AS WE CAN SEE THAT THE STOCK IS IN A CLEAR DOWNTREND and might continue to still be in the downtrend,is it forming a head and shoulder ??
Maybe a good time to buy a PE for HUL ??
Will it be a breakout or head and shoulder and a breakdown??
Let's wait and watch
If it takes a rejection from the trendline , no second thoughts of buying a put!
Chart PatternsTrend Analysis

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