Today HUL completed my Target on downside of 1735. I was short from Thursday Morning (14th Feb) in HUL via 1780 PUT bought @ 19. It made high of 48 Today.
Basis of that trade was - Inverse Cup and Handle pattern on hourly chart. Neckline was 1790 and target was 1735. Same completed today.
You can refer to that trade on the telegram channel (link -...
HindUNILvr appears to have completed an Impulse and a three wave correction.
It is now likely heading to 1280 levels. This is a long term Multiweek Projection.
It is very unikely we will see any upside on HINDUNILVR in the next few days and weeks
During the recent correction, NSE:HINDUNILVR has retraced to 61.8% Fibonacci on a weekly timeframe, forming a long wick, suggesting somewhat strong reversal from that zone.
With strong Q2, the stock might test 1680 levels.