Awsome FMCG stock. available at very low risk price.
Bullish candle on weekly time frame followed by gud volume.
Also supported by both the key moving average. (20 & 200 MA) on daily time frame.
Product of the company HUL use by all of us. as we are user of this stock product.
so i have great conviction in this stock.
SL -2442
It has gud potential for upside...
Stock is looking in momentum with upward direction and ready to the move for the levels of 2700 and above after breakout of 2570 levels very soon. Keep an eye...
#Heavyweights are ready to take off to move market Up ....20200 break soon 🚀🚀
Hindustan Unilever Limited (HUL) is one of the biggest FMCG companies of India it is part of global British giant Unilever group. Its products include foods, beverages, cleaning agents, personal care products, water purifiers etc. Hindustan Unilever Limited (HUL) is India's products touch lives of nine out of ten households in the country. Hindustan Unilever...
as we know that from many days large cap stock are not giving movement and HINDUNILVR is also not giving movement for many days but now looking at structure we can see that it is forming base near its support area so in a upcoming days we may see a good upside.
Hinduniliver is at multi-support level.
This is the level where it took support multiple times in the past and bounced from it.
Considering the previous price action, chances are that prices might bounce from these levels again.
Hence with a small stop loss, a long trade can be taken in this stock.
I have drawn a downsloping trendline along the previous peaks,...
Rsi divergence in daily frame giving an opportunity in swing.. hul is a giant. .no need of introduction.. can enter now for swing with stoploss below 2400 for targets 2570 and 2720+... trade on your own risk
This fundamentally stable gaint looks great on weekly timeframe to give potential return. It is currently trading at strong support level. we can consider aggregating some positions in it.
On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
Those who missed to catch train at the level of INR 2000, I believe this a good time to buy HUL CMP 2480.
After breakout my first target 3400 and second target 4450. F
Further panic selling can be seen below 2400, long buyers do not hesitate to average with quantity based on your risk apatite.
Stock break support neckline
Price below all DEMA
Setup look like a falling knife 🔪
Death crossover done on chart
MACD Bearish crossover done
RSI Bearish
Sentiments is Bearish.
Disclaimer This is my personal view for education purpose only.
NSE:HINDUNILVR could grab the trend line liquidity and go for the ob which was the base to broke a supply. but the SL is tricky flip zone entry so watchout
This stock has consistently found support around the 2500 level on multiple occasions. Currently, it appears poised for an upward move.
If it opens lower, the likelihood of a continued downward trend is relatively low. Even if the price were to break below the support, it may not be a signal to initiate a short position. The probability of an upward move remains...
