HINDUNILVR trade ideas
HUL ::: at Critical JunctureHUL is just closed above a horizontal support line and also respected a weekly ascending trendline... Most likely it should reverse from here giving a buying opportunity...
But if it breaks the 2119 level with strong volume then chances of a more down movement is high...
Note: Analysis for education purpose and not a recommendation for investment...
Hindustan Unilever - BuyBottom formation has happened. Higher high and higher low today with both days green candles with ROC nearing zero from below and stochastic coming out of oversold zones. The falling Wedge was broken today and the stock went up with rise in volumes.
General short term trend of Nifty also up with FMCG doing well.
Buy HUL with a 3-4 day target of 2285 and short term target of 2430.
Hindustan UnileverHere is my Technical analysis of HUL
Full video link is available on the below link
Please consider this as a Learning purpose only, we won't provide any recommendation, please consult with your financial advisor before making any decision.
Hindustan un Good morning traders market is filling
And we don't wear the Stop but we follow the
Price action and now trand is down than we
Need to look for sell apprentice in this stock
Wait for pullback
Happy trading
HUL at demand zone May trap in sideways for consolidation or can show upmove to continue long-term uptrend.
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.
HINDUNILVR should be upShould observe today, if it's not going below 2200 should buy and hold for reward
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)
Rally started in hindustan UnileverShown proper rejection in one of the good demand zone. Expecting 2450+ in 2 months. Please find chart for demand zone marking
Hind lever (2269)-short term trend is positive. Hind lever (2269)-short term trend is positive. Consider buying with support 2230 for target 2360
