MAYANKTECHRESEARCH

HINDUSTAN UNILEVER TECHNICAL ANALYSIS

NSE:HINDUNILVR   HINDUSTAN UNILEVER
HELLO FRIENDS I AM AGAIN WITH A NEW IDEA . FRIENDS I HAVE HINDUSTAN UNILEVER'S CHART PATTERN . FRIENDS IT IS MAKING A DESCENDING TRIANGLE CHART PATTERN. ITS SUPPORT PRICE IS AT RS 2174 AND RESISTANCE PRICE IS AT RS 2200 ITS TARGET YOU CAN TAKE FOR DOWNWARD IS AT RS 2150 , 2123,2083 . AND IF IT BREAKS UPWARD ITS TARGET CAN BE RS 2217 , 2232 , 2270. MY OPINION :- BECAUSE IT IS MAKING DESCENDING TRIANGLE WHICH IS A BEARISH SIGNAL AND THUS I THINK IT CAN GO DOWN IF OPEN WITH RED CANDLE WITH HIGH RED VOLUME THAN YOU CAN SELL.
THANK YOU PLEASE LIKE AND FOLLOW ME .
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