HINDUNLIVER LTD Dow theoryHINDUNLIVER LTD Dow theory making Series of Higher high and Higher low
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This post for Educational Purpose.
Please Do your know research.
JAI HIND
Trade ideas
Hindustan unilever at weekly support Hindustan unilever is following strong trendline on weekly time frame. it will be a good swing trade if it give bullish closing at the weekend
HINDUNILVR breaks after a long time [one year] HINDUNILVR breaks after a long time . Chart speaks for itself.
CONFLUENCE OF MAJOR AND HORIZONTAL SUPPORT !HINDUNILVR is taking support from its major support line also at the same time it is taking support from its short term horizontal support area.
Wait for up trend confirmation on daily time frame to enter, it can be a good risk to reward trade.
Also if you have noticed , I didn't posted any analysis in the past few days. The reason for this was falling market.
In falling market all we must do is wait. Yes, wait for the right time to capture the great move. I can't actually tell if its the bottom of the market but here in Hindustan uniliver its a
great combination of two support also known as CONFLUENCE SUPPORT.
Note that this was my personal analysis and not a buy/sell call. Use this analysis for educational purpose only.
If you got any questions , you can post in the comments section.
BUY_HINDUSTAN UNILEVERReasons for buying HUL:
1. Stock is in uptrend "Trend is your friend"
2. Stock has taken a crucial support from its 400 days' EMA
3. RSI Divergence
[Positional] HUL Buy IdeaBiren's spot.
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 at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy 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. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems.
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I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
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Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
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Long:Hindustan Unilever 1) Positive divergence visible on daily time frame
2) At bottom of parallel channel from 2018
3) Pinbar formed on daily chart and bottom of channel
4) Horizontal Support at 2310-2290
Nifty FMCG:
1) Formed pin bar at 200 DEMA
2) Positive divergence visible on daily time frame
3) Weekly price forming pinbar at 50 WEMA
4) Monthly price riding 9 MEMA
Most likely reversal can be seen from these levels and very good opportunity to enter quality stock of Hindustan Unilever.
Please note that this view is for educational purpose only.
HINDUNILVR | Excellent trendline support - 20%HINDUNILVR | Excellent trendline support and value discount - Can expect 20% rally for short term
CMP : 2329
SL : 2200
The stock is trading in negative 3% for the year 2021 (As on 29/11/2021 close) - We can consider this as huge discount for the value stock.
HINDUNILVR LOGShare comes to its bottom line of its long going UPTREND if it takes a bounce back from hear buy for it
HUL @ major Support Hindustan unilever is at long term minor support
my view may be side ways for some days
Hope not to break it
Hindustan Uniliver on support WatchoutHindustan Uniliver on support Watchout
can hit stoplosses of many peoples and can give reversal,
Reversal possible from here
My personal Target is minimum 20% upside from here.
Trade on your analysis.
Happy Trading!
HINDUNILVR Trend Reversal Possible ??? HINDUNILVR
Demand area trend reversal possible
chart inside mentioned everything
Keep eye on "Hindustan Uniliver" for long term investmentHUL has corrected 18% from top
HUL took support on 20 EMA in a Monthly time frame
TEACHER: Give me an example of SHM ;STUDENT: Price action of HULIt's indeed the best trading bet for beginners to buy at the bottom of the channel and sell at the top
FOLLOW me for more such content ahead...Till then,
HAPPYY TRADING :)
HUL - Hindustan Unilever LtdHindustan Unilever Ltd
taking support in a channel, short-term target T1 - 2650, T2-2700
Hindunilvr looks Bullish for Short TremPlease check the chart for detailed information. It's on Trendline Support & targets are very attractive.
Hindustanuniliver LONG IDEAbuy at bounce from trendline
hul is following a trendline from many weeks and respecting that trendline
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HUL falling wedge in 1 Hour Time frameThis is a follow up on my previous post on HUL, (You can check that in related Idea field below).
Having a 4 year long support, We can witness that this stock is forming a falling wedge pattern in 1 hour time frame. We can take entry ONLY if it closes strongly above the resistance trend line drawn in this chart.
NOTE : This holds true only if NIFTY/SENSEX holds its position.
Disclaimer - I am not a SEBI registered adviser. All the information provided by me are for educational/informational purposes only
HUL right at 4 year old support.HUL at the point of break or Make point. This script will not break down, As long as Nifty keeps it head above the water. But at CMP.
Target 1 - 2625
Target 2 - 2880
Simple Trade Setup| HUL [HINDUSTAN UNILVR] |24-11-2021[INTRADAY]NSE:HINDUNILVR
I am posting this as one of the follower on twitter requested for it.
Observations:
1) On 1day time frame, it is still sustaining above the parallel channel. Please refer the same which was provided in previous trade setup.
Please refer below chart : 1 day Time Frame.
2) On 1 day time frame, today's candle closed just above the upper trendline of parallel channel.
Please refer below chart : 1 day Time Frame.
Also major critical zone is 2360 to 2400.
If it gives breakout of 2400 level then we can see a bullish move and sustainable breakdown of 2360 will make it bearish.
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Trade Setup for Date: 24-11-2021
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
