Hindustan Unilever Limited – Possible Reversal from Support Zone
🟢 Hindustan Unilever Limited – Possible Reversal from Support Zone
Timeframe: 1 Hour (Heikin Ashi)
Structure: Price approaching demand zone
🔍 Analysis:
The stock has been in a consistent downtrend and is now testing a strong support zone near ₹2400–₹2410.
Multiple rejections from this zone indicate buying interest at lower levels.
Immediate resistance zones are observed around ₹2480 and ₹2630.
If price sustains above ₹2435–₹2440, a short-term reversal toward ₹2480 could be expected.
⚙️ Trading Plan (for observation):
Entry Zone: ₹2410–₹2430
Target 1: ₹2480
Target 2: ₹2630
Stop Loss: Below ₹2390 (on closing basis)
🧭 Summary:
The structure suggests a potential base formation at the current demand zone. A breakout above ₹2440 may confirm a reversal toward higher resistances.
Timeframe: 1 Hour (Heikin Ashi)
Structure: Price approaching demand zone
🔍 Analysis:
The stock has been in a consistent downtrend and is now testing a strong support zone near ₹2400–₹2410.
Multiple rejections from this zone indicate buying interest at lower levels.
Immediate resistance zones are observed around ₹2480 and ₹2630.
If price sustains above ₹2435–₹2440, a short-term reversal toward ₹2480 could be expected.
⚙️ Trading Plan (for observation):
Entry Zone: ₹2410–₹2430
Target 1: ₹2480
Target 2: ₹2630
Stop Loss: Below ₹2390 (on closing basis)
🧭 Summary:
The structure suggests a potential base formation at the current demand zone. A breakout above ₹2440 may confirm a reversal toward higher resistances.
Transaction en cours
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.