Hindustan UnileverIt has given a breakdown below the rising wedgeon daily charts, one can go short on this counter and set targets using Fibonacci levels
Trade ideas
HINDUNILVR (Hindustan Unilever Ltd) SELL BELOW 2130HINDUNILVR (Hindustan Unilever Ltd) SELL BELOW 2130
HINDUNILVR (Hindustan Unilever Ltd) BUY ABOVE 2185HINDUNILVR (Hindustan Unilever Ltd) BUY ABOVE 2185
Hindustan Unilever HINDUSTAN UNILEVER:
FLAG PATTERN AND ROUNDING-BOTTOM PATTERNS ARE Observed.
Analysis:
It may complete rounding bottom pattern(in Yellow color) and if it breaks upward we can observe an upward Movement of Stock.
Case-2:
It goes till 2052 and can see an downfall Movement.
1052. RSI. VHSP plus NR7+IB Plus positive vol.Looks biased towards buy side. let see, whether market provide the buy side breakout or not?
Trade towards breakout side either buy or side for intraday purpose only with 2% gain and 1% Sl.
SL compulsory
HINDUNILVR, Hindustan Unilever - Breakout on RectangleNSE:HINDUNILVR
Clear breaking of the rectangle in this action in the Indian market.
It would be much more interesting if this impulse had been a little less intense to be able to enter Long in this trade, so that the Yield Risk would have that percentage on the allocation we are looking for, that is at least 300/400%.
We keep it under observation, however, as always, to be critical in the right way with ourselves, and eventually find other profitable strategies.
finance.yahoo.com
Long hinduthan lever --cmpLong hinduthan lever --exit if the candle closinig prices falls below the zone
Hindunilever approaching resistancehinduniv approaching all time high will buy if it breaks the resis, below the support it may go down for some days
expecting the price will come to 1432NSE:HINDUNILVR forms Double top and then Head and shoulder , expecting the price will come down to 1432 within 1 or 2 months time period.
Hindustan UnileverLines say it all...
Possible upmove from here...
Supports in yellow.
If upmove done, then targets in green.
Hindunilvr Potential Breakdown from an upward Sloping TrendlineHindunilvr is trading close crucial support at 1700 which coincides with an upward sloping trendline. A decisive break below could trigger a correction towards 1600-1500 in the short to medium term. This could be negated with a move above 1800.
Hindustan Unilever Ltd Technical Analysis Indian Stock MarketHindustan Unilever Ltd Technical Analysis Indian Stock Market
Hindustan Unilever is Indias largest fast-moving consumer goods (fmcg) company with a historical presence in India of over 80 years. Nine out of ten Indian households use one or more of its brands to feel good, look good and get more out of life, giving them a unique opportunity to contribute towards a brighter future for its customers and consumers.
