TEACHER: Give me an example of SHM ;STUDENT: Price action of HUL

HINDUSTAN UNILEVERNSE

Description

⋅ Nov 27, 2021 8:27 AM

It's indeed the best trading bet for beginners to buy at the bottom of the channel and sell at the top
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HAPPYY TRADING :)

Comments

shariqt

⋅ Nov 27, 2021 12:51 PM

I hv a different view. stock is below all the moving averages. not a good time for Buy.

keshevdugar

⋅ Nov 27, 2021 1:59 PM

@shariqt, It is not a buy buddy...it is a defensive bet to hedge your portfolio as the chances of HUL going down with market is very less

AjayNalhe

⋅ Nov 28, 2021 5:30 PM

shm ??

keshevdugar

⋅ Nov 29, 2021 4:30 AM

@AjayNalhe simple harmonic motion

hvmishra

⋅ Nov 28, 2021 12:09 PM

Since 2008 it has never closed below the 20 month Ema which currently stands at 2303. So yes, good for a few weeks / months holding.

keshevdugar

⋅ Nov 28, 2021 12:26 PM

@hvmishra 👌

arun2404

⋅ Dec 16, 2021 5:47 PM

@hvmishra excellent observation

movies4you4me

⋅ Nov 27, 2021 9:48 AM

in my opinion once something becomes very obvious, it stops working. just like the third touch rule. I honestly don't know much so I could be wrong 😅

keshevdugar

⋅ Nov 27, 2021 9:55 AM

@movies4you4me, Just follow the trend (PRICE ACTION) and ignore all the other stuffs