Long

FINDING BREAKOUTS SIMPLIFIED!! BREAKOUT IN HINDUSTAN UNILEVER

Updated

Hindustan unilever was stuck in a long consolidation phase from many days
and was under performing.
in last few days it gained a bullish momentum as the whole FMCG Sector or CNX FMCG is currently most performing sector or index

Currently as of all details given in the chart it has given a very strong breakout with strong bullish volumes and candle.
It has closed above the last high of 2614 which is more than enough for a good breakout trade opportunity.
Also in addition Call Unwinding from ITM has Started soon ATM Call Unwinding would start.
2600 would act like a minor support for now.
If more PUT writing comes then would become stronger.

A short retracement can be considered near a Range of 2600-2560 and we shall accumulate it on it
a Good candidate for Swing.
Traders can consider 2500 Can be considered on day closing basis.

All the conditions for finding a good trade are given in the chart
Please Read Carefully it is much educational DATA

NOTE- THIS IDEA IS ONLY FOR EDUCATIONAL PURPOSE WE ARE/WOULD NOT BE RESPONSIBLE FOR ANY PROFIT OR LOSS

Happy Investing..!!

Note

2500 on day Closing Basis would be
Stoploss

Note

All Done as I said
A retracement came towards 2600 levels

I think Some of you would have brought it.
Very High Amount of CALL unwinding was seen today on all ATMs, ITMs and OTMs and also PUT unwinding was done in OTMs
Some of the PUTs were added today on ATM.

Everyone keep SL of 2500

Note

Everything is Working As exactly I said
A Retracement came towards 2600 levels
Where I said to Buy it and then today it moved from 2610 to 2666.
2667 is a Resistance
If closes above it
Targets Will be
2680-2700-2740-2780-2800+

Trade closed: target reached

1st Target Done 🎯😎

Note

Today it made a High of 2698
Almost Totally done the
2nd Target 🎯 🏆
Just behind by 2 points

Trade closed: target reached

2nd Target Done 🚀

Trade closed: target reached

Hindustan Unilever Firing up🔥🚀
3rd Target Done 🤩
Gave more than 5% returns 🏆🔥

Note

Made a high of 2775 🔥🚀
Just 5 points Behind the 4th Target 🎯
🤩

Trade closed: target reached

Big Blast 💥💣
All Targets Done 🤩
Crossed 2800🥳
Made a High of 2810🚀

Gave more than 7.6% Returns 🏆
In Just 8-9 Days 😎

If Closes above 2800 then Another
Extended Targets will be Given

Safe Trader Book 100% Quantity
Enter once again if Closes above 2800

I would Too Update here for Entry

Note

Closed above 2800🤩
Soon 2880 levels Would Come

Note

We are Back on Track 😎after a Consolidation 😐

Arshad_Khatib

Also on:

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.