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Ichimokuscholar

CRUDEHello & welcome to this analysis USOIL / CRUDE (MCX) after a very sharp rally till the slanting channel have now retraced to very strong support levels as per the ICHIMOKU indicator in daily time frame. One could look for a 4hrs reversal candle confirmation between $64.50 - 63.75 / INR 5625 - 5450 for a resumption of rally till $77 / INR 6900 with resistance on its path at $68.50 & $74 / INR 5825 & INR 6400 Remember enter only after you get a bullish candle confirmation from lower time frame. All the best
MCX:CRUDEOIL1!Long
by Dinesh_C_Nagpal
1
Hindustan UnileverHello & welcome to this analysis FMCG sector appears to be doing better then other sectors after a very long time with Hindustan Unilever having a large weightage in the sector Strength signal - Since 2008 it has never violated the Quarterly Ichimoku Base line nor the Monthly Ichimoku Cloud. Near these support levels it becomes a very attractive value buy. This time also in 2024 it did the same. After giving a Cup & Handle breakout in the weekly time frame its seen a pullback since October 2024 along with the rest of the market. In the last 3 weeks its gone sideways whereas we have seen other sectors continue to see sharp selling. Once again highlighting that current level is seeing consistent buying support. The pullback appears to have been completed as it bounced back from its rising trend line. A daily falling wedge breakout has also witnessed a pullback now. As long as it now holds the rising trendline at 2350 it has good potential for upside suggesting a decent low risk high reward set up from short to medium term. Upside levels one can look out for above 2400 are at 2700 / 3100 / 3300 / 3600 All the best for your trading and investing My last video on the stock link is shared
NSE:HINDUNILVRLong
by Dinesh_C_Nagpal
1
JUBILANT INGREVIAHello & welcome to this analysis The stock after a strong retracement has gone into a sideways trend mainly due to the sector seeing sharp decline. Currently in a triangle in weekly time frame, a breakout is probable above 515 while further downside should not be ruled out if it breaches 400. Overall fundamentally a strong stock one could keep an eye for breakout and or accumulate with proper risk management in case of failure/exit. Happy investing
NSE:JUBLINGREA
by Dinesh_C_Nagpal
6