HUL is a good quality stock with some good fundamental results.
Although the stock breaked it's 1.018% fib level which is the highest fib level,
There are also 3 resistances that the stock needs to break for a confirm buying.
Risk lovers would like to enter at CMP as the stock breaked it's highest fib level.
There are also risk takers but they need some confirmation of the uptrend so
they will buy when the stock breaks it's first resistance
normal traders would like to buy when the stock breaks it's 2nd resistance.
safe buyers would enter when the stock breaks all the resistance for confirmation of the uptrend.
Guys if you like then I will get to know what you think.please like and comment guys.
Although the stock breaked it's 1.018% fib level which is the highest fib level,
There are also 3 resistances that the stock needs to break for a confirm buying.
Risk lovers would like to enter at CMP as the stock breaked it's highest fib level.
There are also risk takers but they need some confirmation of the uptrend so
they will buy when the stock breaks it's first resistance
normal traders would like to buy when the stock breaks it's 2nd resistance.
safe buyers would enter when the stock breaks all the resistance for confirmation of the uptrend.
Guys if you like then I will get to know what you think.please like and comment guys.
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