HUL- This elephant may dance
HUL was trading in a channel shown in chart for last 3 months. It recently showed a breakout from this channel. Current pattern shows retest of the channel. If this is successful, we may see HUL scaling new heights.
Recent budget announcements are in a way beneficial for FMCG sector.
You can keep it in watchlist. If it sustains above channel, investors can buy it with a stoploss at lower end of channel.
This is not a buy/sell recommendation.
This post is only for educational purpose.
Kindly consult your financial advisor before investing.
Use strict stoploss and money management rules.
Happy Trading!!
Recent budget announcements are in a way beneficial for FMCG sector.
You can keep it in watchlist. If it sustains above channel, investors can buy it with a stoploss at lower end of channel.
This is not a buy/sell recommendation.
This post is only for educational purpose.
Kindly consult your financial advisor before investing.
Use strict stoploss and money management rules.
Happy Trading!!
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Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.