Failed double top breakout in Hindustan Unilever Go short if open flat or almost flat and cross level
HINDUNILVR trade ideas
Hindunilvr - LongHindunilvr CMP - 2256.15
Looking bullish and range breakout in higher time frame. One can go for Intraday / Swing Trade setup with the following entry, exit & targets
Buy At or Above 2257 / Stop Loss 2244
Target 1 - 2267
Target 2 - 2277
Target 3 - 2288 / 2300
Disclaimer: This is my view and for educational purpose only.
Hindunilvr - Bearish CrabHindunilvr has bearish crab on 4hr TF , Volume not supporting upmove. Short from PRZ . Targets on chart...
Go short if open flat or almost flat and cross level Go short if open flat or almost flat and cross level
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 Bullish CMP 2166HUL has turned bullish. Its RSI is in raising trend giving buying indication. It is trading above recent highs. Shall go up in short term f market does not fall badly.
Hindustan UniliverIts inside a triangle, most probably to break higher, for the time being Buy @ 2058 s/l 2045 tp 2120
Good Trading
Noufal Mandalil
Is HUL gonna give next breakout? Here is the past trend and breakout of India's evergreen FMCG Hindustan Unilever. If we compare year on year financials it shows almost 15-20% growth in revenues as well in Net profits. But it's still hanging around below expected levels as compare to growth card and potential surge in market demands after pandemic.
Maybe it's time for banking and other industries. But it looks like by end of 3rd quarter HUL surely gonna cross resistance shown in chart.
Hindustan Unilever - makes higher low in uptrend Hindustan Unilever is making a higher high and higher low on the weekly chart. it is has made a higher low recently and ready for the upward journey.
Hindustan Unilever AnalysisHindustan Unilever Broke a Important trend and can reach till 2000 which will be a good opportunity to Buy
