HINDUNILVR trade ideas
Strong is getting HulkThis is weekly chart which clearly shows that since April 2107 the charts are in uptrend despite the last years fall and other various ups n down the stock is still trading on higher highs and making investors wealthier. This is one the strong stocks that should be accumulated when comes and sit tight on the stock to enjoy high dividend yield and good handsome returns over the age.
HINDUSTAN UNILEVER-TRADING INSIDE A SYMMETRICAL TRIANGLE PATTERNThe stock was respecting the trendline since MAR 2018.Now,it forms a symmentrical triangle pattern with low volume,which may break soon on either side.
HINDUNILEVER BREAKOUT BUYstock is trading in good compression zone at the end of triangle conjection point 2350 levels
good break out can be seen above 2368 to 2372 sustaining
can target 2409/2455/2507++
stop loss at break down point of 2322 closing on weekly basis
HUL CUP AND HANDLESelf evident from the chart, CIP and handle are formed and after handle, price is moving in symmetric triangle.
Once the triangle is broken and sustained, can go long for a target of 2750.
HINDUSTAN UNILEVER BUY LEVELBuy Hindustan Unilever for swing and short term. buy when it cross 2365. 1st target 2400, 2nd target 2440 with stoploss 2336.
u can watch my previous trades then decide. My other trade are given like upl and amaraja battery.
Intraday levels for 17 May 2021 1. Price action
2. Center line follow strong support and resistance
3. Good trade Buy / Sell if brake it direction .
Hindunilvr - Weekly analysis Price just got rejected from the top and expected to reach the trend line running from deep ( as shown in the figure). Before the break price made a ascending triangle pattern in the lower time frame of 1hr.
Hindustan Unilever - ShortUnilever is moving in channel. Strong bearish red candle has pierced the 44 SMA. Short for lower targets to lower trend line.
Target : 2220; 2200.
Stop loss: 2402
Hindunilvr - Ascending triangleBoth higher and lower time frame giving the same result - Ascending triangle pattern. Big time for investors
HUL 1h time frameHindustan Unilever was moving in a symmetrical triangle, gave a good break today, and is on its way back to test the trend. wait for the test or the resistance break.
Trade wisely.
BEARISH VIEW ON HINDUNILVR AFTER TRENDLINE BREAKOUTBEARISH VIEW ON HINDUNILVR AFTER TRENDLINE BREAKOUT
HUL is on triangle long once breakout/down it will be hugeHUL is on triangle long once breakout/down it will be huge
analysis of hinduniliverits fourth attempts still selling pressure here, short if good opportunity comes and if break resistance then long with confidence
Hindunilvr - Triangle nearing breakoutPrice forming triangle pattern and it is close to the breakout. One can wait for the breakout and enter the trade accordingly.
Bullish Above 2450 for the target of 2690Form a W pattern of it crosses above 2450 with a bullish candle closing then buy positional for the target of 2690 in couple of trading days
