weak.
More