Good time to accumulate this stock. Company:- Hindustan Unilever Ltd.
Sector:- FMCG
M Cap. :- 5.61 Trilion
Technical:- On the hourly chart, smart money forms a falling (Bullish) wedge pattern and the last leg of the fall is completed soon at the 2330 level. So when #HUL tests the 2330 level that is a good time for creating a long trade, if you are a long-term investor you can accumulate this stock between the 2360 - 2330 range for the target of 2664 then the 3000 level is visible in the next few months.
Disclaimer:- Dear trader and investor before making any trade or investment do your analysis and consult your financial advisor because I'm not a SEBI-registered advisor but I'm a full-time trader and investor and I'm running offline and online trading desk.
HINDUNILVR trade ideas
HUL: At lower end of the channel
- We are looking at Channel trade potential
- Stock has been trading in a sideways channel since July 2022
- currently trading above 21 day EMA (2419) and below 63 day EMA ( 2469)
- momentum may come in once closing is above 2470 odd levels
Rest levels are mentioned in the chart itself
Take care
#HINDUNILVR 15m Support & Resistance - 27 Feb 2024Support and resistance levels are key concepts in technical analysis, a method used to evaluate and forecast price movements in financial markets, particularly in stocks, forex, and commodities. Support level refers to a price level at which a security or asset often finds buying interest, preventing its price from falling further. Traders and investors view support as a psychological or structural level where demand for the asset increases, leading to a potential reversal or a slowdown in price decline.
Conversely, resistance level represents a price point at which a security or asset frequently encounters selling pressure, hindering its upward movement. Resistance is seen as a level where supply increases, potentially causing a reversal or a stall in the upward trend. These levels are crucial in decision-making for traders, providing insights into potential entry and exit points, as well as helping identify trend reversals and price consolidation. Analyzing support and resistance is integral to developing effective trading strategies and risk management plans.
HUL ready for upside move On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Hindustan Unilever Ltd.Company:- Hindustan Unilever (HUL)
Sector:- FMCG
M Cap:- 5.58T
Purpose:- Educational
Analysis:- Due to over-extended the FMCG index stocks like HUL and many more have fallen from the top of almost 8% to 12%, For the last few days, bottoming out formation has been taking place in the FMCG index and its heavy-weight stocks. In my view, the FMCG index has bottomed out and its heavy-weight stocks are now preparing to go up and "HUL" is also one of them. So if you also want to become a professional stock market technical analyst like me and want to become a profitable trader like me then contact us today and follow me on social media platforms.
Long @ 2385, Stop-Loss @ 2345, Upside target@ 2500, 2620 then 2760
Disclaimer:- I am not giving any stock recommendations. I am doing this analysis only for educational purposes. So before taking any trade and investment do your analysis and consult your financial analysis.
Hindustan UniliverThis FMCG Alpha is looking good for a short run. On daily charts there is a rounding bottom formation. While on technical Indicator front 20 DEMA is crossing above 200 DEMA and RSI is trending bullish, which shows strength in the stock. Buy at 2608 with a targets of 2730 and Stop Loss of 2450.
HUL ready for upside move we get huge profit on sell trade On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
hindunilvr Monthly and daily price analysis
Hello traders
presenting to you HINDUNILVR analysis
price consolidating from last 3 years
i am assuming for break out in upside
in this chart left side is MONTHLY
and right side is DAILY
so in any case weekly closing happen above 2800
which is around 5.5% from current price
than buy in any retracement between 2500 to 2800
stop loss 2350
Target 4100
hindunilever longhindustan unilever is in monthly demand zone,, whci means that big financial instituy\tions were willing to buy the this stock at the current prices.. so that there must be pending buy orders left over in this zone.. there is high possiblitity that price might bounce from here.. mindful of the fact that this is a n aggressive trade .. its only for educational purpose
HUL is approaching a strong support zoneHUL is approaching a strong support zone. Stock has multiple times respected the support zone. Stock trading in a range since June, 22. Expecting a bounce back in the stock. However is stock fails to hold the support, we may see major downside and bearish mood in the stock. I will look for support confirmation. I would also avoid shorting, as the overall market is bullish and would not want to go against the broader trend.
HINDUSTHAN UNILVRHUL can take a u turn with good targets as it is sustaining at a nice support
Entry above 2588-2590
with a stop loss at 2565
for obvious swing trade targets like 2620, 2640, 2660
Note: if any trade or value thats gone from the place we decided to enter then thats not our trade wait for it to come back or let it go
I am not sebi registered this is my personal view