Hindunilvranalysis
Play Bounce in HUL | Looks Good to buy near 2180The stock looks good to buy around 2180 levels for the targets of 2250, 2285, and 2320 with the SL of 2130.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
HINDUNILEVER: TRIANGULAR BREAKOUT Follow up video ideaGo long near the level of 2300 , of buy on dips keeping the stop loss of 2220 as wave-4 cannot enter into the territory of wave-1. The target should be 2350/2390/2450/2480's .
HINDUNILVR - INVERTED HEAD & SHOULDERS PATTERNBUY ABOVE : 2066.5 / 2080
SELL BELOW : 2056 / 2043
Note:
Avoid the stock if a big gap up or gap down is seen
Enter after the breakout happens and not before it
Do not chase the market, i.e., do not get involved in late entries
Only enter with strict stop-loss and target
This is not a recommendation and is for educational purposes only.
always follow risk-reward and quantity management for the 100% of the times
The above mentioned idea may not work, so beware of the risk you are taking
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Happy Trading!!
