HINDUSTAN UNILEVER : Updated Price Action

10 thg 7, 2023

Here are some pointers to keep in mind:

- One year-long consolidation.
- Clearly defined support and resistance.
- 6 Week consolidation at the resistance zone makes the resistance weak
- Recent breakout was prevented with a long upper wick. A.K.A Sellers present.
- Margin of Safety is a mere 6% ( CMP vs ATH)
- There is no clear winner yet as the signals are mixed.
- A break of the consolidation range may lead to zone-to-zone momentum



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1 thg 8, 2023

Ghi chú

Is Hindunilver gunning for Zone to Zone momentum? 2500 will be a factor.

11 thg 8, 2023

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We have reached the 2500 mark.

18 thg 8, 2023

Ghi chú

Strong Bullish Engulfing at 2500!

20 thg 9, 2023

Ghi chú

As mentioned in the Analysis "A break of the consolidation range may lead to zone-to-zone momentum". 2500 was definitely a factor but it failed to hold. The zone-to-zone momentum is done.

25 thg 9, 2023

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Looks like HUL needs to break first before it can rise again.

4 thg 12, 2023

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10 thg 12, 2023

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5 thg 1

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12 thg 1

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21 thg 1

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9 thg 2

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26 thg 2

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13 thg 3

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The level we were expecting is here:

15 thg 3

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12 thg 4

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Crucial price point:

19 thg 4

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24 thg 4

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Hindustan Unilever results are out. Here is a quick snapshot.
x.com/TheChartereds/status/1783160932241158450

7 thg 5

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17 thg 5

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4 thg 6

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4 thg 6

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5 thg 6

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20 thg 7

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