HINDUNILVR trade ideas
FORMATION OF TREND REVERSAL CANDLE
After moving in range give trend reversal Candle
15m watch CANDLE with volume.take entry for short term target up to 8 to 10 % .keep on radar.
It's closes to is 30 days moving avarage.
Hindustan unilever on retracement for strong bullish on fundamental analysis for HUL is very strong sudden growth in non current assets
on technical analysis
price action for HUL follows the same Pattern of 16 SEP 2019
now chart shows same depth of curve of 20% to 16% to 10%
entry price :-2460
stop loss :- 2375-2400 (some case institutional will buy so it will retrace to 2375 )
target 1 ( swing traders ) :- 2843
target 2 ( 6 months trades):-3171
for investors just watch and enjoy you returns
HUL - Wont go long here!!Look at this structure.
Price has always faced resistance at the channel top.
No suggestions to go long over this setup.
Motilal Oswal Report@Thakurji46 From Trader for Trader💸 Buying the Dips and Selling the Rips #TrendAnalysis📈 #PriceAction👨💻 #ChartPattern✍️
Buy Hindustan Unilever target 🎯 2800Buy Hindustan Unilever target 🎯 2800 but it's is above major breakout level
Hindustan Unilever Hindustan Unilever daily view move positive break further expectations as on chart mention line ..
HUL - Rising wedge pattern breakout in 1W TFChart is self explanatory.
Don't invest and trade blindly.
HINDUSTAN UNILEVER @ IMPORTANT LEVELHINDUSTAN UNILEVER @ IMPORTANT LEVEL. Break Out for the Red Zone and Channel today with Good Volume. I will enter in coming days if price shows any Bullish Momentum.
Hindustan Unilever27July21:
Added this defensive stock today to my portfolio. Have not participated in this bullish cycle until now.
Trade setup:
Weekly: 50EMA providing good support for years. Stock is moving in HH - HL formation (wedge formation) or ascending triangle. Respecting the trend line as well (solid pink line at bottom). All these factors to good confluence.
Entry = 2340 INR
Stop loss = below the trendline (solid pink line)
Target = 2600 INR
RR > 3.5
Be patient with the stock!
My View on HindunilvrHindunilvr should give trendline breakout above 2488-2490.
Traget 2500-2520-2530++++
Price ActionTrend lines can be used to trade, if it closes beyond those trend lines trade can be taken respectively
HINDUSTAN UNILEVER - SYNCHRONIZED RSI BEHAVIOURWatch!!
Whenever the RSI hits the LL band, we see a massive move in HUL price!
We have the same set up this time, followed by a 200EMA support.
hindustan uniliver channel makeNSE:HINDUNILVR
hidustan uniliver has mad a channel from past few months so if it crosses the channel from above it can go on a potential upaward rally.
HINDUNILVR 4HRCONFIDENCE Of DAILY & 4HR Bullish BAT STRONG Zone
second bar close is lower than the first bar high then the lower volume on second bar so which will be tested in the body of first bar
Buy
HINDUNILVR Daily Bullish BAT ..VERTICAL DOTTED LINE is Ultra high volume down bar
Higher volume-Professionals are buying into the public selling
Withiin 3-5 price bars PATTERN need to be get confirmed from a BULLISH CANDLE with RSI Above 30
POTENTIAL BUY
POSITIOAL LONG VIEW #HINDUNILVR BO RE - TEST LEVLS 2352POSITIOAL LONG VIEW #HINDUNILVR BO RE - TEST LEVLS 2352
BUY HINDUNILVR RANGE 2345 - 2355
STOP LOSS BELOW 2300 CLBS
TARGET 2420 2453 2473 2500 2550 +++
