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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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.
Publications connexes
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.