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Harivalady
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Hindustan Unilever forms cup and saucer pattern
HINDUNILVR
, 60Long
HINDUNILVR: Hindustan Unilever forms cup and saucer pattern

Hindustan Uniliver forms a cup and handle pattern in one hour chart. Once it crosses 2150, long can be initiated. Bottom of the cup is at 1955. So by definition, price can go up by 195 points. This is based on pure chart pattern. If there is any adverse news flow or other developments, the pattern may fail. Please do your own analysis before trading.

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