Hindustan Unilever - Downside
HINDUNILVR2450 can be a supply zone for Hindustan Unilever. All indicators showing positive momentum and hence could be minor profit booking at supply zone area.
Current market price is approx 2460.
Scenario 1) If negative closing below 2420 then it may go upto 2360 for trend line support.
Scenario 2) any closing above 2500 may lead to short covering and price may shoot up further.
Trade closed: target reached
2360 Target achieved on short side.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.