HINDUNILVR
HINDUSTAN UNILEVER Chart Analysis !!📈 Hindustan Unilever 📉
My Findings :-
1. Breakout from a Swing High.
2. Close Above March 2022 High.
Bias - Long
Target - 2315, 2417 and 2814
SL - 1943
RR- 1:4
All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and revert back if you need some more study on it.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
HUL 200 day ema BO retestNSE:HINDUNILVR
HUL BO & Retest pattern above 200 day EMA (blue).
currently trading above all major moving avgs..
If closes above 200 ema today then can initiate buy positions for longer term.
Very less risk takers can keep SL below last candle which is around 2250..
Positional Traders keep SL below 50 ema (orange) now. and later can trail with 200 ema breakdown method.
Positional target 2500 and 2700..
**Educational Purpose
HUL HUL Formed Double Bottom in multi year support
Levels clearly marked in chart.Bullish Mode Lossing let play based on level
Disclaimer/ disclosure
I am Does not provide any tips/recommendations
All updates/posts/discussions are only for education and learning purpose.
Do Consult your financial advisor before taking trades or investment decisions
HINDUSTANUNILIVER HAS GIVEN NO RETURN IN LAST 2.5 YRIt is surprising to see that in a volatile period like past 2.5 years where things changing like crazy . every analyst thinking to protect there portfolio by going into so called defensive sector the FMCG sector.
My advise is that when you come to market do not just believe that this is safe ,this is risky because it just tend be like that.
HINDUSTAN UNILVER - AVAILABLE @ PRE-COVID LEVEL The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
Target 1 achieved in HINDUNILVR. Gain of 9%. Target 2 is ON...This is follow-up on Hindustan Unilever.
Target 1 achieved. Gain of more than 9%. Target 2 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
HINDUSTAN UNILEVER#INTERESTINGFACTS
#hindustanunilever
At current market price 2091. HUL is an attractive buy. 200 weekly exponential average is around 2040 levels. This 200 weekly exponential average has never been tested in last 11.5 years.
Furthermore, the lows of May 2020, when the blocks happened in HUL, the lows were around 1900 which could give it another good base formation.
Fundamentals and growth key drivers for this blue chip are intact.
So what are you waiting for?
HINDUNILVR- Swing Trade#HINDUNILVR
Buy-Above 2300
Sl-2200
T-2450 2670
Stock has made a double bottom at 2200. So kept 200 as sl as below this stock may side to lower levels. 1st target will be the neckline itself near 2400-2450. Then Above 2450 we will get a move till 2670-2700. Safe traders can enter above 2330.
Hindustan Unilever Ltd - 11.02.2022Hindustan Unilever Ltd - 11.02.2022
The stock is trading @ 2258 levels
There is a STRONG SUPPORT @ 2250
The prices are below EMA
There is a SPINNING TOP in Weekly Chart
RSI is 40 in Weekly Chart
Let the prices go above 2281, one can initiate a BUY position with Support @ 2222
Watch out for the price action
HINDUNILVR at ideal buying spotHINDUNILVR has bounced off its long-term trendline support. The line has been respected for over three years, including the Mar'2020 fall. Looks like the stock is in an ideal buying zone. Target can be kept at 2525/2800, closing below 2250 can be a safe stop loss for the stock.
HINDUNILVR Long PositionalHINDUNILVR is trading in Ascending Triangle Pattern giving bullish bias for upcoming days. Pattern will be completed once the price crosses 2420. Break above the resistance line(2420) is our entry trigger with an SL below 2395. The Risk Reward in this trade is high as we are targeting 2500. Setup will be invalidated if the pattern break below the supporting trendline.