HINDUNILVR trade ideas
Multiyear breakoutBreakout in Hindustan Unilever after long time(check historical charts of hul how it reacts after weekly breakout)
Can be added for short term targets of 2800
good buy for long term investments too,can give multibagger returns in 2-3 years
longterm stoploss below 2300
HINDUNILVR LONGNSE:HINDUNILVR
~closed above 2615 with good volume
~ gave a breakout from channel today
~ might see a target above 2700
~ weekly trade
Hindustan UnileverHindustan Unilever long because is a long consolidation Breakout on weekly basis and make pattern target is reverse cup and handle
Ride The TrendMACD - Check
RSI moving above 50
Volume - Average
9,21 EMA - Cross
Target 2600+
Stop Loss mentioned
Stock in focus Yesterday I shared and it gave a beautiful trend line breakout
Keep in focus
Now at critical level enter if it sustain
HUL strong BreakoutHindunilvr Breakout from channel pattern in Daily chart with supporting volume. Entry upon a retest of the breakout area would be a good RR setup for swing traders. Plan your risk first.
Hindustan Unilever Possible ATH & Channel BreakoutMay see a massive uptrend if the price closes above Rs 2615 on the daily timeframe.
HUL near breakout level!HUL can break the channel pattern, daily closing above the channel can be considered as the entry with stops below the trendline
Hindustan Unilever near trend line breakout Hindustan Unilever is near trend line it has tested trend line multiple times
A good buying opportunity is only above its Monthly resistance breakout which is 2615 levels
If it breaks 2615 levels then I'll look for opportunities to enter..
But till then we should have eye on It.
Happy investing
Hindustan Unilever long opportunityHello People!
HUL has been taking consistent supports from the bottom trendline since 2018. Thus there is a high probability it would act the same way here as well.
But I jumped in a bit earlier and I have solid reasons for that. The first being that HUL has shown a massive bullish candle right at support. So chances of a trend reversal seem high.
The second reason is the solid weekly 50EMA and daily 200EMA support. The stock made a bullish candle right at these crucial averages.
The third reason being that the bullish candle was formed exactly at the 50% Fibo level.
Ideally, I should have waited for a confirmation of a trend reversal. But with Nifty breaching its All-time high and still going strong, there's a high probability that this reversal will be happening. Also, Risk to Reward is too good to ignore this trade.
* STRICTLY NOT A BUY CALL *
Hindustan Unilever on the verge of breakout*for educational purpose only.
Stock is trading in a range since one and half year once it breaks bullish trend will start.
Jindal steelopline better than expected; commentary suggests
improving momentum, LONGTERM INR2,840
Please understand your risk and take full responsibility of your actions
Hindustan Unilever Limited for Swing trade..Hindustan Unilever Limited taking support from daily and 4Hr Time frame...
Hindustan Unilever HINDUNILVR 2449 BUY Topline better than expected; commentary suggests
improving momentum, LONGTERM INR2,840
HUL hourly breakout and retestgo long on hourly time frame
fundamentally good company . book profit when comfortable
clear breakout and retestedclear breakout and retested in 1 hour tf . right time to enter in this setup.
Swing trade∘ Best setup in Hindustan Unilever
∘ Ascending Triangle Pattern
∘ Taking multiple time Rejection on Resistance level
HINDUNILIVER Longterm investmentalmost 6 months cnsolidation. waited 6 months to touching green support line. but not touched (indicates strong uptrend)
NSE:HINDUNILVR
#the_pravin #simplepriceaction #notoindicator #nakedchart #swingtrading
