HINDUSTAN UNILEVER

6 mag 2020

GSK will be doing a stake sale tomorrow in HINDUSTAN UNILEVER the price could be between 1950-1850. As per Harmonic Trading Pattern study 1825-1850 has a bullish Crab. It also would be a retest of the rising trend line from where it had made a Bullish Cypher earlier this year. The reversal from high's was picked via a bearish Ichimoku set up which had completed its downside target. (link mentioned below) Now the possibility of a bounce back and/or continuation of uptrend within the rising channel.