Hindustan Unilever Ltd Technical Analysis Indian Stock MarketHindustan Unilever Ltd Technical Analysis Indian Stock Market
Hindustan Unilever is Indias largest fast-moving consumer goods (fmcg) company with a historical presence in India of over 80 years. Nine out of ten Indian households use one or more of its brands to feel good, look good and get more out of life, giving them a unique opportunity to contribute towards a brighter future for its customers and consumers.
Indianstockmarket
Crash or no crash?In this screencast I review a number of indices: the ACWI, US30, NASDAQ100, India50, Japan225 and SPUBYUP.
The picture is pretty grim. Some say that the world is heading into a deep recession that's likely to be worse than 2008. Some of course say 'no chance'.
The India50 and the Brazil60 are the two main indices, yet to take a nose dive.
The India50 is showing some signs of weakening.
ACC making Descending Triangle -Does bottom still to come?Hello Guys,
ACC making Descending Triangle and my technical observation said that Bottom is still not found. Should be dump hard in a couple of weeks or a month.
What is a Descending Triangle?
Ans:
The descending triangle is a bearish continuation sample. The sample is usually found in a downtrend. There are few times the pattern is seen during an uptrend acting as a reversal sample but is considered as a bearish sample irrespective of where it occurs. The descending triangle is likewise referred to as right angle triangle because of it shape. The horizontal line acts as a region of guide. it's far as if there may be heavy shopping for hobby at this degree stopping the stock from falling similarly. it is the lower highs alongside the declining trend line that signals greater promoting pressure and gives the pattern its bearish characteristic.
The technical goal is arrived at through computing the vertical top of the sample and including this height to the breakout point. it can also be computed by means of drawing a line parallel to the base of the triangle through the trough of the primary correction.