HINDUNILVR - GO SHORT FOR A GREAT RR BY 17 JULYHINDUNILVR - GO SHORT @ 2218 WITH A SL OF 2287 AND A TARGET OF 1950. TARGET SHOULD BE ACHIEVED BY 17 JULY 2020
HINDUNILVR trade ideas
Hindustan Unilever from 4 July 2020The stock was moving in sideways channel --> it broke with very much difficulty
It is now showing signs of spring entry ...
Multiple red candle touched the breakout level and now a jump in price is seen ... possibly showed retest of resitance zone ...
Main trade setup can be expected ...
1. Buying ITM CE --> why ITM because if price decrease we don't want to lose to time decay .
2. Selling OTM PE --> this OTM PE can be sell .. price on safe side can be should be below Support Zone (green)
HUL ABOUT BIG MOVEHUL MAKING TRIANGLE PATTERN.AGGRESSIVE BUYERS CAN TAKE ENTRY ABOVE MIDDLE LINE WITH SL OF BREAKOUT BAR'S PREVIOUS BAR'S LOW FOR TARGET OF NEXT BLUE PRICE RANGE BOX.30 MINUTE CHART,WITH MACD CONFIRMATION.IF YOU LIKE MY IDEA PLZ SHARE AND LIKE WITH YOUR BESTIES.
HINDUNILVR making rising wedge pattern on daily charts !HINDUNILVR is about to touch the triangle. Great long idea at 2110-2120 for target of 2200+
HINDUSTAN UNILEVER BREAKS TRENDLINEHindustan unilever has broken trend line might show uptrend the green lines are resistance levels. *I do not have much idea about FMCG sector so kindly do your own research before taking any position*
HAHAHAHA LET'S GO!! JAI HIND
HUL - Bullish only if close above 2117NSE:HINDUNILVR currently struggling in the supplyzone. A close above 2117 can put it in bull trend
BUY THE BREAKOUT..Follow up on the Weekly chart..
2024 may happen just to long squeeze the highly leveraged degenerates :)
CROSS 2190 and we really pick up speed ...
targets on the chart.
2107-3200 by 18th October ? Weekly graph One of the popular one's with good liquidity , looking good on the lower time frame which i shall upload next.
As for now expecting a touch of the trend line again and range tightening with our friend the 200 day acting as support.
Looking at swing and possible intra day opportunity shall set some alerts for this .
HINDUSTAN UNILEVER LIMITEDHINDUNILVR showcases the onset of the downtrend with the current gap down opening. The stock was in a bullish uptrend followed by a consolidated between a span of two weeks in the 2090-2130 range.
The current level (2085-2090) can be termed as both resistance and support because the price is trying to break above it. If price closes above this level as of today, the stock might again go into consolidation.
If not, the price can fall to the lower support levels:-
SUPPORT LEVEL 1 (2010-2015)
SUPPORT LEVEL 2 (1960-1970)
If the price falls to these levels, accumulation should be carried out.
THANKS
P
Close Watch on #hindustanulileverKeep a close watch, as EMA 121 plays a important role on this stock. currently the price is trading in that range. Even there is a price range in stock from last few days. Which ever side it breaks there after we can follow the trend. (Maintain strict SL)
