VKTheIndianTrader

HINDUSTAN UNILIVER LTD - BULLISH VIEW - TARGET 2626 - AUG 10

Long
NSE:HINDUNILVR   HINDUSTAN UNILEVER
HUL looks bullish considering recent breakfast . It will be retested and by 10th August expecting the target to be achieved 2626 which is its fresh supply zone.
RSI reached 60 on my setup of 50 period and trend showing aggressive curve for more buying. Expecting sideways move of slow distribution at higher levels and retest. Then should start is downtrend. It it breaks 2650 then should reach All Time High
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