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shivashish876
Nov 13, 2019 6:21 AM

HUL ascending wedge pattern Long

HINDUSTAN UNILEVERNSE

Description

NSE:HINDUNILVR

HUL is moving in an ascending wedge pattern, which has already tested lower levels 4 times thus, acting as a major support.
On the upper side it has tested the upper band 3 times, and again showing correction - genuine to this pattern.

Safe investors can wait till it reaches the lower base and then make a Long position so that we can ride the bounce back from the lower base
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