HINDUSTAN UNILIVER BEARISH ROTATION
HINDUSTAN UNILIVER STOCK HAS MADE IT'S LIFETIME HIGH ON 07-NOV-2019 WITH HIGH MOMENTUM BEARISH CANDLE, WHICH IS ALSO HEAD OF UPWARD SLOPING HEAD & SHOULDERS.
ALSO THERE IS BEARISH DIVERGENCE IN RSI AT THAT PRICE RANGE, MARKED WITH RIGHT ARROW. HEAD & SHOULDERS IS REVERSAL PATTERN WHICH HAS OCCURRED AT THE OF THE CHART. STOCK CAN MOVE UPWARD TO RETEST AQUA BLUE HEAD & SHOULDERS NECK LINE @ 2020 RANGE AND FROM THERE WE CAN LOOK TO SHORT FOR THE TARGET AT LOWER DAILY STRUCTURE SUPPORT @ RANGE NEAR 1810 WITH THE STOP ABOVE RIGHT SHOULDER @ 2110 (AROUND).
ALSO THERE IS BEARISH DIVERGENCE IN RSI AT THAT PRICE RANGE, MARKED WITH RIGHT ARROW. HEAD & SHOULDERS IS REVERSAL PATTERN WHICH HAS OCCURRED AT THE OF THE CHART. STOCK CAN MOVE UPWARD TO RETEST AQUA BLUE HEAD & SHOULDERS NECK LINE @ 2020 RANGE AND FROM THERE WE CAN LOOK TO SHORT FOR THE TARGET AT LOWER DAILY STRUCTURE SUPPORT @ RANGE NEAR 1810 WITH THE STOP ABOVE RIGHT SHOULDER @ 2110 (AROUND).
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.