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NeeteshJain
Oct 13, 2016 8:23 AM

HUL FINALLY BREAKS OUT FROM UP TREND CHANNEL  Short

HINDUSTAN UNILEVER LTD.BSE

Description

It is been observed on the daily chart, that the price action breaks out from the crucial support levels of 860 indicating further weakness ahead. It is also observed that the price action also breaks out from a long prevailing uptrending channel indicating a massive selloff. It shall further takes the price action down.

Target: 839
Stoploss: 888

Trade active

Gap down opening today, closing up to targets. Stay tight, we shall achieve the targets today. Regards

Trade closed: target reached

HUL Target achieved successfully, hope you had a good time. Regards
Comments
pravinpatil26
unfortunately i had opposite trade
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