All levels mentioned in the chart. Keep an eye on the overall market trend and make a move.
Ideally the said targets should be achieved before 8th of June.
:-) Happy trading.
Hindustan Unilever has been on an upward channel for a while. It seems to be firmly heading upwards. I feel if it bounces back up from the closest support line then it will keep heading upwards. Let's see if my analysis holds true.
HINDUNILVR is making a cup and handle,retesting the previous lifetime highs made just a few days ago. Awaiting a breakout/reversal on account of results.
HINDUNILEVER is in its lifetime high levels. Restesting it a few times already on the neckline.
Completing the cup and handle beautifully. Tomorrow being the result, awaiting the breakout or reversal from the high levels.
Stock is in a nice uptrend and the structure is suggesting potential for upside.
Hold as long as it holds the uptrend line.
Hit like if this information is useful.
Trade Safe
Regards
Bravetotrade
The stock has formed a clear W pattern so need not much explanation. One can go long and by providing suitable Stop Loss for the complete fill of valley.
