Hindustan Unilever - Potential Cup & Handle + Volume expansion Long

HINDUSTAN UNILEVERNSE

Description

⋅ Jun 22, 2021 1:20 PM

Key Highlights:

1. Bullish market structure
2. Volume expansion
3. Cup & Handle formation
4. Major flip zone: 2440-2480
5. Target: 2612, 2741, 2892
6. Stop loss: 2300

You are always advised to use an appropriate Risk-Reward ratio as per your strategy.

P.S: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.

Comments

Vijay_Raju

⋅ Jul 11, 2021 5:09 AM

Hello. Sir. I am learning to Cup and handle
I think that Major flip zone mean buy price

johntradingwick

⋅ Jul 11, 2021 5:34 AM

@Vijay_Raju, Yes, it can be used as a buying zone. :)

Vijay_Raju

⋅ Jul 11, 2021 5:48 AM

@johntradingwick, I understood nice. Thank. :)

Kapil-Mittal

⋅ Jun 23, 2021 12:28 PM

Great analysis but I believe it might take some time to reach these targets

johntradingwick

⋅ Jul 11, 2021 5:37 AM

@ikapilmittal, Yes, you are correct. Currently, we are just seeing some consolidation move.

kunalpansari3

⋅ Jun 23, 2021 2:52 AM

Time duration?

johntradingwick

⋅ Jul 11, 2021 5:38 AM

@kunalpansari3, It may take some time because it is currently consolidating.