EXPLANATION : This is a 2 hour time frame chart of HINDUNILVR . It has been in consolidate for days , If give a any side of breakout I'm expecting big move in HINDUNILVR . Down side levels marked in chart , for Up side levels use Fib Retracement . If you like this analysis of Stock give a Like // Follow for more updates , let me know in comments below :)
HINDUNILVR was in ascending triangle pattern since April 2020 and today it has given a breakout of the range with very heavy volumes. Very good stock with strong fundamentals and has always been in uptrend. FMCG sector is the best defensive sector that one can buy when market is in correction. One can easily expect 5-10% returns in short term as the closing is...
∘ Best setup in Hindustan Unilever ∘ Ascending Triangle Pattern ∘ Taking multiple time Rejection on Resistance level
#72 (GENIE IDEAS): I will daily post intraday/swing/positional trading opportunities so u can analyse and get the most from it. if you like my analysis do like and follow me as a token of appreciation.and if you have any queries let me know.I HAVE LINKED MY PREVIOUS POSTS ON HUL BELOW . Leave a comment that is helpful or encouraging. Let's master the markets together .
Tested crucial level. Will take a good move from here. Take trade as per the values given in Fibonacci. always trail the stop loss. do your own analysis before taking trade Check these Upcoming ideas - STILL ACTIVE Check these successful trades & approach on HUL , BAJAJ FINSV , DABUR , TATACHEM , VOLTAS, BAJAJ AUTO , WIPRO , DR REDDY , CUMMINS , HDFC , M&M ...
Unilever will touch 2432 and one can short after reversal in 15mins
Bullish on weekly time frame. Risk: Reward is promising
The 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
Buy HUL with SL of 2350 for tgt of 2500/2550/2580
Go 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 .