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nitinshm
Dec 4, 2020 4:04 PM

HINDUNILEVER, Long, near breakout of triangle Long

HINDUSTAN UNILEVERNSE

Description

Traingle are continuation patterns, HUL has been in consolidation for 6months now.

Go long above 2208

Target1 = 2500 [Risk Reward 1: 3 ]
Target2 = 2850 [Risk Reward 1 : 6.5]

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.

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