Hindunilvr looking good to buy on the Weekly chart, CMP is 2737. SL will be 2240 & Target will be 2500.
Currently Tracking- Note - For educational purpose only. I do not provide paid calls or stock tips. Use it, if it's Insightful. Ignore otherwise. #HINDUNILVR
HUL seems to be in consolidation. It is also forming Cup and Handle... Good stock for investment.
1. Price action 2. multiple time frame analysis ( 30 min ) 3. Falling wedge pattern show ( 2 days for break out )
1. Price action 2. Support and Resistance important levels 3 Trend analysis
1. Price action 2. Center line follow strong support and resistance 3. Good trade Buy / Sell if brake it direction .
Price just got rejected from the top and expected to reach the trend line running from deep ( as shown in the figure). Before the break price made a ascending triangle pattern in the lower time frame of 1hr.
Both higher and lower time frame giving the same result - Ascending triangle pattern. Big time for investors
Price forming triangle pattern and it is close to the breakout. One can wait for the breakout and enter the trade accordingly.
Disc: This is not a trading recommendation. Please do your own research or consult your financial advisor. Charts are for educational purposes only.
This is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow it if you want to get further updates. Our objective to help anyone who wants to learn...
At trendline Support At Retracement Level Least effected sector from Covid-19 Bull Move Expected from current levels
HINDUNILVR has given a resistance breakout in 1D timeframe. Can be a positional trade. Buy when price crosses the high of breakout candle and the target for this trade will be 2600.
buy HINDUNILVR above 2483 keep Sl 2475 can buy for swing as well but than keep sl according to your risk appetite. Ignore in intraday if opens gapup above 2483.