BUY ABOVE 2235
TARGET: 2250, 2265, 2275
Another Risk level entry, above 2220 with SL 2205
SELL BELOW 2175
TARGET: 2160, 2145, 2130
if it sustain above 2280 then further upmove possible
Posting for Educational purpose only
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Nifty FMCG index is clearly showing signs of reversal.
Unable to cross Aug 18 highs till now, clearly HUL, Britannia, Nestle and Dabur all are showing neutral to bearish signs on charts except ITC which is clearly performing inversely to HUL.
Too much money has chased growths in the safest sector and now might be the time to book profits at almost highs and move...
Hindustan Unilever Ltd comes in Rader with all wrong news, but this stocks delivered good volumes and delivery recent days. i am on bullish side with long term target 2300 & 2400 respectively with final target 2600 ! one can start picking up this stock at 2140 levels.
Cup & Handle pattern forming on Daily Chart of Hindustan Unilever. BUY 2112, SL 2050, Target - 2280
Note: Risky trade enter closing bases.
* I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
HINDUSTAN UNILEVER is making descending triangle in 30 min time frame.
The descending triangle is a bearish formation.
It is usually forms during a downtrend as a continuation pattern.
There are instances when descending triangles form as reversal patterns at the end of an uptrend, but they are typically continuation patterns.
Most traders look to initiate...
Key Levels for HUL :
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
Recently I shared an analysis on HUL and suggested to go for SHORT. This was against all others' recommendations and price trend as price has already crashed by almost 17% from its peak. But many of you supported & liked the idea, so BIG thanks for all of...
After posting a decent correction and consolidation HUL is taking support and showing strength.
Momentum Indicators and option chain data are confirming uptrend.
Consider buying with a stop loss of 1917, for a target of 1986 - 2014 - 2032.
Traders can consider a strategy i.e. buying a 1940 call near 52 and selling a 2020 call near 18 Rs. Mximimum risk will be...