Hindustan unilever was stuck in a long consolidation phase from many days
and was under performing.
in last few days it gained a 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 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
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
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
Almost Totally done the
2nd Target 🎯 🏆
Just behind by 2 points
3rd Target Done 🤩
Gave more than 5% returns 🏆🔥
Just 5 points Behind the 4th Target 🎯
All Targets Done 🤩
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
Soon 2880 levels Would Come