Hindustan Lever cmp 2419 dated 2.11.2021Hindustan Lever cmp 2419 dated 2.11.2021
1. Support @ 2365
2. RSI Divergence
Buy for a tgt of 2450-2485-2550-2600 SL 2360
It is justa view, pls trade at your own risk.
Trade ideas
HUL Analysis for Long term InvestorBUY HUL @2350-2370 Target = 2500,2750+++++ Duration = 60 DAYS APPROX 400++ POINT
Multiple Support: Trendline Support + Fib Level +EMAThe stock corrected 20% from ATH and price at key level (weekly time frame):
- EMA 50 : in past stock has reversed multiple time FROM MOVERAGE AVERAGE and currently at same level.
- Fib .0618 : will be key level, if support break then expect a 10-15% further correction.
- Trendline Support : Upward trending stock, in past we have seen the reversal from base support.
The fundamental very good stock and accumulate at every dip.
Thanks
Analysis of HIDUSTAN UNILIVER for swing trade positionTrend following trade have good RR ratio.
on multiple support level.
And in increase probability with sector index.
HINDUNILVR Investment pick - Parallel Channel and trendline"HINDUNILVR" Investment pick - Parallel Channel and trendline
Weekly Parallel channel and support at trendline
Daily Hammer
Target based on Fibo
Investment horizon - 3 to 6 Months
HINDUNILVRWait And Watch ??
Look for Low risk, High reward, and High Probability setups-
Things to Remember while Trading with the Trend
1. Know what the trend is.
2. The best trades are made in the direction of the trend.
3. Assume that the main trendline or moving average will hold.
4. The longer the moving average is, the better it defines the trend.
5. Wait for the pullback.
6. Don’t chase the market.
7. Don’t fight the market.
8. Even in the strongest trends there should be some retracement.
9. The closer the market is to the trendline, the better the risk/reward ratio is.
10. Use ADX to determine the strength of the trend.
11. Higher the level of ADX , the stronger the trend, below 20 consider the market to be choppy
12. Hold trades longer in a strong trend.
13. Wait for confirmation of a trendline breaking before reversing position.
14. Know where the Support levels are.
15. Place stops outside the Support levels.
Thank You..
LONG OPPORTUNITY ON HINDUSTAN UNILEVER TREND LINE SUPPORT , HORIZONTAL SUPPORT AND DOUBLE BOTTOM FORMATION .
FUNDAMENTALLY A GOOD STOCK FOR LONG TERM .
HINDUSTAN UNILEVERHINDUSTAN UNILEVER
dragonfly doji at 200 MA and at trendline
perfect reversal setup
can go long above doji high with sl of doji low
low risk setup
Trend Analysis of HindunileverHindunilever price action study
Over sold
Taken Support of Long term rising Channel.
Kind of hammer pattern on Daily Chart.
lots of indication .
Time to take review of the particular trend
Simple Trade Setup | HUL | 01-11-2021 [INTRADAY]NSE:HINDUNILVR
I am posting this as one of the follower requested on twitter.
Observations:
1) On daily time frame, we can see that it is trading below 200DMA which is placed at 2429.01 level.
Also it is in the critical zone of 2365-2400 range.
If we see in past, it stays below 200DMA for short time only.
Safe positional buy trade will be only on sustainable breakout of 200DMA or level 2430 level.
Please refer below chart : 1day Time Frame.
2) Also on daily time frame, as we can see the parallel channel support zone.
And it is just above the upper trendline of the channel.
Please refer below chart : 1day Time Frame.
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Trade Setup for Date 01-11-2021:
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.
HINDUNILVRHi Guys Here is good stock for Monday. As you Can see it is at important Trendline Support If it breaks the Treadline or give closing on Daily Time frame then we can have to see opportunities for Sell and if A Bullish Candle is Seen on Daily Time Frame then we can Go Long
HINDUNILEVEL case studyHindunilever price action study,, double divergence,,
over sold
lots of indication ,,
time to take review of the particular trend
Hindustan Unilever weekly TRENDLINE SupportHUL takes Support on a weekly TRENDLINE many times. So it is a high probability trade, with closing basis SL below trendline
HindunileverLooks like more fall is expected.. good to add around 2250 levels which will be long term trend
Channel on Weekly chartDraw a channel on HINDUNILVR weekly chart. its been respecting channel trend except in March-April 2021. Assuming trend continue
hindustan uniliverHINDUSTAN UNILIVER CMP 2396
stock is coming near strong support of 2300
positive RSI divergence seen on hourly time frame
can initiate longs near 2300 levels
HUL expected to take support around 2329.HUL expected to take support around 2329. Resistance at 2525
hindunilever daily monthly shooting star as of now, looks like double top daily , i am bearish and sup is near 2533
HINDUNILVR - Trendline Support + FIBSEntry Price - 2396
Stop Loss - 2329
Target - 2565
Note: For Education Purpose Only
Hindustan Unilever AnalysisHINDUNILVR is looking good here for buying. Target and STOPLOSS are mentioned in the chart. It may take around 2-3 months to reach the target.
HUL to take long entryKeep HUL stock in your watchlist. Now stock trading at the support zone. We are expecting to bounce back from the area. long entry only after the BO of TL above 2440. SL & target mentioned on the charts. This is for your educational purpose only.
HINDUNILVRHINDUNILVR usually reverse after bear trap. if previous 2-3 falls are observed then we may expect up move in 20-30 days.
