HINDUNILVR trade ideas
A Possible Breakout in Hindustan UnileverHUL ( NSE:HINDUNILVR ) has been forming a perfect falling wedge and there is the possibility of an upward breakout soon with target levels marked.
Buy HUL Above 2310 Sl 2275 Target Open Buy HUL Huge upside open, downside support at 2275, 2250 Final Support, upside 200 to 300 points in weeks time if crosses above 2355 with volumes.
hul short buying can be seen then again it will fellhul short buying can be seen then again it will fell
HUL is strong support at 2291HUL 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
Sell Hinduniliver @2510 for Target of 2180 sl 2650Sell Hinduniliver @2510 for Target of 2180 sl 2650
buy hul at cmpstay long on hul at current it is the most defensive stock and is a buy in current pandemic scenario .
HINDUSTAN UNILEVER , 15 & 75 Min Analysis . 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 .
Hindustan unilever Buy above 2400. 50 points target.
t's forming a double bottom in 30 min. wait for the neckline breakout and retest to enter.
Also, as per Elliot wave, it's the 5th wave. correction wave may start.
Longterm : HINDUNILVR go long; price range 280-350 BuyFor longterm investment: HUL looks to be in within the trend lines. HINDUNILVR go long; price range for buy 280-350.
HUL: Intraday sellHUL just hit fresh high. looking for a short sell and then buy from low levels. EVEN rsi states it as overbought.
Hindunilever Possible correction in near termCorrection is expected to complete Wave C. can correct up-to 1600 level
HINDUSTAN UNILEVER PRZ AWAITEDDISCLAIMER :
As a trader you should consider your own risk:reward ratio and do proper lot sizing according to your margin and leverage level.
Not every idea is a valid trade.
This analysis is a trading idea, not a trading signal for you.
My own trend direction estimation, entry point, stop loss and take profit levels are on the chart.
Good Lucks.
HINDUSTAN UNILIVER BULLISH GARTLEY FORMATIONHINDUSTAN UNILIVER STOCK HAS BEEN ON CONSOLIDATION IN H-1 AND LOWER TIME FRAME, WHICH GIVES US OPPORTUNITY TO TRADE ADVANCED PATTERNS ON THE CHART.
PATTERN: BULLISH GARTLEY
ENTRY BUY : INR 2141.40
STOP: INR 2126.85
TARGET-1: INR 2159.80
TARGET-2 : INR 2171.15
