HINDUNILVR trade ideas
HELLO HULHindustan Unilever (HINDUNILVR) has been underperforming against nifty since it took a hit on poor earnings. However, it now presents a low risk opportunity to go long on the stock.
The stock has been trading in a broad range of 2440-2700 levels for over a year now and is getting ready to bounce again from the lower level of the Range. The orange circles show the bottom formation in process, along with a visible RSI divergence.
The FMCG sector overall has been lagging behind as compared with the other sectors, and while there are many more opportunities in this sector, HINDUNILVR certainly seems to its hit its upper end of the range again and potentially make a new ATH.
My Stoploss on this trade would be 1.5 ATR (48 points), 1st Target would be anchored VWAP and resistance at 2568 while the 2nd target would be 2715 and final target as ATH above 2860-2900.
A good risk reward setup to pursue.
HINDUSTAN UNILEVERAwsome FMCG stock. available at very low risk price.
Bullish candle on weekly time frame followed by gud volume.
Also supported by both the key moving average. (20 & 200 MA) on daily time frame.
Product of the company HUL use by all of us. as we are user of this stock product.
so i have great conviction in this stock.
SL -2442
It has gud potential for upside . Follow strict SL & Proper RISK REWARD RATIO. This is the only holy grail in the market.
HUL ready to move for the levels of 2700 in short to mid term.Stock is looking in momentum with upward direction and ready to the move for the levels of 2700 and above after breakout of 2570 levels very soon. Keep an eye...
#Heavyweights are ready to take off to move market Up ....20200 break soon 🚀🚀
HUL striving for a comeback. Hindustan Unilever Limited (HUL) is one of the biggest FMCG companies of India it is part of global British giant Unilever group. Its products include foods, beverages, cleaning agents, personal care products, water purifiers etc. Hindustan Unilever Limited (HUL) is India's products touch lives of nine out of ten households in the country. Hindustan Unilever Limited (HUL) CMP is 2511.30.
The Negative aspects of the company High Valuation (P.E. = 57.30). FIIs are decreasing stake and MFs are decreasing stake. The positive aspects of the company are No debt, zero promoter pledge, FIIs are increasing stake, improving annual net profit and improving cash from operations annual.
Entry after closing above 2555. Targets in the stock will be 2592 and 2605. Long term targets in the stock will be 2716 and 2769. Stop loss in the stock should be maintained at closing below 2419.
The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
HINDUNLIVER - SUPPORT TRADEHinduniliver is at multi-support level.
This is the level where it took support multiple times in the past and bounced from it.
Considering the previous price action, chances are that prices might bounce from these levels again.
Hence with a small stop loss, a long trade can be taken in this stock.
I have drawn a downsloping trendline along the previous peaks, the break of which can take stock to 2640 levels in no time.
Current levels: 2468
Support levels: 2457- 2421
Target: 2640
Stop: Below 2400 ( as per risk capacity)
Hinduniliver HUL ready for fresh upside move On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
HUL - Available at lucrative price to buy and holdThose who missed to catch train at the level of INR 2000, I believe this a good time to buy HUL CMP 2480.
After breakout my first target 3400 and second target 4450. F
Further panic selling can be seen below 2400, long buyers do not hesitate to average with quantity based on your risk apatite.
HINDUNILVR--@Support??This stock has consistently found support around the 2500 level on multiple occasions. Currently, it appears poised for an upward move.
If it opens lower, the likelihood of a continued downward trend is relatively low. Even if the price were to break below the support, it may not be a signal to initiate a short position. The probability of an upward move remains favorable.
Consider maintaining a long position in anticipation of potential upside