HINDUNILVR LOOK OUT FOR THESE LEVELS!!! HINDUNILVR
CONDITION 1
Buy above 2129
IMPORTANT LEVEL: 2134 TO 2140
- If the price able to break this level with volume and convection add more quantity. Target: 2150/2160
- If the price is not able to break the level, you can sell the stock target 2120/2110
CONDITION 2
Sell below 2116
IMPORTANT LEVEL: 2110 TO 2100
- If the price able to break this level with volume and convection add more quantity. Target: 2089/2079
- If the price is not able to break the level, you can buy the stock target 2125/2135
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HAPPY TRADING
HINDUNILVR trade ideas
Go long if the resistance breaks on the closing basisHINDUNILVR Watchout on Black Line on Closing Basis for any opportunity to go long. Targets being the Red Trendline which is acting as a resistance if it breaks on a closing basis the Watch out for the green lines.
Reasons:
1. Resistance Zone Breakout
2. Fibo Supporting the move
HINDUNILVR - HINDUSTAN UNILEVERLET IT HOLD THE 2055 AND IF IT DOES THEN 2075 AND 2103 MAYBE
ELSE IT MIGHT BE DOWN TO 2020 AND 2002
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Hi all,
Its pleasure to have you all here.
I have started putting these charts as a contribution from my side to all people who are new to business, as I had to struggle a lot without any sources at disposal. So please consider this a just small contribution from my side.
Few Honest Disclosures:
1. Any idea shared is my personal view, its not a recommendation, neither any kind of paid propaganda, so please
do your bit of research.
2. Ideas shared does not mean that I trade all or have position in them, this is just a helping hand to all.
3. I expect no comments or like nor any negativity, as I said its just a small helping hand from my side, please plan your risk and trade as per your capacity.
4. To trade in Cash, options or futures is your sole choice and your own risk
5. I am no expert in Tech Indicators, I believe in support resistance and trendline theory, you may use this as a supplement theory for better results.
6. I work for my own living, this is a hobby which I do sincerely to help anyone who might come across my charts.
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HUL (Reversal on the Cards ?)A continuation idea from last week. A beautiful triangle and a trend line being respected. 2100 is a crucial level which the stock held last week. So in the future any breach of 2100 might indicate a good short.
However on Friday HUL saw some good bullish momentum and also broke the trend line marked in blue however it could not close beyond it. It will be interesting to see whether the stock breaches it tomorrow and continues it journey upwards or reverses towards the lower line of the triangle.
The 2100 level is also supported by the 200EMA so any breach as mentioned which be a breach of an important area, a consolidation and a long term EMA indicating a bearish trend.
Keep an Eye it should be interesting.
Hindustan Unilever (A Candidate for a Breakdown or a Reversal ?)HUL has been forming a triangle for quiet a while now. The markets have recently been looking weak and HUL currently is at a very crucial zone taking support at multiple support zones as well as on the 200 EMA. Any breakdown from these zones should ideally be followed with a strong price movement. The Risk Reward ratio looks pretty favourable with various EMA consolidating at a zone and there might also be a possibility of seeing a death cross in case the price moves further down.
With Nifty forming a Bearish Engulfing Pattern and the US markets witnessing a sell off, which side will you be looking for ?
Red Line- 200 EMA
Yellow Line- 50EMA
Green Line- 9EMA
HINDUSTAN UNILEVER - Long Term Holding NSE:HINDUNILVR
HINDUSTAN UNILEVER LCP 2170/-Rs
Pattern - Consolidation
Moving Average - Trading below 20/50 DMA
PE 74.10 Forward PE 60.24
Fair Value 1466.89/-Rs
Avg Brokers Target Price 2329/-Rs
Accumulate in Dips in Long Term View
Disclaimers: - The contents produced here are purely for Educational Purposes. They Should Not Be Constructed as Buy/Sell Recommendations
Financial Interest - Yes
HINDUNILVRNSE:HINDUNILVR
ITS ONCE AGAIN BACK TO CRUCIAL LEVEL OF 2190
IF SUSTAINS ITS GONNA HIT 2200, 2210,2223
BELOW THAT IT FATED TO REACH 2150
*************************************************************************************************************************************************
Hi all,
Its pleasure to have you all here.
I have started putting these charts as a contribution from my side to all people who are new to business, as I had to struggle a lot without any sources at disposal. So please consider this a just small contribution from my side.
Few Honest Disclosures:
1. Any idea shared is my personal view, its not a recommendation, neither any kind of paid propaganda, so please
do your bit of research.
2. Ideas shared does not mean that I trade all or have position in them, this is just a helping hand to all.
3. I expect no comments or like nor any negativity, as I said its just a small helping hand from my side, please plan your risk and trade as per your capacity.
4. To trade in Cash, options or futures is your sole choice and your own risk
5. I am no expert in Tech Indicators, I believe in support resistance and trendline theory, you may use this as a supplement theory for better results.
6. I work for my own living, this is a hobby which I do sincerely to help anyone who might come across my charts.
***********************************************************************************************************************************************
Hindustan UniLever, here you Go!HUL is the market leader in FMCG sector, completely debt free and is known to provide good returns on equity. Despite the current pandemic, it is able to maintain it's operating margins significantly.
HUL is giving a very strong signal for an upcoming trend reversal. It can move either ways forming a descending pattern. Crossovers suggest that its been selling weak lately and likely to move up. Also, it's trading at 50% retracement level. The chances are more likely that it would go up since the company is fundamentally strong. As a recommendation, I would suggest it's better to wait for a strong breakout which is technically on cards and can happen real soon.