Weak

May 30, 2021

#HindUnilever looks weak. In a rising market, it has been falling and now trading near the major neckline support of 2323. Breaking this neckline, it may test 200 DEMA, 2265 or 2205. One day before a high volume sell candle also seen. All is not well in this counter it seems.

Trend & Momentum Score - Bearish 1 Star

May 30, 2021

Note

Disclaimer: All these stock ideas or trade updates shared here are for educational purpose only and completely non-advisory in nature. I am not a SEBI registered analyst and strongly recommend people not to trade in NSE / BSE / MCX market basis this ideas. Objective of posts is to educate and help members learn technical analysis and hedging techniques from my personal trade picks to reduce the risk per trade and save yourself from bigger losses.

All these trade picks are selected using technical analysis and price action (VSA MomentumInvest Trading Setup) and for my own trading purpose only. Technical indicators are lagging and may generate false buy/sell signals. Market is supreme and my views may go horribly wrong. Please don't consider these trade ideas as trading recommendations. You may consider it for learning or at max use it for paper trading. Strictly avoid it for trading using real money. I am not responsible for any kind of profit and losses arising out of the above calls. Stock market trading and investment is subject to market risks. Contact your financial advisor before taking trades (or trade at your own risk).

Jun 22, 2021

Note

View negated as breakdown below neckline didnt happen.