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.