#hindustanunilever technical analysis.
#hul has broken its long term support of 200 day moving average and trendline suggesting that it is in bearish zone till it breaches 2400. Both trendline and 200 day ema suggesting huge resistance around 2400 levels.
Recently it has breached its nearby resistance and formed w pattern. its a good short term buying opportunity too with near by stop loss of 2100 and target of 2250.
Buy on any reversal or support candle around 2100 levels.
Recently it has breached its nearby resistance and formed w pattern. its a good short term buying opportunity too with near by stop loss of 2100 and target of 2250.
Buy on any reversal or support candle around 2100 levels.
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