At support. Positional Buy (45 days). Levels in chart.
Go long as per the trendline on Hindustan Unliver in the short to medium term.
HINDUSTAN UNILEVER DAILY, took support at 100 sma for 2 times finally broke yesterday. It took support at 200 sma for 2 times now again sitting at 200 sma with big red candle. Sign for bearishness.
NSE:HINDUNILVR Keep watching, if breaks support level then 40-50 points down move is expected.
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NSE:HINDUNILVR is in the Zigzag of MINOR Degree. . .
As on 18/09/18, HLL has made INVERSE HEAD & SHOULDER CHART PATTERN in 4 hourly and 3 hourly time frames. Resistance Level: 1669.70 Support Level : 1657.64 Buy HLL for targets 1682.50/1702.20/1731.40 with stoploss 1644.75
NSE:HINDUNILVR After breaking trendline it fall to next trendline and closed at support zone. Closely track it there are chances of reversal from here.
NSE:HINDUNILVR New highs can be seen if it starts trading above today's high