HINDUNILVR
HINDUSTAN UNILEVER FALLING DOWNSIDE FOR SHORT TERMHINDUSTAN UNILEVER, As trading in the channel range and going down with break of the support.
Everything mentioned in the chart.
HINDUSTAN UNILEVER
EXPECTING DOWNSIDE BREAKOUT
SUPPORT IS PLACED @2150
CMP @2151
DOWNSIDE VIEW --2055-2020
UPSIDE STOP OR RESISTANCE @2190
5-7 TRADING DAYS EXPECTED
{MY ALL VIEWS ARE ONLY FOR EDUCATIONAL PURPOSE.}
HINDUNILVR LONGI hope you can now see how HINDUNILVR represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these products are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
HINDUNILVR - A PERFECT PATTERN TO TRADE ONTHE DESCENDING TRIANGLE WITH NR7 IS A NICE MIX TO TRADE ON. SO KEEP AN EYE ON THE HINDUNILVR FOR THE COMING DAYS.
Beware : Please keep in mind and stay away from False Breakout Traps.
Also this is not any recommendation, it is only for educational purpose.
Trade at your own risk.
Thank you
Have a Nice day!!
HINDUSTAN UNILEVER LONGThis is a long term idea for HINDUNILVR. The overall trend for the stock is bullish, hence going long. (Always stay in the direction of the general trend)
The price has been making higher highs and higher lows. Currently it is stuck in a tight consolidation range. I am expecting the price to break above 2280 (high of the current range). Once the range is broken, it will re-test the high point and then continue upward.
Enter the trade after the price has broken 2280 and re-tested it. The stop loss will be @ 2150 (below the low point of the current range).