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T_Harth
Apr 17, 2020 3:18 PM

HUL go Long. Analysis mentioned in Chart  Long

HINDUSTAN UNILEVERNSE

Description

- Trend is Still Bullish as RSI not yet oversold
- RSI hit overbought few days back and currently stock undergoing a pullback
- Price around 65 Day EMA & close to VWAP. Let it get above VWAP & 65 EMA to initiate a Long
- Accumulation can be observed on the 5 min charts and the last few candles in the 30 min chart as shown above
- Bears will be in control only if 2313 breaks on the downside

For more clarity, feel free to ask Qs

Trade closed: stop reached

Pretty late to Update this but since it was my first Idea on TV. I'm back to close this Idea. As the very next day of publishing it the rising TL broke & Stop Loss hit.
Comments
philipakash
I have BUY @ 2450 on Margin. I have sent an after market SELL at 2600
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