HINDUNILVR
HindUnilvr Structure BreakHi Traders,
Previous Structure Break Kindly Avoid GapUp
15 min Chart Make descending triangle pattern so be careful
Plan B in comment Box
Simple & best techniques for Trading called S&D Zone easy to understand for making Profitable Trade. Believe Price Action, has the potential to change your trading lives.
Thanks & regards
Sakthi
Interesting Observation <> HINDUNILVR / NIFTY1st Chart: HINDUNILVR/ NIFTY
2nd Chart : NIFTY
HINDUNILVR/ NIFTY is almost a mirrorimage of NIFTY. I plotted various other stocks against NIFTY but cound't see any such pattern. One thing that can be derived is, whenever NIFTY goes down, HINDUNILVR usually maintains the level and in many cases it starts to move up. Example - recent fall of NIFTY.
Let me know what you think! Please do hit me with other interesting observations you saw in the market.
HINDUNILVR Following symmetrical TriangleHINDUNILVR Following symmetrical Triangle after breakout above 2375 can give good move in upside & will touch 2400 -2450 -2500
HINDUNILVR HUL has been consolidating for a couple of days now between 2375-2320. Any breakout on either side can give good momentum and profits. Worth keeping in ones watchlist for a possible swing trade.
Hindustan unilever Symmetric triangleone can take intraday position at the two line mentioned ,Always make decision at any imp levels so that you can keep minimum stoploss and maximize the gain
HINDUNILVER -Could be good breakout tradeHindunilever
Price structure and price action both look good on hourly, daily, and weekly timeframe.
Any breakout above the trendline could bring fresh buying in the stock and may take prices towards 2480 - 2500 levels.
HINDUNILVR - Double bottom - Intraday/Very short term tradeThe above analysis is done purely on basis of chart patterns and price action.
The analysis is done on 30 min TF hence target can be achieved in intraday or in a couple of days.
Trade logic with, entry strategy, SL and Target is explained in image itself.
Don't chase the price. Always plan your trade & trade your plan
Keep trailing SL accordingly once entered into the trade.
This analysis is purely for education purpose. Kindly do your own study before entering into any trade .
Also check out my other ideas to understand how price action works and how it can be used to make regular profits without any complex strategies.
Feel Free to comment for any queries regarding the above stock or price action analysis in general.
HULThe stock has taken important support at trendline in weekly chart. It can test its 2400 levels. Stoploss should be 2205. ( personal due diligence advised)
UNILEVER On good support point can we see what I See ?It is a VERY GOOD R:R ratio trade a good reaction created at current price marking bullish nature can extend the rally to upper black line.
HUL Bullish CMP 2185HUL- CMP 2184. 20EMA crossed 50EMA just recently and it gained bullish momentum. MACD crossover done on last trading session it entered positive territory which is positive. RSI also crossed resistance zone and shall go up. Can be taken with SL of 2115 for a target of 2220, 2328, 2388, 2495. General momentum presently in FMCG sector also will be another factor for taking longs in the counter. For educational purpose only can take experts opinion before investment.
HUL very nice formation -CUP AND HANDLE and Support by GANNHUL after good results, looks to be forming a cup and handle at the trend line. Supported by GANN numbers look to be a buy at cmp as a bounce is expected.
Bullish Butterfly in HINDUNILVR in 1Hour time frame.Hello,
Bullish Butterfly in HINDUNILVR in 1Hour time frame.
Note: This chart is for reference and study purpose only.
Excepting next moves in FMCG #HUL Since April only sector(FMCG) not performed compare with other sectors. we can expecting this sector will bring mark upside.
