Hi fellow traders,
Check out this Hindustan Unilever chart. It has taken its sweet time to retrace making a slingshot pattern (Don't know official name). I am bullish on this chart for intraday as well as for a week where my entry point will be 2450 and SL will be 2420. So, for intraday my profit is 2500. And for weekly trading it is 2700.
Let me know what you feel. You too will be updated about my thoughts throughout tomorrow's trading session.
Disclaimer: This is my analysis and I does not responsibility of any profit or loss executing this suggestion. Even though I will be taking the same trade tomorrow, do your own analysis.
Stay tuned for such daily chart analysis.