Lever of Market"This is my trading journal, not a trade recommendation. I Will be Posting and updating the ideas regularly, as market progresses, only for educational purposes for me and others who want to benifit from my experince.
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Trading in the stocks market or futures markets is on e of the riskiest forms of investments available in the financial markets and suitable for sophisticated individuals and institutions. The possibility exists that you could sustain a substantial loss of funds and therefore you should not invest money that you cannot afford to lose. Nothing in this analysis is a recommendation to buy or sell stocks or futures and I shall not be liable for any loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from the use of this analysis or reliance on such information. Consult your financial advisor prior to investing is stock market.
This is one person’s experience, your experience may differ. Past perfomance is not gaurantee of future gains.
HINDUNILVR trade ideas
Hindunilvr - Intraday / Swing Trade SetupHindunilvr CMP - 2404.25
Looking bullish in higher time frame. One can go for Intraday / Swing Trade setup with the following entry, exit & targets
Buy at or Above 2413 - 2415 / Stop Loss 2400
Target 1 - 2424
Target 2 - 2430
Target 3 – 2435 / 2440
Swing Target - 2550 - 2600 / Stop Loss 2260
Disclaimer: This is my view and for educational purpose only.
Hindunilvr - LongHindunilvr CMP - 2256.15
Looking bullish and range breakout in higher time frame. One can go for Intraday / Swing Trade setup with the following entry, exit & targets
Buy At or Above 2257 / Stop Loss 2244
Target 1 - 2267
Target 2 - 2277
Target 3 - 2288 / 2300
Disclaimer: This is my view and for educational purpose only.
HUL Bullish CMP 2185HUL- CMP 2184. 20EMA crossed 50EMA just recently and it gained bullish momentum. MACD crossover done on last trading session it entered positive territory which is positive. RSI also crossed resistance zone and shall go up. Can be taken with SL of 2115 for a target of 2220, 2328, 2388, 2495. General momentum presently in FMCG sector also will be another factor for taking longs in the counter. For educational purpose only can take experts opinion before investment.
Is HUL gonna give next breakout? Here is the past trend and breakout of India's evergreen FMCG Hindustan Unilever. If we compare year on year financials it shows almost 15-20% growth in revenues as well in Net profits. But it's still hanging around below expected levels as compare to growth card and potential surge in market demands after pandemic.
Maybe it's time for banking and other industries. But it looks like by end of 3rd quarter HUL surely gonna cross resistance shown in chart.