HINDUSTAN UNILEVER 1DAY TIME FRAME ANALYSIS - Growing in a Rising Channel Since 2017 -Strong Support at 2300 & 2100 Levels -Major Resistance at 2500, if it breaks, can push it to 2700 - Possible Double Bottom Formation if completes can push it to 2250 - 2100 POSSIBLE SCANERIO: 1. It will take support from the current level and continue its journey towards 2500...
Price climbing up the channel unstoppable from 2018 despite Covid-19 the move was almost resulting 90% profits. Now price reached the previous high, trade carefully.
Hindunilvr Breakout from channel pattern in Daily chart with supporting volume. Entry upon a retest of the breakout area would be a good RR setup for swing traders. Plan your risk first.
May see a massive uptrend if the price closes above Rs 2615 on the daily timeframe.
Hello People! HUL has been taking consistent supports from the bottom trendline since 2018. Thus there is a high probability it would act the same way here as well. But I jumped in a bit earlier and I have solid reasons for that. The first being that HUL has shown a massive bullish candle right at support. So chances of a trend reversal seem high. The second...
∘ Best setup in Hindustan Unilever ∘ Ascending Triangle Pattern ∘ Taking multiple time Rejection on Resistance level
almost 6 months cnsolidation. waited 6 months to touching green support line. but not touched (indicates strong uptrend) NSE:HINDUNILVR #the_pravin #simplepriceaction #notoindicator #nakedchart #swingtrading
ITC the heavy weight and is underperforming and now after taking support n times at 200/205 base zones and now above 208 resistance , it is trying to give signs of upmove greater than equal to 230++ and as results are done , chances are higher that ove shall suatin and stock shall participate in index upmove or atleast support the index going forward
Buy as soon as the price hits the Downward Support! ENJOY! Do give a like..
formation of bottom at support zone initiated long with days low as sl on closing basis with hedge of 2360PE max loss caped at 15k per lot. will watch
In recent times, took support multiple times at 2320-2330 levels. Likely it will bounce back from here, should see 2500 level soon.
NSE:HINDUNILVR is showing reversal from it's 2450 levels but this could be false reversal as RSI is still showing weakness.
Summary ► DTF is in area with "Bearish Hammer", which infers "sellers being dominant" bias". ► Pivot analysis infers TRENDING DAY bias and ADR is below 0.50 which suggests high probability of TREND DAY. ► CPR has "narrow range LV" relationship, which suggests breakout tomorrow. ► Support levels 2332/2319 ► Resistance levels...
NSE:HINDUNILVR is showing signs of weakness and can show 2300 levels.
Demand zone trade setup Entry 2430 SL 2400 Target 2490 As of now selling trade is executed, entry taken at 2508 and target will be 2435.
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