HUL 1h time frame
Hindustan Unilever was moving in a symmetrical triangle, gave a good break today, and is on its way back to test the trend. wait for the test or the resistance break.
Trade wisely.
Trade wisely.
Trade active
Today the market opened weak due to the global weakness and fear of inflation. HUL opened with a gap down and entered the symmetrical triangle again, hasn't gone south yet. It should pick up from here, or break all barriers to the south.Trade closed: stop reached
Symmetry breached to the south and support also lost. It is now headed to the 2300 level support wait to see if it is sustained.
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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.