HINDUSTAN UNILEVER LTD.
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Hindustan Unilever

95
27July21:
Added this defensive stock today to my portfolio. Have not participated in this bullish cycle until now.

Trade setup:
Weekly: 50EMA providing good support for years. Stock is moving in HH - HL formation (wedge formation) or ascending triangle. Respecting the trend line as well (solid pink line at bottom). All these factors to good confluence.
Entry = 2340 INR
Stop loss = below the trendline (solid pink line)
Target = 2600 INR
RR > 3.5
Be patient with the stock!
交易結束:目標達成
20Aug21: reached 2599 INR today. Booked my profits. Trade closed.
交易結束:目標達成
reached a high of 2630 INR on 20Aug21. Satisfactory trade for me! :)

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