indiamarketoutlook

HUL: At lower end of the channel

Long
NSE:HINDUNILVR   HINDUSTAN UNILEVER

- We are looking at Channel trade potential
- Stock has been trading in a sideways channel since July 2022
- currently trading above 21 day EMA (2419) and below 63 day EMA ( 2469)
- momentum may come in once closing is above 2470 odd levels

Rest levels are mentioned in the chart itself

Take care

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