Hindustan_unilever
Hindustan Unilever This stock has formed Decending Triangle pattern and given Breakout with good intensity of volume. One can go Long at current levels or in dips (if any) with Stop-loss of 2200 for targets upto 2570.
Breakout with good intensity of volume
All the key levels are mentioned in chart
Macd in hourly positive
Macd in daily positive crossover
Rsi in hourly above 60 and uptick
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult your Financial advisor before trading or investing
HindUnilvr Structure BreakHi Traders,
Previous Structure Break Kindly Avoid GapUp
15 min Chart Make descending triangle pattern so be careful
Plan B in comment Box
Simple & best techniques for Trading called S&D Zone easy to understand for making Profitable Trade. Believe Price Action, has the potential to change your trading lives.
Thanks & regards
Sakthi
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
HINDUSTAN UNILEVER , 75 Min Elliott Wave Analysis .Elliott Wave Pattern Completed , Double Corrective Flat Followed By Zig Zag
Price Retraced 0.5 Of Its Impulse Wave .
Bigger Time Frame Trend Is Upside .
If Price Respect 2088 Level That Is 0.618 Fib Then It Will Give Big Upside Movement .
Last High Can Also Break .
Find A Bullish Setup Around Demand Zone (Marked Green)
Or Near 2088 Level .
Happy Learning .
HINDUSTAN UNILEVER , 15 & 75 Min Analysis . In 75 Min Chart That is Attached Below .
Price Retraced . 0.618
Impulse Completed .
Price Is In Demand Zone .
In 15 Min Price Break Consolidation Candle .
Buy Initiated @ 2380 ( 15 Min )
Sl 2345 Followed By 2286 .
Trade And Manage Your RISK : REWARD According To Your Risk Appetite .
happy Trading .