bullish0507

Hindustan Unilever price weakening

Short
NSE:HINDUNILVR   HINDUSTAN UNILEVER
The prices are weakening as also you see in the video that the closing of the red candle after dropping down from the converging trend lines made a closing more than 100 % from the previous closing of green candle. Thereafter we see that the prices never could make a FULL RECOVERY. This is quite logical because when the price makes more than 50% downfall, chances of full recovery are just 10 %. SO GAP DOWN OPENING