Is Hindunilvr bullish in coming days ?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
HINDUNILVR trade ideas
BULLISH view on Hindustan UnileverHigher 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 reversal or shift in the prevailing downtrend. Let's break down what this means:
Lower Low (LL): A lower low occurs when the price of an asset falls to a level that is lower than the previous low in a downtrend. It suggests that sellers are willing to accept even lower prices, indicating bearish momentum.
Lower High (LH): A lower high refers to a price point that is lower than the previous high in a downtrend. It demonstrates that, during corrective moves, buyers are unable to push the price significantly higher, indicating ongoing bearish pressure.
When you say that "lower lows and lower highs are breaking," it implies that the asset's price is exhibiting a change in trend direction. This often signifies a potential trend reversal from a downtrend to an uptrend or a period of consolidation.
In a bullish context:
A "break" in the pattern would involve the price forming a higher high (HH) and a higher low (HL), indicating a potential uptrend.
In a consolidation context:
A "break" might mean that the price is moving sideways, neither forming lower lows nor higher highs, and is range-bound for a period.
It's important for traders to closely monitor these patterns and look for confirmation signals such as increased trading volume, strong price breaks above resistance levels, or supportive fundamental factors before making trading decisions. Additionally, risk management strategies should always be employed to protect against potential losses.
In this chart, we see the LL formation is broken and we see a new Higher Low, we can enter with the confirmation when the last LH is broken as well confirming the change of direction from bearish to bullish.
HindUnilever Cmp 2509 Reversed from supportHindUnilever 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.
HindunilvrHindunilvr has been trading within parallel channel from past 25 years. I don't have any position
HUL: Channel trade PotentialHUL
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
Understanding Risk :: Reward and Risk Management
Reward potential for the set up approx 250 points from current levels
Have provisions to accumulate further on dips in such a way that RIsk is of around 60 points
giving us a Risk::Reward ratio of 1::4 plus
Take care and safe trading...!!!
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$NSE:HINDUNILVR Time to SIP HINDUNILVR. Buy for long term.NSE:HINDUNILVR Time to SIP HINDUNILVR. Buy for long term at good bargain price
HUL at a Very Important Demand ZoneHindustan 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+
HUL BUYING ZONE FOR LONG TERMHUL accumlation zone 2400-2600
for longterm investment
#support 2420
#resistance 2820
educational idea only
This is how to be bullish on swing lowHUL at swing low . Trade for extreme gains with caution. NSE:HINDUNILVR
HINDUNILVRHINDUSTAN 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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Hindustan Unilever ready to Fly !! Hindustan unilever showing bullish signs as per 1 Day time frame.
CMP: 2510
the stock is bouncing back from the demand zone and successfully broken out from trendline resistance as per daily time frame chart.
its a good time to accumulate the stock once the price closes above 50 day exponential moving average.
Potential Entry price: 2549 on closing basis.
Target 1: 2740
Target 2: 2970
Stoploss: 2415.
Please note that, This is a long term perspective and may need to hold for 3 to 6 months.
=> # Please do your own research before initiating any trade. Always use stoploss in order to protect your capital.
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#Disclaimer: This is just a view and published here only for educational purpose, this should not be considered as a buy or sell signal. Trading in stock market may involve financial risk therefore, do your own research before taking any position.
At lower end of channelHul is lower end of channel, can go up .
This channel is valid since long term
Hindustan Unilever : Swing Trade planHUL is finally bouncing off the demand zone it has been maintaining from July of last year.
Basically, HUL has been in the range between 2440-65 and 2725-60.
After accumulating for around 10 days at the lower level of the range, yesterday (4th oct), HUL printed a strong Bullish candle closing above this accumulation range.
I am planning a long-swing trade on HUL.
Entry price : 2511
SL : 2439
Target: 2715
Holding period: 2-3 weeks. Max 20 days.
I will book 75% of my position at TP level. And will look if get breakout of the range at the upper level.
Give this post a like, if you agree with this analysis.
Disclaimer: This is my trading plan and i am just sharing it here. I do not intend to post it here as a trading advice or suggestion. It is shared here only for the sole purpose of sharing and discussing with fellow traders. Do your own due diligence and trade responsibly.
HINDUNILIV -long price at demand zone
price action shows reversal
good to acumulate at current levels
HUL FORMING RECTANGLE AND IS NEAR SUPPORT ZONEThe stock has formed a rectangle and it has tested the support many times which i think will touch again in few takes and will rebound strong
HINDUSTAN UNILIVER MOST WEARD hello everyone.. this was my first time that i have been stuck in one hedged position and that is hindustan uniliver, however i am not going to work in this stock till my last breath... i do recommend this is bull shit....
HINDUNILVRHi All - good opportunity to go long for swing trade for HINDUNILVR.
Key Highlights:
1. Bouncing off support
2. Good strength
3. Good risk and reward
HULHinduniliver at Support zones
Keep an eye
Small dips to 2440 can be bought
SL 2400
2578/2670 Target
HUL at very good support and looking good for higher targetsHUL is trading in an uptrend channel and currently taking support at the bottom of the channel with some bullish action on daily chart.
The falling markets can make it little dicey and so the conservative stop loss of 100 points can provide a very good cushion and the stock should keep on moving towards the upper line of the channel.
Looking good at CMP 2473/- with SL of 100 points.
HINDUNILVR swinging to support. Ready to zoom back. One of the most fundamentally strong stocks, HUL, is likely to reverse from a historic support level and resume its usual swinging uptrend. The FMCG sector has received a beating in the recent past; and despite the markets soaring to new highs, this stock was not up to speed with the other large caps. Ride the reversal and the following momentum..!! (Not an investment advice.)
Hindustan unilever longHindustan unilever formed bullish divergence on charts and explained on chart
