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nitinshm

HINDUNILEVER, Long, near breakout of triangle

Long
HINDUSTAN UNILEVER (NSE:HINDUNILVR)  
nitinshm Updated   
NSE:HINDUNILVR   HINDUSTAN UNILEVER
Triangle traiangle trianglebreaout
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triangle traiangle trianglebreaout
Traingle are continuation patterns, HUL has been in consolidation for 6months now.

Go long above 2208

Target1 = 2500
Target2 = 2850

Stoploss: 2100.
Trade active: Entry at 2209 level.
Comment: What a move !! Whole fmcg sector is going strong.

In 4days, price reached to the swing high of 2350.....targets of 2490-2570 are in sight.

snapshot

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