- Trend is Still Bullish as RSI not yet oversold
- RSI hit overbought few days back and currently stock undergoing a pullback
- Price around 65 Day EMA & close to VWAP. Let it get above VWAP & 65 EMA to initiate a Long
- Accumulation can be observed on the 5 min charts and the last few candles in the 30 min chart as shown above
- Bears will be in control only if...
When the entire market was crumbling HUL was busy making new all-time high. There has been some pressure lately but looks more like an accumulation. Wait for the price to get back inside the channel before making fresh longs. The spikes outside the channel have not been sustaining for some time now, so keep your trades in check near the channel boundaries.
HINDUNILVR is trading at daily support zone and respecting the trend line on daily and hourly TF.
see Horizontal support line and trend line.
Break below 1960 can pull the stock below 1880.
HUL is weak on RSI indicator. and AO indicator also says it will go down. HUL will go down till 1936 and if it breaks that is may go down till 1753-1775 otherwise it will return from 1936-1945 levels.. buy near 1945-1950..
Key Levels for HUL :
UPPER BREAKOUT~2016.30
FIRST TARGET~2028.20
INTERIM RESISTANCE~2043.70
FINAL RESISTANCE~2062.35
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LOWER BREAKOUT~1988.80
FIRST TARGET~1966.30
INTERIM SUPPORT~1941.25
FINAL SUPPORT~1923.75
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
I am seeing Hindunilvr coming down to 1995 and the bouncing altough it can break that too and i think as moving averages show bearish trend and also william % show that it is over bought zone and the price is facing a resistence all of these make this a good sell opportunity but it is also subject to monday market conditions too
suggest me more stocks that i...
Hindustan Unilever Weekly Chart with EMA 55, yesterday's rebounds from EMA 55, need to see the action next week, to know if the rebound sustains.
Disclaimer: This is not a trading recommendation. I am not a SEBI registered Advisor. Investments are subject to market risks and you may consult your personal investment advisor prior to making investments.
Hello Friends,
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 you.
If you go through comment section of my HUL analysis, there are FEW GUYS WHO WERE...
Stricty Go short if nifty supports....
SL - 2214
Disclaimer:
Be advised that investments may go up as well as down for any reason, and past performance of a stock is no guarantee of future performance.
All investors are advised to conduct their own independent research before making an investment decision. Investors should consider the source and suitability of...
Adding this FMCG giant in portfolio, Good to add till 2000.
By Dec 2020 my target would be 2700-2800 which is almost 25-28%
Would exit if any close below 1800 on weekly basis.
![HINDUNILVR: [HUL] >5% return in 2 days...and continue..aslo a humble APPEAL](https://s3.tradingview.com/w/WLdDctKF_mid.png "[HUL] >5% return in 2 days...and continue..aslo a humble APPEAL")
