Hindustan Unilever Limited
Long
Updated

HINDUNILEVER, Long, near breakout of triangle

145
Traingle are continuation patterns, HUL has been in consolidation for 6months now.

Go long above 2208

Target1 = 2500 [Risk Reward 1: 3 ]
Target2 = 2850 [Risk Reward 1 : 6.5]

Stoploss: 2100.
Trade active
Entry at 2209 level.
Note
What a move !! Whole fmcg sector is going strong.

In 4days, price reached to the swing high of 2350.....targets of 2490-2570 are in sight.

snapshot

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.