shiv2798

Hindustan Unilever In Monthly Supply Zone

Short
shiv2798 Updated   
NSE:HINDUNILVR   HINDUSTAN UNILEVER
4
The Price is all time or in Monthly Supply Zone , Where the long term investors are selling their stock and taking their profit
Short term investors have created a Small Demand Zone in 4 Hour Candle Chart , You can really see the excitement how the price left towards the supply Zone , its called Market movers are Playing to sell off their holdings , Market movers are tend to move in big price spread when they are about to reach last supply Zone , and small and retail investors tend to invest after seeing the price move such a big way but fails to understand this move is only to trap small and retail investors , after all the Hedge funds or Institutional investors have to make money
You can also view the Red mark area as Current Supply Zone ,
One have to take steps while selling at top that sell only with the confirmation of Reversal candlestick formation
at Now price is heading towards Selling area
Regards
Comment:
The stock Made highest of high and eliminated the supply or resistance completely its now called no longer supply
What exactly i mean ?
When highest high is reached with full plug of buying pressure then all the supply pending orders have been absorbed now this area becomes not valid for consideration of further supply , if stock closes above the mark of highest high then the new Up ward is possible
Regards
Trade active:
Today the stock closing is above the high of all Monthly supply Tip then one can look for feature growth in the stock
Regards
Trade closed: target reached:
HA HA did anyone took serious about the Technical analysis ?? if not then very sad
I had clearly expressed once it cross the Monthly and all time high it will make new higher high
From 954 to 997 was very good Journey in 2 days Made 4.50% in Profit
Still holding 50 % of Quantity if stock moves further then OK if turn down then i will exit all position
Regards
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