Hindustan UniLever, here you Go!HUL is the market leader in FMCG sector, completely debt free and is known to provide good returns on equity. Despite the current pandemic, it is able to maintain it's operating margins significantly.
HUL is giving a very strong signal for an upcoming trend reversal. It can move either ways forming a descending pattern. Crossovers suggest that its been selling weak lately and likely to move up. Also, it's trading at 50% retracement level. The chances are more likely that it would go up since the company is fundamentally strong. As a recommendation, I would suggest it's better to wait for a strong breakout which is technically on cards and can happen real soon.
HINDUNILVR trade ideas
HINDUSTAN UNILEVER Good Entry BuyI am a consultant for anyone who needs a consultant, I see that HINDUSTAN UNILEVER will rise in the next few hours when the market opens
NB:
1, When you decide to use my ideas in your trading, please contact me to inform you of some things and monitor the position together without specifying a take profit or stop loss, we will decide when to open and close the position
2 (When I set the take profit and stop loss in a number that does not mean that the price will reach it, I gave a buy or sell signal only according to the analyzes I made in the chart and delete it later, in the order to share it with you so that you have a clear picture and read it clearly, thank you!)
HINDUNILVRNSE:HINDUNILVR
LEVELS HAVE BEEN MARKED, PLEASE REFER CHART, FEELING LAZY TO UPDATE.
**********************************************************************************************************************************************
Hi all,
Its pleasure to have you all here.
I have started putting these charts as a contribution from my side to all people who are new to business, as I had to struggle a lot without any sources at disposal. So please consider this a just small contribution from my side.
Few Honest Disclosures:
1. Any idea shared is my personal view, its not a recommendation, neither any kind of paid propaganda, so please
do your bit of research.
2. Ideas shared does not mean that I trade all or have position in them, this is just a helping hand to all.
3. I expect no comments or like nor any negativity, as I said its just a small helping hand from my side, please plan your risk and trade as per your capacity.
4. To trade in Cash, options or futures is your sole choice and your own risk
5. I am no expert in Tech Indicators, I believe in support resistance and trendline theory, you may use this as a supplement theory for better results.
6. I work for my own living, this is a hobby which I do sincerely to help anyone who might come across my charts.
***********************************************************************************************************************************************
HINDUSTAN UNILEVER : NR7 candle on mid bolinger band#HINDUNILVR given +ve result on 21st July since stock is falling due to profit booking and covid19 uncertainty.
Today stock bounce back from the mid bolinger band and closed above 2191 support level. Today stock form the NR7 candle that can change into gap UP/Down opening tomorrow session.
Level 2175 is critical level if stock will break it then next support will be 2145 and 2066.
Resistance : 2300 and 2400
Breakout : 2223
LTP : 2194.55
Breakdown : 2175
Support : 2145 and 2066
(Disclaimer: This is only for educational purpose and paper treading. Learn and take advice from you financial advisor)