Hindustan Unilever - Bearish Breakdown - Wedge

Hindustan Unilever has given a bearish breakdown from a falling wedge pattern on Hourly chart. Positional Short position should be initiated on the counter.

Targets: 2085/1940
Stoploss:2340

Trade closed: target reached:

First Target of 2085 is met.

One can keep today's high as trailing SL to wait for the second target of 1940

Trade active:

First Target of 2085 is met.

One can keep today's high as trailing SL to wait for the second target of 1940

Comment:

Second Target of 1940 has also been met. Exit with profits.

Trade closed: target reached:

Exit with profit.