HUL falling wedge in 1 Hour Time frame
This is a follow up on my previous post on HUL, (You can check that in related Idea field below).
Having a 4 year long support, We can witness that this stock is forming a falling wedge pattern in 1 hour time frame. We can take entry ONLY if it closes strongly above the resistance trend line drawn in this chart.
NOTE : This holds true only if NIFTY/SENSEX holds its position.
Disclaimer - I am not a SEBI registered adviser. All the information provided by me are for educational/informational purposes only
Having a 4 year long support, We can witness that this stock is forming a falling wedge pattern in 1 hour time frame. We can take entry ONLY if it closes strongly above the resistance trend line drawn in this chart.
NOTE : This holds true only if NIFTY/SENSEX holds its position.
Disclaimer - I am not a SEBI registered adviser. All the information provided by me are for educational/informational purposes only
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