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
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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
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First Target of 2085 is met.
One can keep today's high as trailing SL to wait for the second target of 1940
Comment
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Second Target of 1940 has also been met. Exit with profits.
One can keep today's high as trailing SL to wait for the second target of 1940.