HINDUNILVR
HINDUNILVR AT SUPPORT !!!Hello to everyone
Hindunilvr tradind near demand zone ..2420--2460. If price respects this level than We can see a reversal from the support level in coming days.If price taken support from the support level than we can see target of 2525--2600++ In next coming day's.
If price breaks the level of 2620 than support level will breakdown and price can move towards the downside.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad.
Head and shoulder pattern HINDUNILVRHey dear....is this head and shoulder pattern.? I think, no need to give answer everyone sure about it.
Hindunilvr made this pattern also red candles crossed down side. If I'm right then hindustan Unilever will bounce back from previous swing.
Know more...let's see...
HINUNILVRNSE:HINDUNILVR
One Can Enter Now ! Or Wait for Retest of the Trendline (BO).
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose!
#Emamiltd #HINDUNILVR #ITC #DABUR #BRITANNIA #MARICO #NESTLEIND NSE: EMAMILTD
CMP: 486.35
Target 596 ~23%
Stop Loss: 450 Trailing
RR > 3
Tf 6M.
NSE:EMAMILTD
Factors:
BULLISH WEDGE BREAKOUT
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
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With 💚 from Rachit Sethia
Hindustan Unilever, Daily time frame analysisNSE:HINDUNILVR
Analysis In daily TF : currently it is in confusion zone, and most bearish for short term
bullish view : only when there is a breakout with the resistance zone
bearish view : there are couple of observations, 1, its consolidating 2. below 200 ema , 3. pattern : bearish flag, 4. below strong sell zone (resistance )
Disclaimer: This is for educational purpose only. Any buy or sell is not recommended. Please do paper trading before entering into market.
Hindustan Unilever This stock has formed Decending Triangle pattern and given Breakout with good intensity of volume. One can go Long at current levels or in dips (if any) with Stop-loss of 2200 for targets upto 2570.
Breakout with good intensity of volume
All the key levels are mentioned in chart
Macd in hourly positive
Macd in daily positive crossover
Rsi in hourly above 60 and uptick
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult your Financial advisor before trading or investing
HUL - Long - awesome RR Ratio HUL building up momentum. Thanks to lockdown opening up, HUL seems to be gearing up for a big target. Strong volumes around 2525 suggest institutional buying. Long HUL above 2525 with Volume and strength for target of 2690 / 2850. A small SL @ 2470. Great RR ratio. Close above 2525 with volume and strength looks high probability for mentioned target.