mmjimm

H&S pattern in HINDUNILVR ???!!!!

Corto
mmjimm Actualizado   
NSE:HINDUNILVR   HINDUSTAN UNILEVER
Chart depicts the situation...

Strong DOJI candle on 9th december(day candle) with volume at perfect resistance level shows some sort of lag in bulls approach, which may leave space for bears to get back to go through a down swing move inside the triangular primary channel.(clearly seen in weekly time frame)

Now, coming to 2hr time frame,
1. Head and Shoulders pattern (right shoulder in progress..)
2. Entry can be after breakdown after the right shoulder.
3. Risky entry can be now....with a SL ON 2HR CANDLE CLOSING ABOVE 2721.
4. Target levels as mentioned in chart.


Let's wait and watch ...how it moves...!!!

Note- just sharing my view....not a tip nor advice!!!
Comentarios:
Going good....stick on to the levels!!!
Operación activa
Comentarios:
2hr breakdown again...tmrw chances of volatile move!!!
Operación cerrada: objetivo alcanzado:
still looking bearish!!!
Comentarios:
May take support at the green line shown in chart....2450 level!!!
Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.