HINDUNILVR trade ideas
Hindustan Unilever looking BullishHindustan Unilever Ltd looking bullish it breaks it's trendline and taking retest to its trendline there's a good opportunity to buy HUL and NIFTY correction is going to end very very soon so it's a good trade.
Disclaimer: I am not SEBI registered and this is for educational purposes.
SHORT HINDUSTAN UNILIVERAccording to me it's a excellent place to short " HINDUSTAN UNILIVER" chart is looking good and possibilities of breakdown.
1. Option Buyers can buy a June 2300 PE and hold it for 2140 level with 30/- SL.
2. Option sellers can sell June 2300 CE and hold it until 2150 level with a 30/- SL.
BEARISHIn the loving memory of my child Muffin I present you this chart analysis... ...please take trade after strong candle pattern confirmation or rejection from support/resistance ...if my chart analysis helps you and makes you smile then please do " LIKE" ... it will help me a lot and encourage me to do more hard work in chart fundamental and technical analysis ...
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Hindustan Unilever, Daily time frame analysisNSE:HINDUNILVR
Analysis In daily TF : currently it is in confusion zone, and most bearish for short term
bullish view : only when there is a breakout with the resistance zone
bearish view : there are couple of observations, 1, its consolidating 2. below 200 ema , 3. pattern : bearish flag, 4. below strong sell zone (resistance )
Disclaimer: This is for educational purpose only. Any buy or sell is not recommended. Please do paper trading before entering into market.
BREAK-OUT IN HUNDUSTAN UNILEVERHINDUSTAN UNILEVER
Stock has been facing the multiple trendline support and resistance in
weekly time frame chart. It's Short term trend is negative on daily and weekly time frame chart But
it's a strong uptrend on monthly time frame chart. Best Opportunity to take positions or to accumulate the stock at this attractive price levels.
DISCLAIMER- Disclaimer: This is for educational purpose only. This is not buying or selling recommendations. Please consult your financial advisor before taking any trade.
Hindustan Unilever HUL is trading well above its resistance zone of 2200-2207, got rejected from these levels multiple times. Breaking resistance with above average volumes as well as made cup n handle pattern on smaller time frame.
Buy with mentioned stoploss & mammoth target of 2500 in 2-3 trading sessions.