HINDUNILVER -Could be good breakout trade
Updated
Hindunilever
Price structure and price action both look good on hourly, daily, and weekly timeframe.
Any breakout above the trendline could bring fresh buying in the stock and may take prices towards 2480 - 2500 levels.
Price structure and price action both look good on hourly, daily, and weekly timeframe.
Any breakout above the trendline could bring fresh buying in the stock and may take prices towards 2480 - 2500 levels.
Note
2500 levels in the very short - term, and sustaining above the breakout levels, can open new levels on the upside i.e 2570 -2600.
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