TradingView
IIT-Trader
Jan 18, 2024 5:01 PM

HINDUNILVR--Demand Zone @2300 ?? 

HINDUSTAN UNILEVERNSE

Description

This stock is trading in a range bound from long time...
facing resistance on top at 2720 levels, and finding support at 2440 levels multiple times.
on bottom side at 2300, we have great demand zone.
look for buy when price comes to these levels.

A drop base drop, may be possible in this stock...wait until price breaks the trendline and wait for retest then look for short.
or buy when price test this demand zone.
Comments
Pixel-Trader
Great Analysis,thanks for sharing
IIT-Trader
what do you think about this idea??
More