Hindustan Unilever Share Analysis - HUL Swing TradeHindustan Unilever Share is consolidating in a very narrow range. Add this to your watchlist, it can be good swing trade for the long side.
Disclaimer: This is for educational purposes only. I am not a SEBI registered advisor. Please consult your advisor before investing.
Happy Trading and Investing :)
HINDUNILVR trade ideas
Breaking out of the triangleSector analysis is one of the important aspects in trading a good momentum or capturing the right investment. FMCG might see some boost with unlock looming in few states. Thought Tata consumer has moved recently, HUL looks lucrative in terms of the positioning of the stock
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The stock failed to breakout and hence the squeeze continues. Also the stock has taken support around 50% Fib retracement of the previous rally.
In weekly charts if you closely observe friday's closing for the week has created a inverted hammer taking support just above the 50% fib retracement level.
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Also look at the CNX FMCG chart linked to this idea.
Be want to consious about HINDUNLVR ?lets started,
we can see that hindustan uniliver is at a very good zone for short term as it prevent a hanging man and start falling
also,it makes an triangle pattern if it take support from support zone and breakout downtrend line we will see
a very good upmove in this stock. so we consious about that stock.
it may become a rocket.
HUL: Chart set up & trading viewHUL
CMP 2336
- we observe the stock has been consolidating for over a near now
- support at 2306 / 2264 / 2180
- potential Cup & Handle in the making
- confirmation on sustaining above 2464
Target for the given set up 2800 / 3100
At current levels Risk::Reward ratio looks good to go Long.
Take care & safe trading...!!!
Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
SHORT SIDE HINDUNILVRHello guys i had find this setup for swing in 4h timeframe it broken the trendline and made a buildup and can happen a good down move and we can take this opportunity by putting sl at above buildup area and target at lower channel and also do your own research before taking any position .if you like my analysis please like share and follow thank you
HUL Bullish1. The stock broke the previous quarter high, then came back in the previous range and turned sideways.
2. If the stock is bullish, then at most it should reverse from support A.
3. Stock is not aligned with Sector and Nifty50, the stock will have to be aligned with Sector and Nifty50.
4. Nifty50 and Sector is Trading at Previous Quarter High