Hindustan Unilever SwingWeekly and Daily TF looks bullish and structure has shifted and it is ready for impulsive move. 4HR has also shifted
HINDUNILVR trade ideas
HUL BULLISH BREAKOUTBUY HINDUNILVER FUT 2560-2590 FOR 2630/2660. Bullish engulfing with golden crossover happening. Target till trendline merging. invalid below 2520 on closing basis
long with small stop lossthis is big player price point.
Delivery Position (31-MAR-2023 EOD)
75.95% of Deliverable Quantity to Traded Quantity
price is above 20,50,100,200 ema.
Break out with 200 EMA crossed best condition to buyBuy now. As breakout and 200 EMA at the same position.
HULHUL made harmonice (butterfly) pattern on an hourly chart with good volumes.
Could be bought with mentioned stoploss & target.
HUL BREAKING 200EMAHUL breaking 200ema entering in uptrend
target can be 2650
keep ur SL as ur risk
educational idea only
Hindustan Unilever Hi friends, as you can see today i have the technical chart of Hindustan Unilever . Friends as you can see here it is making a Double To chart pattern which means it can go down. if you find it helpful then pls do like and follow us
HINDUNILVR✅ 2417-2477 Weekly Multiple Time test Level and now price come to this level.
✅ Price try to make Double Bottom on Daily & 4 hr.ly TF you can look for long trade.
✅ But you can look 2527-2537 level for Intraday for Short Trade and you can go for Long on Double Bottom Neck line Retest Entry.
HUL looking weakrsi and rs are getting weak on daily.
first tgt 2450
bears can drag it quick to next tgt of 2355.
HUL - Will blast within 1-3 monthsInvolved in FMCG business activities.Total operating revenue is Rs.51K Cr.Promoters have more than 60% stake.Almost debt free company. Dividend payout is also good. Any move above 2750 will benefit
[Diary] HUL Price Action OverviewOut of Last 3 trades, 2 hit profit 1 hit with loss. So keep stoploss!
Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
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I use shorthands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems.
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I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
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Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
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HINDUNILVR 1DTrend - Bearish
Pattern - Parallel Channel / S&R
Retest - Unknown
Candle - Bearish
200 EMA - 2527 slight up
TF - D
Wish you Happy & safe Trading.
Trade as per your own RISK
Please Note:
I am not SEBI registered analyst.
My studies are for educational purpose only.
Please consult your financial advisor before Trading or Investing.
I'm not responsible for any kinds of your Profits & Losses.
Hindustan Unilever Swing TradeHindustan Unilever is near support zone on daily chart .
Entry
We can go long after close of strong bullish candle near support zone .
Target
The Target will be the next resistance zone as marked on chart.
Stoploss
We can keep stoploss below the support zone .
Please like and follow me.
EDDUCATINALONLY EDUCATIONAL NOT IN RECOMMENDATION SO TAKE A DECISION IN YOUR RISK AND FINANCIAL ADVISER .
This is the only way many investors will really understand the risks of a given investment. If the print warning does not meet your criteria, seek personal advice
Hindustan Unilever 1D Time Frame Analysis Current trend:
1)current it in bottom of lower high formation forming the triple bottom .....so high possibility for reversal is possible.
2) No pattern confirmation yet.
support: 2527 followed by 2445
Resistance: level to be watch out for 2650
From this level there are two possibility
1) It can took a support from 0.236 level of Fib and again goes back to uptrend trend parallel channel
2) it can move future down to level of o.386 level of fib and can form the double bottom and can reverse from that
Indicator:
1) RSI: compare to jan4 RSI is little bit higher than that
2) MACD: Still in bearish. Currently no signal for bullishness
intradayboth side potential
avoid first 15min breakout
wait for 15 min candle closing
targets are marked
if the breakout comes after 10:00 am then the probability of winning will be more.
follow risk management
do your own analysis
do workout
do meditation
start reading books
learnforhulThe information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed
today hul stop daily candle closed under trade line so short time down sight.
Buy Hindustan UnileverIf share price is closing above 2600, buy hindunilvr. the share price can go upto 2670 with SL at 2560
HINDUNILVR next weekas we can see price was continuesly take support on trend line now the price making a triangle pattern and if it breaks the triangle from top it will be an opportunity go for long .... NSE:HINDUNILVR
intradayconsolidating in a range
both side potential
if the breakout comes after 10:00 am then the probability of winning will be more.
follow risk management
do your own analysis
do workout
do meditation
do book reading
