Swing Trade with horizon of about 3 months.
Target: Rs. 2200.
Hindustan Unilever has seen about 10 months of consolidation followed by a flag breakout. A close above the downward channel flag could mean a possibility of higher levels to come. The target will be the distance between the base and top of the flag pole (approx. Rs. 200).
Support is seen at Rs. 1920.
Hare Krishna !
The post is to give my personal bias on the stock movement for the coming week.
The stocks have gone through a thorough filtration
The post gives one of the most important needs of a trader ie- the "Direction" .
One can buy or sell based on his or her own strategy/use my method.
For more info on my method you can send me a message.
Hindustan Unilever have given beautiful breakout on weekly chart and is an ideal contender for buy the dips in coming days as i expect it hit a new all time high in coming weeks.
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Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX.
I will update the 2nd entry IF it comes.
R:R is good.
SELL HINDUNILVR FUT BELOW 1807 TGT- 1781 1758 1735 Closing base SL- 1854
How to follow our calls & earn maximum profit from our calls
1. You should always keep the STOP LOSS. In the market only SL will SAVE YOU
2. When Target1 is ACHIEVED, TRAIL your SL to BUY/SELL PRICE.
3. Subsequently when Target2 is ACHIEVED, TRAIL your SL to Target1.
4. Subsequently when...
Please Consult Your Financial Advisor Before Taking Any Decision.
NSE:HINDUNILVR has a 15m supply zone, wait for prices to enter the zone and enter after the next 15m candle opens.
Entry at 1860.55 & SL 1865.65. Two targets are mentioned on the chart and select it as per your RMS.
Note: Always risk 1% of account size per trade, adjust the position size accordingly.