Hindustan Unilever Ltd.Company:- Hindustan Unilever (HUL)
Sector:- FMCG
M Cap:- 5.58T
Purpose:- Educational
Analysis:- Due to over-extended the FMCG index stocks like HUL and many more have fallen from the top of almost 8% to 12%, For the last few days, bottoming out formation has been taking place in the FMCG index and its heavy-weight stocks. In my view, the FMCG index has bottomed out and its heavy-weight stocks are now preparing to go up and "HUL" is also one of them. So if you also want to become a professional stock market technical analyst like me and want to become a profitable trader like me then contact us today and follow me on social media platforms.
Long @ 2385, Stop-Loss @ 2345, Upside target@ 2500, 2620 then 2760
Disclaimer:- I am not giving any stock recommendations. I am doing this analysis only for educational purposes. So before taking any trade and investment do your analysis and consult your financial analysis.
HINDUNILVR trade ideas
Hindustan UniliverThis FMCG Alpha is looking good for a short run. On daily charts there is a rounding bottom formation. While on technical Indicator front 20 DEMA is crossing above 200 DEMA and RSI is trending bullish, which shows strength in the stock. Buy at 2608 with a targets of 2730 and Stop Loss of 2450.
HUL ready for upside move we get huge profit on sell trade On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
hindunilvr Monthly and daily price analysis
Hello traders
presenting to you HINDUNILVR analysis
price consolidating from last 3 years
i am assuming for break out in upside
in this chart left side is MONTHLY
and right side is DAILY
so in any case weekly closing happen above 2800
which is around 5.5% from current price
than buy in any retracement between 2500 to 2800
stop loss 2350
Target 4100
hindunilever longhindustan unilever is in monthly demand zone,, whci means that big financial instituy\tions were willing to buy the this stock at the current prices.. so that there must be pending buy orders left over in this zone.. there is high possiblitity that price might bounce from here.. mindful of the fact that this is a n aggressive trade .. its only for educational purpose
HUL is approaching a strong support zoneHUL is approaching a strong support zone. Stock has multiple times respected the support zone. Stock trading in a range since June, 22. Expecting a bounce back in the stock. However is stock fails to hold the support, we may see major downside and bearish mood in the stock. I will look for support confirmation. I would also avoid shorting, as the overall market is bullish and would not want to go against the broader trend.
HINDUSTHAN UNILVRHUL can take a u turn with good targets as it is sustaining at a nice support
Entry above 2588-2590
with a stop loss at 2565
for obvious swing trade targets like 2620, 2640, 2660
Note: if any trade or value thats gone from the place we decided to enter then thats not our trade wait for it to come back or let it go
I am not sebi registered this is my personal view
HUL Ready for fall , we can see 2450 in short term On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
HUL awaiting breakoutHUL is trading in a triangular channel and awaiting breakout.
Breakout on upper side will take it to previous 52 week high and then 3000 and 3250 are next target.
Stop Loss will be Low of the breakout candle once it happens.
Not a buy recommendation unless breakout occurs and closes above the triangular channel on Monthly charts.
HINDUNILVR : Booked a profit of about 8.58% Booked a profit of about 8.58% on the invested capital.
I do realize that there is a potential move for about 5.8% to the upper trendline of the channel. But considering the overall valuation of the market, I expect a higher probability for a sell-off.
So decided to book profits in the stock as of now and to consider a re-entry if price falls back to the low of the channel.
Hindustan Institutional buying zone Similar to the HDFC analysis I gave, Hindustan Uni has approached its major support zone where it has had three previous 12% rallies from.
position Sizing is recommended...
What is position sizing?
It is when you first add half your position to check If the market is saying you are right or wrong, if the market moves in your direction, you will add your second half and tighten your stop loss. This way you add two positions but one only when the market shows you that you are correct.
Example: Suppose your risk is 100 per trade, You first buy enough Qt to risk only 50 ( Typically with a larger stop) and if the market forms a green candle or another bullish sign, you add another Qt to risk 50 more ( Total risk 100) and your second stop loss becomes tighter ( most probably at the breakeven of the first position) this way you minimise your loss but ur reward is the same and even more. If your first stop gets hit, you accept your mistake and move on.
Hence, if one does go long, I personally am buying as close to the zone as possible and then will be adding more as positive signs are shown.
One downside is that the overall market is taking a beating and a dead cross has formed on Hindustan Uni
Keep It simple