jayaprakash99

Interesting Pattern in HINDUSTAN UNILEVER

NSE:HINDUNILVR   HINDUSTAN UNILEVER
HINDUSTAN UNILEVER (HINDUNILVR) has been trading in an interesting pattern for the last five years.
First, we can see how the stock has moved almost vertically from 2017 to 2018, and after that, though it moved vertically initially, it was in consolidation for nearly a year till 2019. Since then, the stock has seen its ups and downs but bounced off from the curved support line every time.

Let me know your thoughts on this pattern.

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