Hindustan Unilever - Bearish Breakdown - Wedge

Hindustan Unilever has given a bearish breakdown from a falling wedge pattern on Hourly chart. Positional Short position should be initiated on the counter.

Targets: 2085/1940
Stoploss:2340

Trade closed: target reached

First Target of 2085 is met.

One can keep today's high as trailing SL to wait for the second target of 1940

Trade active

First Target of 2085 is met.

One can keep today's high as trailing SL to wait for the second target of 1940

Note

Second Target of 1940 has also been met. Exit with profits.

Trade closed: target reached

Exit with profit.

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