About meEngineer, retail investor passionate about patterns and pursuits.
Corrections and healthy are welcome.
Besides engineering, and investment, satire and sarcasm at demo_press (on twitter and insta) is my interest.
From my understanding of the charts, Hindustan Unilever has dropping below 50 days moving average and touching 100 days moving average with RSI well within oversold levels indicates the completion of a cycle of profit booking.
Historically, Hindustan Unilever has respected the 100 days moving average line as a firm support level and hasn't faltered more than 7%...