Hind Unilever Larger View :
FMCG index has turned BIG RED.
Hyper Inflation will lead to less demand.
Sell At Cmp 2565.85
Sell On Rise To 2627-2630
SL - 2680 ( DCB )
Target - 2400
Below 2400 Vertical Fall To 1900
Hindustan Unilever approaching towards resistance zone 2660 - 2700 and RR looks good to take short position.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
📈 Hindustan Unilever 📉
My Findings :-
1. Breakout from a Swing High.
2. Close Above March 2022 High.
Bias - Long
Target - 2315, 2417 and 2814
SL - 1943
RR- 1:4
All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and revert back if you need some more study on it.
Disclaimer : Consult Your Financial...
HINDUNILVR has bounced off its long-term trendline support. The line has been respected for over three years, including the Mar'2020 fall. Looks like the stock is in an ideal buying zone. Target can be kept at 2525/2800, closing below 2250 can be a safe stop loss for the stock.
NSE:HINDUNILVR
I am posting this as one of the follower requested on twitter.
Observations:
1) On daily time frame, we can see that it is trading below 200DMA which is placed at 2429.01 level.
Also it is in the critical zone of 2365-2400 range.
If we see in past, it stays below 200DMA for short time only.
Safe positional buy trade will be only on...
![HINDUNILVR: Simple Trade Setup | HUL | 01-11-2021 [INTRADAY]](https://s3.tradingview.com/3/36qAxkE6_mid.png "Simple Trade Setup | HUL | 01-11-2021 [INTRADAY]")
