Hindustanunilever
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
HUL Hindustan Unilver IndiaYou really want to leave free money?? some of the famous brands--
so whenever you buy these products, you are helping the company grow!!
www.hul.co.in
SOAPS---
Dove, Lux, Lifebuoy, Pears, Hamam, Lyril, Rexona,
DETERGENT
Surf Excel, Wheel, Comfort
SHAMPOO / SKIN CARE
Clinic Plus, Sunsilk, Fair & Lovely, Pond's, Lakmè, Vaseline,
BEVERAGE/ TEA
Bru, Taj Mahal, Lipton, Brooke Bond,
TOOTHPASTE
Close up, Pepsodent
MISC
Cornetto Icecream
Kisan ketchup,
Annapurna atta,
Magnum icream
Nifty 50 Stock Analysis Series - 6th stock - HUL:Nifty 50 Stock Analysis Series - 6th stock - HUL:
---------------------------------------------------------
** Daily Timeframe**
1. This stock is trading in a channel pattern for many months.
2. Support and Resistance are increasing gradually for many months.
3. Currently trading below 200 moving average.
4. Ideal candidate for long-term (10 years) SIP investment - buy one stock every month, irrespective of price.
5. Now, trading at the support price of the channel and likely to reverse and go up.
6. Channel height is around 15%. I've verified at different dates, specified in charts.
So, if you want to quick money, go for swing trading with a 15% target.
7. Date range between support and resistance is around 60 trading days - close to three calendar months.
8. With this logic, if we enter now with a target of 10%, then we can exit in 60 days @ Rs.2700
9. Entry and Targets are specified in charts.
Note:
I'm not recommending buying this stock. This is for education purposes.
This is my view, based on my learning.
Please do not trade without your own conviction.
Please invest after careful research. I'm not responsible for your profits/losses.
- Gnanasekaran
Hindustan unilever on retracement for strong bullish on fundamental analysis for HUL is very strong sudden growth in non current assets
on technical analysis
price action for HUL follows the same Pattern of 16 SEP 2019
now chart shows same depth of curve of 20% to 16% to 10%
entry price :-2460
stop loss :- 2375-2400 (some case institutional will buy so it will retrace to 2375 )
target 1 ( swing traders ) :- 2843
target 2 ( 6 months trades):-3171
for investors just watch and enjoy you returns
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.
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