NeeteshJain

HUL Breaks Consolidation (Sell Setup)

Short
BSE:HINDUNILVR   HINDUSTAN UNILEVER LTD
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
Trade active: Getting Closer,

Trade active
Trade closed: target reached: Target reached successfully, Cheers :)

Regards