✅ 2417-2477 Weekly Multiple Time test Level and now price come to this level.
✅ Price try to make Double Bottom on Daily & 4 hr.ly TF you can look for long trade.
✅ But you can look 2527-2537 level for Intraday for Short Trade and you can go for Long on Double Bottom Neck line Retest Entry.
Looking at the charts on various time frames - few stocks with Possible upside Harmonic patterns are shared for study purpose:
NSE:LAURUSLABS
NSE:HINDUNILVR
NSE:ASHOKLEY
NSE:COLPAL
Hindustan Unilever is near support zone on daily chart .
Entry
We can go long after close of strong bullish candle near support zone .
Target
The Target will be the next resistance zone as marked on chart.
Stoploss
We can keep stoploss below the support zone .
Please like and follow me.
as we can see price was continuesly take support on trend line now the price making a triangle pattern and if it breaks the triangle from top it will be an opportunity go for long .... NSE:HINDUNILVR
Chart depicts the situation...
Strong DOJI candle on 9th december(day candle) with volume at perfect resistance level shows some sort of lag in bulls approach, which may leave space for bears to get back to go through a down swing move inside the triangular primary channel.(clearly seen in weekly time frame)
Now, coming to 2hr time frame,
1. Head and...
NSE:HINDUNILVR
Good to keep on the radar
Always respect SL & position sizing
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Trade Secrets By Pratik
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Disclaimer
SEBI UNREGISTERED
This is our personal view and this analysis
is only for educational purposes
Please consult your advisor before
investing or trading
You are solely responsible for any decisions
you...
Also this recommendation/presentation and all future ones are & will be only for learning purpose.
Please consult your financial advisor before investing.
Thank you.
looking to enter nov 2500 pe around 50
keeping stop and target open for now
more fall expected in closing below 2510-2490
lets c what happens
disclaimer - trade @ own risk
Hindustan Unilever has lost 5% in only 2 trading session, taking stock around 2500 figure.
The stock on the daily time frame has broken the 20 DMA and closed just near the support level of 2500.
The support has been tested 4 times and if the support line is broken the stock can plummet to 2450 levels.
Even on the weekly chart analysis, the stock is trading...
Hindustan Unilever approaching towards resistance zone 2660 - 2700 and RR looks good to take short position.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Disclaimer:
I am not SEBI registered person and this is not an investment advice and also please note this is only for education purpose. Also note we can use this research in my own portfolios. So don't influence yourself by this research. Please note before investing according to this educational research, please do own research and also do take advice from your...
Current Trend:
1) Top of parallel channel
2) Triple Top
3) Resistance Zone
4) 0.854 level of Fib
Oi too conforms Max call option writes at 2700 and max pain @2700
Target:2530
As per Oi and technical analysis , one can sold call option above 2720
