HINDUSTAN UNILIVER LTD - BULLISH VIEW - TARGET 2626 - AUG 10HUL looks bullish considering recent breakfast . It will be retested and by 10th August expecting the target to be achieved 2626 which is its fresh supply zone.
RSI reached 60 on my setup of 50 period and trend showing aggressive curve for more buying. Expecting sideways move of slow distribution at higher levels and retest. Then should start is downtrend. It it breaks 2650 then should reach All Time High
Hindustanunilever
Hindustan UnileverThis stock has given good breakout from cup-n-handle chart pattern on hourly and inverted head and shoulder chart pattern on daily, along with good intensity of volume.
As per previous price actions support and resistances areas & depth of cup pattern and also depth of head pattern, all are co-incidentally matching with trend based fib extension target levels up to 2750-2900.
One can go long at current levels or in dips (yes possible)
On the way down 20DMA and RK's stop line can provide good support now, which are pegged near 2278 - 2280 areas.
Inverted head and shoulder chart pattern breakout on daily chart
price action scenario along with Fibonacci extension levels
Breakout with good intensity of Volume
Cup n handle pattern breakout on weekly RSI
cup-n-handle chart pattern breakout on hourly chart
Price support resistance areas and trend based fib extension levels
RSI double breakout on daily chart and now above 60 & 70 levels.
RSI double Breakout on weekly chart and now above 60 levels.
MACD in weekly positive and now above zero line.
MACD in daily chart positive and now above zero line.
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However, If you treat trading like a business, it will pay you like a business.
If you treat like a hobby, hobbies don't pay, they cost you...!
Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
HINDUSTAN UNILEVER - Breakout of Head & Shoulder - Swing TradeThe analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
HINDUSTAN UNILEVER - Long-term Trend Analysis HINDUSTAN UNILEVER - Long-term Trend Analysis
1. It breaks the primary trend 9 months ago...
2. Now for the past 15 months in the long unwinding/Accumulation zone.
3. 2 options 1st If the trend moves upward means it has resistance at 2500 and 2700.
4. Only when it crosses 2700 it will be considered a bullish trend. otherwise, it will be on a bearish trend only.
5. Already it's fallen more than 33% from its all-time high.
6. Do you think will it fall further? Maybe yes based on the global market trend correction.
7. If it falls down what will be the support? 1st support will be at 1900 and 1750.
8. Stock is trading at 10.68 times its book value.
9. If the market crash it might fall to 1900. hope it won't touch the 2020 crash line.
Note:
1. I’m not a SEBI Registered advisor, my research is personal and for educational purposes only.
2. Always check with your financial advisor and take the trade as per your risk/reward ratio.
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HINDUSTAN UNILEVER Chart Analysis !!📈 Hindustan Unilever 📉
My Findings :-
1. Breakout from a Swing High.
2. Close Above March 2022 High.
Bias - Long
Target - 2315, 2417 and 2814
SL - 1943
RR- 1:4
All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and revert back if you need some more study on it.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
Hindustan Unilever long opportunityNSE:HINDUNILVR
Stock -> Hindustan Unilever
TimeFrame -> Weekly
Hello all!
Hindustan Unilever has corrected about 40% from its highs in September 2021. The stock has been in a downtrend since then and has been taking stiff resistance from trendline 1. It approached its strong support band of 1850-2000 and took a strong bounce from there with good volumes and also broke trendline 1. The retest of the trendline has been done and its followed by a bullish candle. This thus makes for a good opportunity to go long.
Apart from the price action, the stock also seems to be taking support from its 200 weekly EMA. Also the bounce has come from the 50% fib level which further strengthens the conviction on going long.
Hindustan Unilever view for next week 02/05/22.Hindustan Unilever has formed a nice bullish candle on weekly and monthly time frame.
The stock has closed below its 20 ema on monthly time frame and above 20 ema on weekly time frame.
On daily time frame, the stock has taken resistance from its 200 ema and has formed a spinning top kind of candle. There is a bullish divergence on RSI indicator on weekly time frame.
