NSE:HINDUNILVR Time to SIP when the herd is fearful for long term wealth generation.
Do your own research before investing or trading in any stock or indices.
Disclaimer:
This is not a financial, investment or trade advice. Its only for educational purpose.
NSE:HINDUNILVR Only SIP when others are fearful
Do your own research before investing or trading in any stock or indices.
Disclaimer:
This is not a financial, investment or trade advice. Its only for educational purpose.
In the Weekly Chart of HINDUNILVR ,
we can see that, after consolidation, it has started creating price action in upward direction.
Also, we can see a Inside candle.
Take a simple trade on breaking its high with low as SL and HOL it for an year.
Hindustan Unilever looks good for a positional/swing trade.
Buying above Rs 2506, SL Rs 2462, Target to be updated soon.
Disclaimer: The views expressed in this article is of my own. You're solely responsible for any decision taken in the markets, resulting in financial gains or losses. The analysis I've shared is for informational and educational purposes only.
NSE:HINDUNILVR SIP when others are fearful for financial freedom.
Disclaimer:
This is not a financial, investment or trade advice. Its only for educational purpose.
NSE:HINDUNILVR Is there a high probability that its going Bullish? Your thoughts in comments.
Ignore if huge gap down or gap up.
Follow strict stop loss.
Disclaimer:
This is not a financial, investment or trade advice. Its only for educational purpose.
Most important thing in stock market is volume if you check the volume there are going green for 2 weeks now & there is a bullish derivation in a RSI indicator
Higher high and higher low formations are key concepts in technical analysis used to identify and confirm an uptrend in the price of an asset, such as a stock or a currency pair. These formations are typically seen in price charts and can be indicators of bullish market sentiment.
When lower lows and lower highs are breaking, it typically indicates a potential...
HindUnilever Cmp 2509 dated 3-11-2023
1. Taking support @ trendline.
2. Higher lows
3. RSI divergence
Buy above 2515 target 2530-2550-2580-2600
SL 2585
It is just a view, please trade at your own risk.
HUL
Chart set up
- we are looking at weekly chart of HUL
- Stock is trading in a channel since July 2022
- currently at lower end of the channel
View
- Range bound movement
Trading Strategy
- Consider to accumulate at current levels and on dips for a target potential of 2730 odd levels
- If weekly closing is below 2393 then pattern gets invalidated
...
Hindustan Unilever is at an extremely important Weekly Demand Zone. One can make long positions for a target of upper range of the consolidation with minimal stop loss.
Stop Loss: SL has to be below 2,390
Entry: Entries can be made around 2,440 - 2,450
Target: 2,700+
HINDUSTAN UNILEVER looking good at 2488. buy above given level in charts in weekly time interval.
please wait for weekly candle close.
NOTE- Only for Education Purpose.
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