Hindustan Unilever can reach to ₹3000 because of following reasons :
1) stock is a monthly pullback
2) stock is monthly demand
3) stock is reacting positively to monthly demand
20/4 educational purpose only
Hindustan unilever
cmp 2116.95
sl above 2167 (pivot/15m on 19/4)
sell on rise at around 2150 (vwap/15m at 2157.35 on 19/4)
s1 2149.75 / s2 2120.30 / s3 2103.05 / s4 2085.80
Technical Indicators: Sell
Sentiments(Average): Buy 31 % Sell 69 %
Maximum Call @2400 (Resistance)
Maximum Put @2000 (Support)
PCR is -0.21 which is...
- stocks has forming ascending triangle pattern.
-stock is forming a Shooting Star candlestick pattern at the resistance level.
-Stock break and sustain above 2530 Next level to 2610/2700/2800 levels .
OR
-Stock break and sustain below 2430 Next level to 2310/2210/2310 levels .
Hindunilever fut CMP 2054 - 15 Min analysis
Cup and Handle breakout - getting ready
Buy above 2060 - 15 min candle closing basis
for Target 2070-2080- 2090-3000+
Trying real hard to take support at previous breakout levels
Consolidating as of now. wait for it to breakout or breakdown...will update once it happens.
HINDUNILVR FUTURE (2182.35) Strong Support Zone @2180-50. Resistance Line at 2211 if Breakout Resistance Line and hold then go long for Levels - 2249/2299/2349.
VIEW NEGATED BELOW - 2184 (DCB).
