HINDUNILVR trade ideas
HUL: Long position mid term (35% returns)HUL has give a strong breakout today (with heavy volume) against its trendline (blue). The price has been in a downtrend since July 2023 forming a rounding bottom pattern with neckline at 2700 and bottom at 2200. The target based on the pattern is 3200 (Upside of 35%) .
Fundamentally, the company is strong and has grown consistently. The P/E valuation and EV/EBITDA are at multiyear low. The stock has been under time correction mode for the last 3 years. The inflation is expected to come down in the coming quarters which will help revive the sales and boost the earnings going forward. The rural demand has picked up as well. All the drivers should set the stock rallying to new ATHs.
Targets:
1) 2450-2500 (range)
2) 2650-2700 (range)
3) 3200
Risks: Given the Nifty has been under selling pressure, there's a risk of this breakout to not push all the way to the targets creating another round of sideways price action.
MACD Crossover Swing Trade๐ Script: HINDUNILVR
๐ Sector: FMCG
๐ Industry: Personal Care - Multinational
โฑ๏ธ C.M.P ๐๐ฐ- 2231
๐ข Target ๐ฏ๐ - 2362
โ ๏ธ Stoploss โ ๏ธ๐ซ - 2172
๐ Script: KPIL
๐ Sector: Capital Goods - Electrical Equipment
๐ Industry: Transmission Line Towers / Equipment
โฑ๏ธ C.M.P ๐๐ฐ- 1206
๐ข Target ๐ฏ๐ - 1272
โ ๏ธ Stoploss โ ๏ธ๐ซ - 1176
๐ Script: CHENNPETRO
๐ Sector: Refineries
๐ Industry: Refineries
โฑ๏ธ C.M.P ๐๐ฐ- 942
๐ข Target ๐ฏ๐ - 999
โ ๏ธ Stoploss โ ๏ธ๐ซ - 912
๐ Script: POWERGRID
๐ Sector: Power Generation & Distribution
๐ Industry: Power Generation And Supply
โฑ๏ธ C.M.P ๐๐ฐ- 281
๐ข Target ๐ฏ๐ - 298
โ ๏ธ Stoploss โ ๏ธ๐ซ - 272
๐ Script: NATCOPHARM
๐ Sector: Pharmaceuticals
๐ Industry: Pharmaceuticals - Indian - Bulk Drugs
โฑ๏ธ C.M.P ๐๐ฐ- 999
๐ข Target ๐ฏ๐ - 1069
โ ๏ธ Stoploss โ ๏ธ๐ซ - 965
โ ๏ธ Important: Always maintain your Risk & Reward Ratio.
โ
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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Happy learning with trading. Cheers!๐ฅ
Short Term buying Opportunity in $NSE:HINDUNILVR Dear Traders,
I hope this message finds you well. I am reaching out to provide you with a crucial update regarding our particularly concerning NSE:HINDUNILVR
After thorough analysis and consideration of market trends and stock performance indicators, we have identified an opportune entry point for initiating a Buy position in this stock
The entry level for initiating a Buy position is set at 2250-2260, Stop Loss 2200, Target 2340 and 2380 . We believe this price point presents a favorable opportunity to capitalize on potential upward movements in the stock's value.
It's important to note that involves inherent risks, and as such, we recommend exercising caution and conducting your own due diligence before making any investment decisions.
This message is for informational purposes only and should not be considered financial advice. It is crucial to conduct thorough research or consult with a financial advisor before making any investment decisions. We do not guarantee the accuracy or completeness of the information provided.
Thanks and Regards
Cup and Handle - Hindustan UnileverHindustan Unilever has successfully validated a cup and handle pattern and is well on its way to 3600 levels, which would be the first obvious target.
Stoploss levels would be 2400, although I would personally use ATR or Supertrend or 50DEMA as a trailing stoploss from here on.
That said, please do follow appropriate risk management and position sizing principles.
HINDUNILVR--Demand Zone @2300 ??This stock is trading in a range bound from long time...
facing resistance on top at 2720 levels, and finding support at 2440 levels multiple times.
on bottom side at 2300, we have great demand zone.
look for buy when price comes to these levels.
A drop base drop, may be possible in this stock...wait until price breaks the trendline and wait for retest then look for short.
or buy when price test this demand zone.
HINDUNILVR NSE:HINDUNILVR
One Can Enter Now !
Or Wait for Retest of the Trendline (BO) !
Or wait For better R:R ratio !
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low.
2. R:R ratio should be 1 :2 minimum
3. Plan as per your RISK appetite and Money Management.
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
Smart Trading with HINDUNILVR: Daily Demand Zone PlayLet's break down the trading maze and focus on HINDUNILVR. We've got a potential opportunity, and I'll guide you through the simple steps.
๐ What's Up with Daily Demand Zone?
HINDUNILVR has taken a dip and landed in its daily demand zone. This is where the action begins. Check this out โ the daily chart shows a breakout from a trend line, a big deal in our trading world.
๐ Trend Line Breakout: Big Move Alert
On the daily chart, we saw a trend line break. That's like the starting whistle for a significant move. Now, the stock's taking a breather with a retest โ it's checking if the breakout was legit.
๐ Zooming In: 5-Minute Chart
Now, switch to the 5-minute chart. It's like zooming in with a magnifying glass. Guess what? We spotted a bullish engulfing pattern. Sounds fancy, right? It just means the stock might be ready for a U-turn.
๐ The Simple Plan
No need for complicated stuff. Here's the plan: When the stock's price goes above the highest point of that engulfing candle, hit the buy button. We're aiming for yesterday's closing price. To play it safe, set a line in the sand (stop-loss) below 2497.5.
๐ Candle Magic in Small Timeframes
In simpler terms, seeing a bullish engulfing pattern in the 5-minute chart is like finding a treasure map. It gives us more confidence in buying from the daily demand zone.
๐ฏ Quick Recap of the Plan
Buy When: AT highest point of the engulfing candle.
Target: Yesterday's closing price.
Safety Net (Stop Loss): Below 2497.5.
๐ Trade Smart, Keep It Simple! ๐๐