HINDUNILVR trade ideas
HUL - Low risk Set upStock is testing its long-term support trendline. if reverses from here can go 2475/2550/2615.
The main point at the moment is a risk-reward ratio. Which is very favorable here.
Only for learning and sharing purposes. Not a bit of a trading recommendation.
Please comment with your views.
Probable reversal of trend - HINDUNILVRNoticed that the stock is at its strongest support. Today the stock respected the trendline, which i am looking at it as a positive sign and expecting short upward movement from here after observing the movement today in the second half of trading. Reply if you agree or disagree with my view or if i am missing an point on the trend. Open to views from everyone.
Note: this is just for educational purpose not a stock recommendation.
HINDUSTAN UNILEVER BUY WITH TARGET 2900A very strong and well tested uptrend. Testing at that line again. Good opportunity to buy. Fundamentally good, high ROCE and profit growth. Quarterly earnings have shown good recovery in sales. The company is making its highest ever profits and most expectedly will post higher profits than last year this fiscal as well. I don't see any reason why this stock should not retain its 52 week high or even breakout. I'm keeping a target of 2900 which is pretty modest. It might move even higher. But you must stop your loss if it breaks the trend and trades below it for too long. I will be updating the status of my trade here on this post.
Thank you. Please like this post if you like the idea and follow to get more such ideas. I try to post every good idea I come across. Do comment and let me know if you disagree and have a different opinion.
HIGH PROBABILTY SETUP USING MULTIPLE CONCEPTS(HINDUSTANUNILEVER)When we start trading stocks in the beginning we all run around indicators thinking that it is the holy grail of trading and after that losing hell tons of money and 90% of people who lose their 90% of trading capital in 90days leave the markets and say it's gambling but the rest 10% stay and staring learning about markets But unfortunately almost 99% information out there is wrong so rest 9% also stay in markets but they make profit sometimes then losses sometimes and just stay around the market or quit it after some time. Only the remaining rest 1% with correct knowledge master the markets and actually make profits from the market and sometimes make a living out of it.
So from this, we can conclude that trading is not easy money. It requires a lot of hard work and dedication and most importantly the right knowledge.
So It's very important to learn the right concepts that actually work that are PRICE ACTION, MARKET STRUCTURE, AND SMART MONEY TRADING CONCEPTS.
So here's a Trade Analysis of Hindustan Unilever which is based on the above concepts and the smart money concept used here is known as ORIGIN also known as OB or Order Block Trading.
A lot of things can be understood by looking at the charts.
Hope you enjoy and learn something new from it👍
I will bring more trade ideas related to all the above-mentioned concepts
SO HELP AND SUPPORT LIKE SHARE AND FOLLOW FOR MORE SUCH CONTENT.
- Pranesh Sahoo
Hindustan Unilever- Very Low Risk Swing TradeOn weekly chart, Hindustan Unilever is respecting a price channel from almost 2016.
Now trading @ price CMP 2404 at bottom of channel near support line. Just wait for confirmation of reversal of trade.
Entry can be above 2450
SL will be 2307 (Day closing Basis)
Target 1-2800
Target 2 - 2840-50
Risk Reward is also Good >2.5
Goodluck with trading
Hindustan UnileverA very good uptrend is followed by price .it follow 200 SMA
When every price come below 200 it get rejected
Again we had good opportunity for swing trade on daily time frame
ENTRY go long if price cross 200 and stay above it for some day
Target one swing
SL below 200ma
Best of luck
Ready to go long with HINDUNILVRThis stock is available at a very discounted rate and running in widening channel. Once it starts shooting it will surely hit its previous high which is 2850. We can take a long entry @ 2400 with a stop loss of 2300.
It would be good risk reward 1:4. (100 Points SL with a target of 400 points)
Thank you