HUL looks good at CMP 2884/- with SL of 100 points

HUL taking support near CMP and looks good with support o 100 points.

Comment:

Now with HUL moving nicely up, one can safely move the SL to 2495/- i.e. above cost and making it a risk free trade.

Comment:

This is going exactly as planned. Now one can safely trail SL to 2540/- just to make sure, we don't end up loosing in a winning trade.

Trade closed: target reached:

And HUL is now 200 Points up from the levels suggested with SL of 100 points, i.e. achieved 1:2 RR easily. Can be trailed for more gains. Closing the updates now as minimum 1:2 RR is what one must look for which is done in this case.