HUL can be seen following this trendline from the year 2017.
Formation of HH & HL in continuation.
If HUL breaks this trendline we can see reversal in momentum.
If the trendline acts as support again we can go for long trade.
Buy above 2350 if bullish candles form with good volume.
Sell below 2320 if it breaks the trendline with good volume.
Market sentiment is quite bearish so avoid buy side trade.
Also In daily time frame you may see a CUP HANDLE FORMATION.
STOCK LOOKS BEARISH AS QUARTERLY RESULTS ARE INTO NEAGTIVE FIGURES
CAN BE A GOOD STOCK FOR SHORT SIDE TRADE.
50 EMA CROSSOVER OVER 200 EMA WHICH IS BEARISH SIGN.
HOPE YOU LIKE MY ANALYSIS.
Formation of HH & HL in continuation.
If HUL breaks this trendline we can see reversal in momentum.
If the trendline acts as support again we can go for long trade.
Buy above 2350 if bullish candles form with good volume.
Sell below 2320 if it breaks the trendline with good volume.
Market sentiment is quite bearish so avoid buy side trade.
Also In daily time frame you may see a CUP HANDLE FORMATION.
STOCK LOOKS BEARISH AS QUARTERLY RESULTS ARE INTO NEAGTIVE FIGURES
CAN BE A GOOD STOCK FOR SHORT SIDE TRADE.
50 EMA CROSSOVER OVER 200 EMA WHICH IS BEARISH SIGN.
HOPE YOU LIKE MY ANALYSIS.
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免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。