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maheshmj007
Oct 28, 2021 5:49 AM

HUL bullish after testing trendline Long

HINDUSTAN UNILEVERNSE

Description

RSI is in highly overbought region ( below covid levels) and looking for bounce from long term trend line around 2330 levels shown in chart.
Stock is fundamentally strong and a monopoly with multiple brands.
Target for next few months
Target 1: 2530
Target 2: 2800

Happy trading

Trade active

can accumulate in the range( 2325-2370) for the upward journey
Comments
PrasanthRamakrishnan
Over bought or sold?
maheshmj007
@PrasanthRamakrishnan, sorry oversold
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