HINDUNILVR trade ideas
Hindustan Unilever Bullish Breakout | Swing Trade | Hindustan Unilever Limited (HUL) has given a bullish breakout out of a symmetrical triangle.
FMCG sector looks strong and with this breakout, we can expect price of HUL to go high in coming few days.
Entry can be initiated at current market price.
Stop Loss- Below 2523
Target- 2720
Let me know in the comments section if you want me to analyse any other financial instrument.
WARNING:-
ALWAYS FOLLOW RISK MANAGEMENT AND POSITION SIZING WHILE TAKING ANY TRADE.
Bearish move in HUL???AS WE CAN SEE THAT THE STOCK IS IN A CLEAR DOWNTREND and might continue to still be in the downtrend,is it forming a head and shoulder ??
Maybe a good time to buy a PE for HUL ??
Will it be a breakout or head and shoulder and a breakdown??
Let's wait and watch
If it takes a rejection from the trendline , no second thoughts of buying a put!
HINDUNILVR✅ 2417-2477 Weekly Multiple Time test Level and now price come to this level.
✅ Price try to make Double Bottom on Daily & 4 hr.ly TF you can look for long trade.
✅ But you can look 2527-2537 level for Intraday for Short Trade and you can go for Long on Double Bottom Neck line Retest Entry.