HINDUNILVR trade ideas
HINDUNILVRNSE:HINDUNILVR
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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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HINDUSTAN UNILEVER : NR7 candle on mid bolinger band#HINDUNILVR given +ve result on 21st July since stock is falling due to profit booking and covid19 uncertainty.
Today stock bounce back from the mid bolinger band and closed above 2191 support level. Today stock form the NR7 candle that can change into gap UP/Down opening tomorrow session.
Level 2175 is critical level if stock will break it then next support will be 2145 and 2066.
Resistance : 2300 and 2400
Breakout : 2223
LTP : 2194.55
Breakdown : 2175
Support : 2145 and 2066
(Disclaimer: This is only for educational purpose and paper treading. Learn and take advice from you financial advisor)
Simple & Effective Breakout Trade #NiftySimple things and analysis make money in this market rather than filling your screens with patterns and indicators, A clear breakout is is visible in HUL after few trading sessions in 4 Hour chart , its clear coming out of its range now and heading towards creating new higher highs.