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samabishek0611

HINDUSTAN UNILEVER weekly tf.. Huge support at channel bottom..

HINDUSTAN UNILEVER (NSE:HINDUNILVR)  
samabishek0611 Updated   
NSE:HINDUNILVR   HINDUSTAN UNILEVER
Trend Analysis Trend Lines
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trendanalysis trendline
HUL has been an underperformer for quite sometime in the market.. Now technically in weekly chart, the stock has taken good support from the channel bottom and seems to be ready for decent up move..
In 1 hr chart, the stock has given a breakout from the triangle pattern and towards the closing,it seems to have retested the trendline back.. Should possibly move up from here.. Lets wait and see..
(These are just my views..Only for educational purpose)
snapshot
Comment:
As discussed, the stock has beautifully gone up from 2109 to 2150 today ..
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