vkshines11

HUL LONG TERM CHANNEL BREAKOUT

Long
NSE:HINDUNILVR   HINDUSTAN UNILEVER
HUL has finally given a channel breakout but crossing ₹2600 levels, we can go long from the current levels at ₹2650 for
Target 1 = ₹2709 (Risk/Reward = 1:1)
Target 2 = ₹2792 (Risk/Reward = 1:2.5)
Stop-loss = ₹2590

It has very strong support at ₹2500 levels which is indicated by the Yellow line.
This is my FIRST TIME publishing an idea on Tradingview, so please comment and tell me if there are any mistakes.
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Also, the Financial statements data of HUL is very good and can also be bought for Long Term Investment at current levels with ₹2500 as Stop-loss.

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