HINDUNILVR trade ideas
Hindunilvr, BreakoutProtecting 1400 --the previous top, this stock will be a big thing for coming months as the expected breakout is anything to go by. The stock is in strong bull market, a premium stock.
HINDUNILVR v close to a major highHINDUNILVR v close to a major high .. build shorts until 1500 target atleast 1300
HindUnilvr, S&RPlease refer to earlier post on this stock. Support and Resistance: These levels of Support and Resistance is to decide the bullish momentum remaining intact in near term.
HUL, Golden CrossHindUnilever: I am studying 25 years chart of this stock to find unfolding of a great bullish trend. (Trading View provides chart from 2009 onwards). From 1997 to 2007 price consolidated in a narrow range. After 10 long years, a powerful breakout took the price to new heights till 2014. From 2014 to 2017 price again consolidated and then broke out once more.
Observations:
a) Negative cross of 50 DMA and 200 DMA could not cause serious harms. Rather bulls availed golden chances.
b) Positive cross of 50 DMA and 200 DMA always created great investment opportunities.
c) In January 2018 a negative divergence gave a correction to price but trend remained intact.
d) On 9th March 2018 a positive divergence heralded the end of this medium term correction.
If market favors, price can reach previous high at 1405, which is the immediate resistance.
Hindustan Unilever #HINDUNILVR Indian Stock buy setup at weeklyHindustan Unilever #HINDUNILVR Indian Stock buy setup at weekly demand level around 924.
Very strong departure. Previous weekly demand at 771 played out nicely
Hindustan Unilever inside a flag pattern!!Market analysis: The price is now trading inside a flag pattern, One the market breaks the flag we can enter a long entry. So lets wait and see what the market does in the coming days. Cheers!
abcd bearish harmonic pattern on weekly chartHUL near its long term resistance zone...poor result expected
HINDUSTANLIVER Double Top trade.It's a faily simple idea, shot hindunilvr on the completion of 1hr candle with high as stop and 869 as the first target.
Descending Triangle : HINDUNILVR Weekly - Waiting for BreakoutHINDUNILVR is ranging from 2015 and formed good descending triangle and we can notice that there are 3 touches by price on both the trendlines of triangle.
Measure of Triangle is about 200 pts , So when we fix targets we can expect around 200pts and this is Medium term trade idea, so this can take time to breakout and trade can progress over few months after we enter the trade on breakout direction.
Entry - On the Breakout direction
Stops - Opp. to Breakout Direction or based on ATR
Target - Measure of Triangle's height from breakout candle
Its Trade Idea only, take trades after analysis. Happy Trading !
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HUL - Bullish BATStock seems to have completed bullish bat and fresh longs may be taken here with SL 802!
