Hello traders
presenting to you HINDUNILVR analysis
price consolidating from last 3 years
i am assuming for break out in upside
in this chart left side is MONTHLY
and right side is DAILY
so in any case weekly closing happen above 2800
which is around 5.5% from current price
than buy in any retracement between 2500 to 2800
stop loss 2350
Target 4100
Note
i am not a Certified registered analysistthis is just my observation for practice and learning purpose of chart reading,
Must take advice from your financial advisor before trade
Note
any related query allow me to answerif this idea is use full
like and share also follow and comment your thought about this analysis
Note
price retesting today breakout level on dailyNote
stop loss 2350 is still alive so hope alive until stop loss didn't triggeredRelated publications
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.