HUL Breaks Consolidation (Sell Setup)
It is been observed that the price action on hourly chart breaks out from the consolidation and now closes below 838 levels of support, indicating further downside move. It has also retraced back to the breakout levels to confirm previous support as resistance, indicating further selling pressure in the price action.
Target: 825
Stoploss: 850
Target: 825
Stoploss: 850
Trade active
Getting Closer, Trade active
Trade closed: target reached
Target reached successfully, Cheers :)Regards
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Related publications
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.