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udaybhonsle5

Hindustan Unilever good for swing

Long
HINDUSTAN UNILEVER (NSE:HINDUNILVR)  
udaybhonsle5  
NSE:HINDUNILVR   HINDUSTAN UNILEVER
Trend Analysis swingtrading swingtrade hindustanunilever
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trendanalysis swingtrading swingtrade hindustanunilever
The analysis behind this trade is simple. Buy on the trend line. Hindustan Unilever has been respecting this trendline for years.
In the current scenario

Price took support from the trendline.

Engulfing pattern at the support and near the trendline.

Volumes are above average.

Zone from 2319 - 2333 has been proven good support previously.
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