HINDUNILVR trade ideas
Descending Channel in HindUniLvrNotes:
Might look at taking a long position both within (Since I think it might consolidate a few candles inside the zone before breaking out) and outside the resistance zone.
Please note - Not a SEBI Registered Advisor/Analyst. Only for Educational Purposes. Please Consult your financial advisor before you take any action.
HINDUSTAN UNILIVER Hourly chart moves Hindustan Unilever
• The stock is currently trading at a price of 2492 and on the 1 hour time frame it has formed a bullish flag and pole which indicates that the price after a pull back can go up further
• the target is ... 2533 - 2565 And SL :-2473
RSI - at 60 levels
Disclaimer - This post is only for education purposes and not any recommendations to buy the stock. Please consult your financial advisor before investing.
Hindustan Unilever Long (buy)Forming Cup and Handle Pattern on daily chart.
So there are chances of uptrend in upcoming days.
If it it breaks the trend line on 15 minute chart
the imp next target is 2473.
OR
If market opens upward gap-up it will retest @ green demand zone.
All zones are marked on chart
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This is my personal Opinion about Hindustan Unilever .
Take it as educational purpose. I am not SEBI registered or any Stock market expert.
I am not responsible for PROFIT or LOSS
HUL - RETURNS 🐛 🐛 tested crucial lvlTested crucial level.
Will take a good move from here.
Take trade as per the values given in Fibonacci. always trail the stop loss. do your own analysis before taking trade
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Hindustan Unilever - Potential Cup & Handle + Volume expansionKey Highlights:
1. Bullish market structure
2. Volume expansion
3. Cup & Handle formation
4. Major flip zone: 2440-2480
5. Target: 2612, 2741, 2892
6. Stop loss: 2300
You are always advised to use an appropriate Risk-Reward ratio as per your strategy.
P.S: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.