HINDUNILVR
HINDUNILVR - BREAKOUT AND RETESTTHE STOCK ALREAEDY BROKE OUT AND NO IS RETESTING THE TRIANGLE.
Note:
Avoid the stock if a big gap up or gap down is seen
Enter after the breakout happens and not before it
Do not chase the market, i.e., do not get involved in late entries
Only enter with strict stop-loss and target
This is not a recommendation and is for educational purposes only.
always follow risk-reward and quantity management for the 100% of the times
The above mentioned idea may not work, so beware of the risk you are taking
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HUL might breakouut on weekly charts from Symmetric triangleHUL is showing signs of a breakout from a symmetrical triangle.
I am also indicating the ideal breakout range.
Keep on radar.
NSE:HINDUNILVR
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HINDUNILVR LOOK OUT FOR THESE LEVELS!!! ALL THE LEVELS ARE MARKED ON CHART, RED ZONES DENOTES SUPPLY ZONES AND GREEN IS FOR DEMAND ZONE .
The indicator used:
1) Daily Lines plots Daily 20 & 50 EMA on lower time frame charts
2) TE-REKAB
- PB : PULLBACK
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The analysis is my POV, hope you got bucks in your pocket to consult a financial advisor before investing :P :)
HAPPY TRADING!!
HINDUNILVR LOOK OUT FOR THESE LEVELS!!! - UPDATEDALL THE LEVELS ARE MARKED ON CHART, RED ZONES DENOTES SUPPLY ZONES AND GREEN IS FOR DEMAND ZONE.
BUT THERE HAS BEEN ALOT OF BUYING AROUND 2140-2150 LEVELS; IT CAN ACT AS A MAJOR SUPPORT AND WILL REQUIRE DECENT VOLUME TO BREAK THE LEVEL.
2200 WILL ACT AS A GOOD RESISTANCE AND NEEDS TO BE BROKEN BY VOLUME .
The indicator used:
1) Daily Lines plots Daily 20 & 50 EMA on lower time frame charts
If you like the analysis, do leave a like and follow for more such content coming up.
The analysis is my POV, hope you got bucks in your pocket to consult a financial advisor before investing :P :)
HAPPY TRADING!!
Which is the best time to Buy HUL?HUL is a good quality stock with some good fundamental results.
Although the stock breaked it's 1.018% fib level which is the highest fib level,
There are also 3 resistances that the stock needs to break for a confirm buying.
Risk lovers would like to enter at CMP as the stock breaked it's highest fib level.
There are also risk takers but they need some confirmation of the uptrend so
they will buy when the stock breaks it's first resistance
normal traders would like to buy when the stock breaks it's 2nd resistance.
safe buyers would enter when the stock breaks all the resistance for confirmation of the uptrend.
Guys if you like then I will get to know what you think.please like and comment guys.
Hindunilvr has broken a long term trendlineThe analysis is given on the chart
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I am not a SEBI registered investment advisor and hence do not follow my analysis blindly.
Be aware of what you are trading and the risk associated with it.
Stock market is risky and you can lose a lot of your capital.
Be wise and trade carefully!
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#Oct13 - HINDUNILVR (intraday)The stock had been trapped in a channel for a long time. Last day, it broke out of the pattern, so now we can see trend confirmation. The bearish trend will be confirmed if the latest low of 2125 is broken. This is an intraday pick. Also note that trend reversal can happen.
Buy above 2151.75
Sell below 2125
Note:
Avoid the stock if a big gap up or gap down is seen
Enter after the breakout happens and not before it
Do not chase the market, i.e., do not get involved in late entries
Only enter with strict stop-loss and target
This is not a recommendation and is for educational purposes only.
always follow risk-reward and quantity management for the 100% of the times
The above mentioned idea may not work, so beware of the risk you are taking
Follow me on tradingview to get such intraday and swing picks everyday.
Happy Trading!!