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furious50
Dec 10, 2021 2:26 PM

Hindustan Unilever forms fallen wedge /head shoulder pattern 

HINDUSTAN UNILEVERNSE

Description

the chart is been consolidating since few days and is on up move. these are my findings please feel free to correct/recommend/advice on the same.
Comments
JoeChampion
Excellent work!
mySON_is_a_failiure
thanks, seems this counter is on resting mode for some time.
mySON_is_a_failiure
what will be the expected /adjusted price, based on your technical analysis?
furious50
@mySON_is_a_failiure it should adjust to the mentioned support, but if it breaks it will go down or can give false break, However, next weeks 3 days will help us identify the real movement of this stock
furious50
after head and shoulders formation the price could break, but it is sustaining till now which is a good sign, the above prices ie. shoulder price should be an entry then
furious50
best safe entry : 2520
furious50
Thank you Sir
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