HINDUNILVR trade ideas
HINDUSTAN UNILVER - AVAILABLE @ PRE-COVID LEVEL The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
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Target 1 achieved in HINDUNILVR. Gain of 9%. Target 2 is ON...This is follow-up on Hindustan Unilever.
Target 1 achieved. Gain of more than 9%. Target 2 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
HINDUSTAN UNILEVER#INTERESTINGFACTS
#hindustanunilever
At current market price 2091. HUL is an attractive buy. 200 weekly exponential average is around 2040 levels. This 200 weekly exponential average has never been tested in last 11.5 years.
Furthermore, the lows of May 2020, when the blocks happened in HUL, the lows were around 1900 which could give it another good base formation.
Fundamentals and growth key drivers for this blue chip are intact.
So what are you waiting for?
HINDUNILVR- Swing Trade#HINDUNILVR
Buy-Above 2300
Sl-2200
T-2450 2670
Stock has made a double bottom at 2200. So kept 200 as sl as below this stock may side to lower levels. 1st target will be the neckline itself near 2400-2450. Then Above 2450 we will get a move till 2670-2700. Safe traders can enter above 2330.
Hindustan Unilever Ltd - 11.02.2022Hindustan Unilever Ltd - 11.02.2022
The stock is trading @ 2258 levels
There is a STRONG SUPPORT @ 2250
The prices are below EMA
There is a SPINNING TOP in Weekly Chart
RSI is 40 in Weekly Chart
Let the prices go above 2281, one can initiate a BUY position with Support @ 2222
Watch out for the price action