It is again on good support and is reversing from here. You can Initiate Buy in this Stock for short term and long term as per your comfort. Stop loss is below the trendline if 1 hr candle closes below it with good volume otherwise the uptrend is intact in this
one can short till prz or until get reversal for long. and ones find reversal at or just below PRZ one can long as well.
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI...
As you can see HUL is on long term support zone as well as nearing rising trend line. look for a bounce from the support levels of 2210-2220 with stoploss just below the multiple supports on closing basis. CAN GO LONG ABOVE 2255
Looks really attractive for long on EOD Chart. But when you look at the Weekly time-frame it would look like as if its rising from a coffin. The weekly time frame look has been given below. So it would be a really good bet with a suitable Stop loss.
HERE IS HINDUSTAN UNILEVER TRADE SET UP AS PER HARMONIC PATTERN, CURRENTLY HUL BUY NEAR 2209 TO 2158 LEVELS FOR THE TGT OF 2321 AND 2423 WITH STOPLOSS OF 2099, THIS TRADE RISK REWARD RATIO IS 1:4.5
HINDUSTAN UNILEVER - Ascending parallel pattern formation at weekly TF
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Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.