HINDUNILVR trade ideas
Buying opportunity in HULAs i mentioned, any one who want to add hul can go with hul, as shown in chart this share taking support in daily chart as just this share passes 2600 distil line level you can enter in the share for a handsome return just weeks , without any high risky because this share is not risky too much , you can purchase this share once if share crosses the 2600 level , target and stop loss are yours , it depends on your risk and profit taking ability , as how much you are financely sound , in previously i shared stop loss and target both , for this share it totally depends on you, you can also check accuracy of my trades given below , i shared ANANT RAJ share Previosly it gives ultimate handsome result you can also cross check for same as well , and stop loss triggerd in itc and lupin as well , but if you holding for a 3,4 week than you hold lupin for that , For your knowledge FMCG sector doesnt run when nifty making new lifetime high , so cross check that also by analysing your view on sector, in this i dont take view, or stand for FMCG sector.
DISCLAIMER:-you are Personally responsible for any profit or loss occurs on this trade, I am not responsible for any profit and loss that occurs from taking this trade, and also i am not sebi registered , consult your financial advisor for that , my job is to share good opportunity lying in market which generate good profit for you, because when you enter market for the first time your main responsibility is to earn profit but slowly slowly you started making loss then for loss recovery you started option trading and then more loss occurs, so please trade with active mind , and save and protect your capital , thanks for reading my long message if you reading my messsage till now than you are osm because very very few people read this long message after seeing this long message , half of the people exit , ha ha ha ,
ONCE you also think that why i am writing this long message because i also trade i know the feeling when trade goes beyond our risk capacity thats why , i type each and every thing about particular mentioned share because i think that those who purchase has full knowledge of the trade that they are taking , thaks me if anyone of you generate profit , and if loss then also share, i happy and willing for your profitable comment ,
BY sharing your comments in comment section i will be happy because it gives me more confident for analysing best trade for you in every market conditions,,,
AND PLEASE FOLLOW ME IF YOU THINK I AM DOING GOOD WORK ,
GENERALLY MY ALL TRADES ARE FOR SWING TRADING IN CASH , IF I UPLOAD LONG TERM CHART I WILL SPECIAL MENTION THAT IT IS FOR LONG TERM OR SHORT TERM,
THIS PARTICULAR TRADE IS FOR SHORT TERM (IN MY DEFINATION SHORT TERM MEANS 3-4 WEEKS)
THANKS , HAVE A PROFITABLE TRADE
Unilever at long term support level !!The price retrenched to fib level of 61.80% and at long term support level.
The risk and reward ratio very favourable.
t1 Rs 2590 , t2 2770 , stop loss = support level violation
Thanks
-aj
Disclaimer: The information and publications are not meant to be, and do not constitute, financial, investment, trading or any other types of advice or recommendations.
HINDUNILVR IN BULLISH HARMONICSCMP 2465
BUY UPTO 2430
TARGET 2490 / 2520 / 2540 / 2560 / 2580 / 2600 / 2620
CBSL 2410
BULLISH HARMONICS REVERSAL PATTERN
Regards..
Keshav..
20/09/2023
Disclaimer. I am not a SEBI registered advisor. All views shared on this channel and group are my personal opinions shared for educational purposes .. Good Luck 😉
Hindustan Unilever - Short - Target 2197, 1978Of various possibilities (more than 5), the current wave being wave C of cycle correction, seems appealing. It has already achieved its objective through wave 1, so wave 4 (the C of which is in progress) may be sluggish and may fail to completely unfold as irregular correction. In reasonable expectations, down to 2197 seems sine qua nan.
the current wave, may also take form of triangle, as final leg of correction, its too premature to expect that at this stage.
However, in all probabilities, including assuming the previous rally as wave 1 of next cycle, a deeper retracement is due to achieve 61.8%.
Conclusion : I am looking to short, expecting views from TV community.
Disclaimer : as given in my earlier posts.
Hindustan Unilever HUL 2700, 2850 and higher Target 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
$NSE:HINDUNILVR Time to SIP when the herd is fearful for WealthNSE: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.
Positional_ Hindustan UnileverHindustan 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 Is there a high probability that its going BulliNSE: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.
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.
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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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+