HINDUNILVR trade ideas
Swing trade , 1D , Hindustan UnileverHindustan Unilever is forming a double bottom pattern . Double bottom pattern is bullish pattern , if the neckline get break good target is achievable with good risk to reward ratio
HINDUSTAN UNILEVER #HINDUNILVR LONG #FMCGShowing strength now after entering the Demand Zone 2nd time. After retesting the demand zone and creating a minor new low and thereby scaring out the weaker hands looks good to me. Good buy at CMP 2421 with stop loss of 2350, TP1 2540, TP2 2620
HIGH PROBABILTY SETUP USING MULTIPLE CONCEPTS(HINDUSTANUNILEVER)When we start trading stocks in the beginning we all run around indicators thinking that it is the holy grail of trading and after that losing hell tons of money and 90% of people who lose their 90% of trading capital in 90days leave the markets and say it's gambling but the rest 10% stay and staring learning about markets But unfortunately almost 99% information out there is wrong so rest 9% also stay in markets but they make profit sometimes then losses sometimes and just stay around the market or quit it after some time. Only the remaining rest 1% with correct knowledge master the markets and actually make profits from the market and sometimes make a living out of it.
So from this, we can conclude that trading is not easy money. It requires a lot of hard work and dedication and most importantly the right knowledge.
So It's very important to learn the right concepts that actually work that are PRICE ACTION, MARKET STRUCTURE, AND SMART MONEY TRADING CONCEPTS.
So here's a Trade Analysis of Hindustan Unilever which is based on the above concepts and the smart money concept used here is known as ORIGIN also known as OB or Order Block Trading.
A lot of things can be understood by looking at the charts.
Hope you enjoy and learn something new from it👍
I will bring more trade ideas related to all the above-mentioned concepts
SO HELP AND SUPPORT LIKE SHARE AND FOLLOW FOR MORE SUCH CONTENT.
- Pranesh Sahoo
Hindustan Unilever- Very Low Risk Swing TradeOn weekly chart, Hindustan Unilever is respecting a price channel from almost 2016.
Now trading @ price CMP 2404 at bottom of channel near support line. Just wait for confirmation of reversal of trade.
Entry can be above 2450
SL will be 2307 (Day closing Basis)
Target 1-2800
Target 2 - 2840-50
Risk Reward is also Good >2.5
Goodluck with trading
Hindunilvr trend analysisRange bond from last 15 day, chances are high for breakout. Stock will trending last 2 weeks.
Price got support from demand zone so good to buy for 1st safe target 2620
Hindustan UnileverA very good uptrend is followed by price .it follow 200 SMA
When every price come below 200 it get rejected
Again we had good opportunity for swing trade on daily time frame
ENTRY go long if price cross 200 and stay above it for some day
Target one swing
SL below 200ma
Best of luck
Hindustan unilever - Go Long for 2500 with Day Chart & RSIHindustan Uniliver - Go Long for 2500 with Day Chart & RSI
Ready to go long with HINDUNILVRThis stock is available at a very discounted rate and running in widening channel. Once it starts shooting it will surely hit its previous high which is 2850. We can take a long entry @ 2400 with a stop loss of 2300.
It would be good risk reward 1:4. (100 Points SL with a target of 400 points)
Thank you
[SWING TRADE] BUY HINDUSTAN UNILIVERHindustan Unilever taken support and looking a good buy at CMP 2405 for the upper marked Target on Chart until 2460 is intact on downside.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
HUL for the days to comeThe possibility of reaching 2339 is open now. We may move up to close the gap and if we are not closing above 2449 then we may come down to 2339. But breaching 2319 and trading below is a down story.
Long HUL - At Long Term Support -HUL near its long term Support
-Green candle appearing at support
- RSI shows oversold
-- Good time to accumulate the stock
-- Fundamentally strong
hul-buy on dipsbuy from cmp to 2360
easy tg - 2460
positional tg - 2600
Disclaimer : This is my personal analysis for study purpose not intended for trading
HUL-CHANNEL SUPPORTHUL is at important channel support.
The white line is the Gann Support, below white line not good.
A reversal may be expected from HUL from the Channel support.
Please like if you liked it.
The chart is based on price action and chart pattern.
This is not a trade advice but for educational purpose.
Regards
Buy HUL around 2360-2380 HUL is in oversold RSI . Have always respected 200 DMA .
First Target 2460 , Second Target 2500 , Final Target 2600
Stop Loss 2300 - Once Move up Trailing SL to Buy Price and above.
HUL bullish after testing trendlineRSI is in highly overbought region ( below covid levels) and looking for bounce from long term trend line around 2330 levels shown in chart.
Stock is fundamentally strong and a monopoly with multiple brands.
Target for next few months
Target 1: 2530
Target 2: 2800
Happy trading
HUL Trend Support - Break or Bounce?1. RSI rising from oversold region slowly
2. Trend Support reached - Bearish momentum decreasing slowly
3. MACD cross due
It will be interesting to see if HUL can give some upside here.
Only for Educational purposes.
HINDUNILVR, HUL NSE:HINDUNILVR HUL is the best fundamental company,
currently, HUL is available at a discounted price of 2430, but it is a dip in the stock for the investors,
HUL is on an uptrend since the year 2018. one can buy this stock for a short-term target of 2700, and a long-term target of 10000.
HINDUSTAN UNILEVERSometimes it's better not to waste time predicting the market. Rather we must focus on the industry. FMCG is among one of the most evergreen industry that historically we have ever seen. The industrialist in this field had always constantly tried to expand geographically and financially.
The chart of CNX FMCG indicates a bullishness soon or sooner.
And the chart of HINDUSTAN UNILEVER looks the most simple and clear. Hopefully it will perform good by the next 2 months.
Chart & Analysis - Adarsh Dey
