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dsuraj32
Jul 31, 2021 8:55 AM

HINDUSTAN UNILEVER 1DAY TIME FRAME ANALYSIS Long

HINDUSTAN UNILEVERNSE

Description

HINDUSTAN UNILEVER 1DAY TIME FRAME ANALYSIS

- Growing in a Rising Channel Since 2017
-Strong Support at 2300 & 2100 Levels
-Major Resistance at 2500, if it breaks, can push it to 2700
- Possible Double Bottom Formation if completes can push it to 2250 - 2100


POSSIBLE SCANERIO:
1. It will take support from the current level and continue its journey towards 2500 (Higher Probablity)

2.If it breaks 2300 levels there is a chance it will bounce back from the trendline around
2260 so if it falls one can take entry around 2260 to TGT of 2500

Trade closed: target reached

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