HUL Channel Pattern
Hey traders,
Stock of the day: Hindustan Unilever (W)
Hindustan Unilever Limited is engaged in fast-moving consumer goods business.
*Technicals:
Parallel Channel pattern
One can buy 1-2 stock of HUL everyday (according to your capital size) so that you can average down the price
or once stock start momentum one can enter with full fledge qty.
SL below the Trendline...
*Fundamentals:
P/E: 70.51 | Sector P/E 47.84
Current price is more than the intrinsic value (usually common in FMCG Stocks)
HINDUNILVR
Stock of the day: Hindustan Unilever (W)
Hindustan Unilever Limited is engaged in fast-moving consumer goods business.
*Technicals:
Parallel Channel pattern
One can buy 1-2 stock of HUL everyday (according to your capital size) so that you can average down the price
or once stock start momentum one can enter with full fledge qty.
SL below the Trendline...
*Fundamentals:
P/E: 70.51 | Sector P/E 47.84
Current price is more than the intrinsic value (usually common in FMCG Stocks)
HINDUNILVR
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