Support :- 2214, 2110
Resistance :- 2300, 2420
Wait for a close above its 200 ema on daily time frame and watch for a price action near the levels.
HUL : HINDUSTAN UNILEVER LOOKS GOOD ??Hello !!
Good Morning !! Welcome to the quick update for HUL. Hindustan Unilever Limited is a consumer goods company that specializes in daily-use items. It looks good both technically and fundamentally as of now. It was under a falling wedge for a long time. As of now, it has finally broken its long-time resistance of Rs 2210 and is currently trading around Rs 2255. The Rs 2210 will now act as strong support as it was the major resistance for a long time which has now turned into major support.
One can consider adding this to your bag for long-term holding. The expected entry should be around Rs 2215 to Rs 2260. Don't add all at once, add some now and add it when the price touches around Rs 2215 to Rs 2225.
The expected target can be around Rs 2433 to Rs 2727 and this looks good for the long term.
This is not financial advice, please do your own research before investing and we are not responsible for any of your losses or profits.
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Short Market Report 28.04.22CHART green candle in both indices; nifty closing above 200 EMA
OC 17000-17300; 36000-37000
PCR bullish
FII 743
DII 780
FnO Data long build up
RSI 49, 48
ADX 15, 15
Conviction bearish
Bias bullish
Int. Markets green
OUTLOOK usually a gap down opening happens after such moves but int. markets are in green
TRADE NIFTY: long above 17320, short below 17220; BANKNIFTY: long above 36500; short below 36300
LONG COROMANDEL, JK CEMENT, HUL, PERSISTENT
SHORT LALPATH, BALKRISHNA, LAURUS
Hindustan Unilever20/4 educational purpose only
Hindustan unilever
cmp 2116.95
sl above 2167 (pivot/15m on 19/4)
sell on rise at around 2150 (vwap/15m at 2157.35 on 19/4)
s1 2149.75 / s2 2120.30 / s3 2103.05 / s4 2085.80
Technical Indicators: Sell
Sentiments(Average): Buy 31 % Sell 69 %
Maximum Call @2400 (Resistance)
Maximum Put @2000 (Support)
PCR is -0.21 which is bearish
always wait for the right levels to enter trades
HUL HUL Formed Double Bottom in multi year support
Levels clearly marked in chart.Bullish Mode Lossing let play based on level
Disclaimer/ disclosure
I am Does not provide any tips/recommendations
All updates/posts/discussions are only for education and learning purpose.
Do Consult your financial advisor before taking trades or investment decisions
Hinduniliver seems bottoming, relief rally may start soon!HUL is falling from the levels of 2800 almost non stop. The stock has given up close to 30% of its entire value, which is significant for such a quality large cap. It seems the correction may be coming to an end, and the stock should see at least a relief rally in the coming weeks. As long as 1850-1900 kind of levels are intact, it should gradually move towards 2300. This is a positional call and should be traded only in cash with proper position sizing and risk management. Once a reversal is confirmed and the stock picks momentum one can look to use derivative instruments to cash out some leveraged gains. If it starts trading below 1800 we may consider an exit.
HINDUSTAN UNILEVER#INTERESTINGFACTS
#hindustanunilever
At current market price 2091. HUL is an attractive buy. 200 weekly exponential average is around 2040 levels. This 200 weekly exponential average has never been tested in last 11.5 years.
Furthermore, the lows of May 2020, when the blocks happened in HUL, the lows were around 1900 which could give it another good base formation.
Fundamentals and growth key drivers for this blue chip are intact.
So what are you waiting for?
HINDUNILVR- Swing Trade#HINDUNILVR
Buy-Above 2300
Sl-2200
T-2450 2670
Stock has made a double bottom at 2200. So kept 200 as sl as below this stock may side to lower levels. 1st target will be the neckline itself near 2400-2450. Then Above 2450 we will get a move till 2670-2700. Safe traders can enter above 2330.