HINDUNILVR trade ideas
Buy Hindustan Unilever target 🎯 2800Buy Hindustan Unilever target 🎯 2800 but it's is above major breakout level
Hindustan Unilever Hindustan Unilever daily view move positive break further expectations as on chart mention line ..
HUL - Rising wedge pattern breakout in 1W TFChart is self explanatory.
Don't invest and trade blindly.
HINDUSTAN UNILEVER @ IMPORTANT LEVELHINDUSTAN UNILEVER @ IMPORTANT LEVEL. Break Out for the Red Zone and Channel today with Good Volume. I will enter in coming days if price shows any Bullish Momentum.
Hindustan Unilever27July21:
Added this defensive stock today to my portfolio. Have not participated in this bullish cycle until now.
Trade setup:
Weekly: 50EMA providing good support for years. Stock is moving in HH - HL formation (wedge formation) or ascending triangle. Respecting the trend line as well (solid pink line at bottom). All these factors to good confluence.
Entry = 2340 INR
Stop loss = below the trendline (solid pink line)
Target = 2600 INR
RR > 3.5
Be patient with the stock!
My View on HindunilvrHindunilvr should give trendline breakout above 2488-2490.
Traget 2500-2520-2530++++
Price ActionTrend lines can be used to trade, if it closes beyond those trend lines trade can be taken respectively
HINDUSTAN UNILEVER - SYNCHRONIZED RSI BEHAVIOURWatch!!
Whenever the RSI hits the LL band, we see a massive move in HUL price!
We have the same set up this time, followed by a 200EMA support.
hindustan uniliver channel makeNSE:HINDUNILVR
hidustan uniliver has mad a channel from past few months so if it crosses the channel from above it can go on a potential upaward rally.
HINDUNILVR 4HRCONFIDENCE Of DAILY & 4HR Bullish BAT STRONG Zone
second bar close is lower than the first bar high then the lower volume on second bar so which will be tested in the body of first bar
Buy
HINDUNILVR Daily Bullish BAT ..VERTICAL DOTTED LINE is Ultra high volume down bar
Higher volume-Professionals are buying into the public selling
Withiin 3-5 price bars PATTERN need to be get confirmed from a BULLISH CANDLE with RSI Above 30
POTENTIAL BUY
POSITIOAL LONG VIEW #HINDUNILVR BO RE - TEST LEVLS 2352POSITIOAL LONG VIEW #HINDUNILVR BO RE - TEST LEVLS 2352
BUY HINDUNILVR RANGE 2345 - 2355
STOP LOSS BELOW 2300 CLBS
TARGET 2420 2453 2473 2500 2550 +++
Cup & Handle Formation at Hindustan UnileverHindustan Unilever HINDUNILVR has formed a cup & handle pattern.
HUL One Year Consolidation soon coming to an end Symmetrical triangle nearing to its point for breakout. With earnings result on Thursday. It can produce good results
Hindustan Unilever We can clearly see a flag formation and breakout with good volume along with retracement .
Strong resistance just above at the zone marked .
Be cautious.
HUL - Long - awesome RR Ratio HUL building up momentum. Thanks to lockdown opening up, HUL seems to be gearing up for a big target. Strong volumes around 2525 suggest institutional buying. Long HUL above 2525 with Volume and strength for target of 2690 / 2850. A small SL @ 2470. Great RR ratio. Close above 2525 with volume and strength looks high probability for mentioned target.
Hindustan Unilever , Flag & Pole in 1HOn a 1 hour chart a pole & flag pattern is seen , it is actually inside a channel pattern on a daily chart so keep your eyes wide open on this .
Simple price action, no Jazz!
