HINDUNILVR: Smart Money Accumulation Zone After CHoCH?📘 HINDUNILVR (HUL) — Technical Analysis | Structure Shift & Golden Retracement Setup
(Timeframe: Daily)
HINDUNILVR is currently trading around ₹2,265 after a prolonged corrective phase.
The chart reflects a Change of Character (CHoCH) followed by a controlled retracement into a high-probability demand zone, where the next directional move is likely to emerge.
🔍 Market Structure & Price Action
The stock previously witnessed a strong bullish extension, reaching the 113%–128% Fibonacci extension zone, indicating an overextended move.
Post extension, price showed loss of bullish momentum, leading to a CHoCH — a clear signal of shifting market control.
CHoCH highlights early trend transition and often leads to range-bound or corrective price action, rather than an immediate trend reversal.
📌 CHoCH helps traders prepare for structural transitions before confirmation from higher highs.
📐 Fibonacci & Wave Context
The decline from point A to B appears corrective, not impulsive.
Price has now entered the Golden Retracement Zone (50%–78%) of Wave A.
This zone is typically where Wave B or Wave 2 attempts to develop.
Institutional participants often accumulate positions here due to favorable risk–reward.
📌 Failure to hold this zone often results in a deeper correction or trend reversal.
🎯 Key Levels from the Chart
Major Demand Zone: ₹2,230 – ₹2,200
Invalidation Level: Day close below ₹2,200
First Target: ~₹2,630 (≈ 78% retracement of Wave AB)
Second Target: ₹2,826 – ₹2,888
🧭 Trading Strategy (Swing / Positional)
Look for long opportunities only inside the ₹2,230–₹2,200 zone.
Prefer confirmation signals such as:
– Bullish rejection wicks
– Higher-low formation
– Minor CHoCH on lower timeframes
Avoid aggressive entries without confirmation.
🛑 Risk Management
Strict stop loss: Day close below ₹2,200
A close below this level indicates weak demand and opens the risk of extended downside correction.
Partial profit booking recommended near Target 1.
Trail stop aggressively if price sustains above ₹2,630.
📚 Educational Notes
Golden Retracement (50%–78%) is where institutions seek value-based entries.
CHoCH ≠ Trend Reversal — it signals momentum loss, not instant bearishness.
Confirmation always comes from structure + demand holding, not prediction.
🔮 Probable Scenarios
Bullish Case:
Holding above ₹2,200 → Base formation → Gradual recovery toward ₹2,630 → ₹2,826–2,888.
Bearish Case:
Day close below ₹2,200 → Demand failure → Deeper corrective phase.
📌 Conclusion
HINDUNILVR is positioned at a critical inflection zone.
Risk is clearly defined, while upside potential remains asymmetric.
This is a wait-for-confirmation accumulation setup, not a chase trade.
⚠ DISCLAIMER
I am not a SEBI-registered analyst.
This analysis is for educational purposes only and should not be considered investment advice.
Always use your own analysis and risk management.
