Took Breakout as analysed , one can take long position once it crosses 2100
Keep a close watch, as EMA 121 plays a important role on this stock. currently the price is trading in that range. Even there is a price range in stock from last few days. Which ever side it breaks there after we can follow the trend. (Maintain strict SL)
VIEWS AND SUGGESTIONS INVITED , VIEWS BASED ON 15 MINS CHART , THANKS
HUL is at breakout range at 2016 for long, stoploss at 1963. I am not a certified analyst, the charts shown here for study & learning purposes. Please share your views.
Elliott Wave footstep for Hindustan Unilever: If we look the Price is under the 5 impulsive wave with confirmation of 0.382 fib level at 4 the wave, If it Drops Continuously we can see price 1900 : 1850: 1750 as Well Alert: Those who can hold Their position and likely to think for long. Thanks
Elliott Wave Pattern Completed , Double Corrective Flat Followed By Zig Zag Price Retraced 0.5 Of Its Impulse Wave . Bigger Time Frame Trend Is Upside . If Price Respect 2088 Level That Is 0.618 Fib Then It Will Give Big Upside Movement . Last High Can Also Break . Find A Bullish Setup Around Demand Zone (Marked Green) Or Near 2088 Level . Happy Learning .
Negative divergence in uniliver makes it very weak for holding. Don’t buy this stock for now .its time for wait and watch till a bottom is formed
HUL trade at strong support zone at 2291. HINDUNILVER three times bounce back from this level. also may face resistance around 2409 level. so Wait and Watch condition
In 75 Min Chart That is Attached Below . Price Retraced . 0.618 Impulse Completed . Price Is In Demand Zone . In 15 Min Price Break Consolidation Candle . Buy Initiated @ 2380 ( 15 Min ) Sl 2345 Followed By 2286 . Trade And Manage Your RISK : REWARD According To Your Risk Appetite . happy Trading .
* Price Touching Bottom Of Channel , Retraced Almost 0.618 . * Neutral Candle With High Vol . ( Above It Go Long .) Happy Learning .
HUL just hit fresh high. looking for a short sell and then buy from low levels. EVEN rsi states it as overbought.
Hindunilvr has completed a perfect AB=CD on daily TF. After spending a considerable amount of time in consolidation it is read for upmove