#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
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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).
Comment: View negated as breakdown below neckline didnt happen.

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