Potential Breakout in HUL - Catching it earlyNSE:HINDUNILVR
Potential breakout occuring in Hindustan Unilever
Broad based buying seen across consumer stocks. (Check Dabur, Godrej CP). Trading above key MAs, trying to break above resistance zone.
Already broken above previous high, good volume activity. Can be a good long trade.
Target R1 / R2 based on monthly pivots, the R:R stands at 1:1 and 1:2 respectively, with an SL coming below today's low.
HINDUNILVR trade ideas
[POSITIONAL] HINDUNILVR LONG BET risk: Reward ratio is 1: 2
Rest as per Charts
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Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at all.
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I use shorthands for my trades.
“Positional” - means You can carry these positions and I do not see sharp volatility ahead.
“Intraday” -means You must close this position at any cost by the end of the day.
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Always follow a stop loss.
In the case of Intraday trades, it is mostly the “Low/High of the Candle”.
In the case of Positional trades, it is mostly the previous swings
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HUL good to watchNSE:HINDUNILVR
Good to keep on the radar
Always respect SL & position sizing
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Trade Secrets By Pratik
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Disclaimer
SEBI UNREGISTERED
This is our personal view and this analysis
is only for educational purposes
Please consult your advisor before
investing or trading
You are solely responsible for any decisions
you take on basis of our research.
HINDUNILVR | Trade on channel
• At the Channel Resistance .
• So from here expecting Breakout of channel or continuation of channel . we are ready for both .
• Entry :-
Upside Entry on break 2560
Upside Entry on break 2518.20
• Upside Resistances can become our targets.
Targets :- 2628.45
• Downside Supports can become our targets.
Targets :- 2453.95 , 2428.10
• Stop Loss / SL :-
for upside 2518.20 Support zone .
for downside 2560 Resistance zone .
HINDU UNILEVER - looking good in both side#HINDUNILEVER ...
INTRADAY/ Short term delivery call as well
All levels given in charts ...
BOTH SIDES OPEN
IF good potential seen then we work in options also
if activate then possible a huge movement Keep eye on this ...
We take trade only when it activates...
Possible to give good target
Bullish flag pattern breakout in HINDUNILVRHINDUNILVR
Key highlights: 💡⚡
📊On 1D Time Frame Stock Showing Breakout of Bullish flag Pattern.
📊 Strong Bullish Candlestick Form on this timeframe.
📊It can give movement up to the Breakout target of above 3070+.
📊Can Go Long in this stock by placing a stop loss below 2520-.
📊 breakout this can give risk:reward upto 1:13+.
Unilever : Wedge Breakout + Support of EMA 200Earlier Unilever has given the Head & Shoulder breakout and after the breakout, the price moved upward by 10% and retrenched to level of Rs 2440 i.e. that was a H&S neckline & EMA 200 resistance level earlier, now acting as support.
Today's candle given a wedge breakout and price closed above EMA 21, opportunity to enter into trade with risk and reward of 1:2
The entry, target mentioned in chart and stop loss as per R&R ratio.
Thanks
-AJ
Hindustan Unilever Cmp 2505 dated 25-10-2022 TRENDLINE BREAKDOWNHindustan Unilever Cmp 2505 dated 25-10-2022
1. Trendline Breakdown below 2500
Sell below 2500 for target 2470-2445-2400 SL 2545
Disclaimer :
I am not a Sebi registered Analyst so please do your own Analysis before taking any action.
The above view is shared just for educational purpose.
By no means shall be responsible for any losses amounting out of it incase if any trades on it.
It is just a view, pls trade at your own risk.
HUL losing 5% in 2 session. What next?Hindustan Unilever has lost 5% in only 2 trading session, taking stock around 2500 figure.
The stock on the daily time frame has broken the 20 DMA and closed just near the support level of 2500.
The support has been tested 4 times and if the support line is broken the stock can plummet to 2450 levels.
Even on the weekly chart analysis, the stock is trading under 20 ema.
3 Point confirmation
1. Close below the 20 DMA (on daily chart).
2. High volume break down.
3. Bearish moving average cross over (on hourly charts).
The stock can be prefered for a sell trade once it start trading below the 2500 level.
Target :- 2450 (200 DMA), 2415
Stop loss :- 2525
Stock option for the next month expiry can be traded in the stock.
Wait for the levels to break down and watch for a price action near the levels before entering the trade.