Hindustan Unilever Ltd - 11.02.2022Hindustan Unilever Ltd - 11.02.2022
The stock is trading @ 2258 levels
There is a STRONG SUPPORT @ 2250
The prices are below EMA
There is a SPINNING TOP in Weekly Chart
RSI is 40 in Weekly Chart
Let the prices go above 2281, one can initiate a BUY position with Support @ 2222
Watch out for the price action
HINDUNILVR-TIPS
Footmark of HINDUNILVR with (Speculative, Waves, Channel etc)...
Buying in pull-back 2001 nearby.
Put the alert in your trade-terminal.
Expected more than 200 points move in next.
------------------------WEEKLY--------------------------------
Last week has reversal pin-bar and next week expected move 222 point
from 7-Days AT from the closing.
The price follows to lower bound & upper bound of Parallel Channel.
Bullish sign!
------------------------DAILY--------------------------------
Start looking from left to right , Impulsive & Corrective Waves .
Impulse legs in 1 to 5 and Correct legs has A,B and C waves. Presently, we are going up wave.