Price has able to breakout down trend line and shifted the value area in upward channel. At present price is printing at lower value area of the channel. May suitable for long entry for Swing/ short term
Hindustan Unilever has been on an upward channel for a while. It seems to be firmly heading upwards. I feel if it bounces back up from the closest support line then it will keep heading upwards. Let's see if my analysis holds true.