HUL is just closed above a horizontal support line and also respected a weekly ascending trendline... Most likely it should reverse from here giving a buying opportunity...
But if it breaks the 2119 level with strong volume then chances of a more down movement is high...
Note: Analysis for education purpose and not a recommendation for investment...
But if it breaks the 2119 level with strong volume then chances of a more down movement is high...
Note: Analysis for education purpose and not a recommendation for investment...
Note
HUL took support on the weekly support line just what we expected and analyzed, Keep monitoring it on a daily time frame
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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.
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.