Company:- Hindustan Unilever (HUL)
Sector:- FMCG
M Cap:- 5.58T
Purpose:- Educational
Analysis:- Due to over-extended the FMCG index stocks like HUL and many more have fallen from the top of almost 8% to 12%, For the last few days, bottoming out formation has been taking place in the FMCG index and its heavy-weight stocks. In my view, the FMCG index has bottomed out and its heavy-weight stocks are now preparing to go up and "HUL" is also one of them. So if you also want to become a professional stock market technical analyst like me and want to become a profitable trader like me then contact us today and follow me on social media platforms.
Long @ 2385, Stop-Loss @ 2345, Upside target@ 2500, 2620 then 2760
Disclaimer:- I am not giving any stock recommendations. I am doing this analysis only for educational purposes. So before taking any trade and investment do your analysis and consult your financial analysis.
https://in.tradingview.com/chart/CNXFMCG/ohj7QMBa-Nifty-FMCG-Index-preparing-to-bottoming-out/ohj7QMBa
Sector:- FMCG
M Cap:- 5.58T
Purpose:- Educational
Analysis:- Due to over-extended the FMCG index stocks like HUL and many more have fallen from the top of almost 8% to 12%, For the last few days, bottoming out formation has been taking place in the FMCG index and its heavy-weight stocks. In my view, the FMCG index has bottomed out and its heavy-weight stocks are now preparing to go up and "HUL" is also one of them. So if you also want to become a professional stock market technical analyst like me and want to become a profitable trader like me then contact us today and follow me on social media platforms.
Long @ 2385, Stop-Loss @ 2345, Upside target@ 2500, 2620 then 2760
Disclaimer:- I am not giving any stock recommendations. I am doing this analysis only for educational purposes. So before taking any trade and investment do your analysis and consult your financial analysis.
https://in.tradingview.com/chart/CNXFMCG/ohj7QMBa-Nifty-FMCG-Index-preparing-to-bottoming-out/ohj7QMBa
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.