Hindustan Unilever - Bullish reversal from support

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Note: This is for educational purpose only. Please do not trade in F&O based on this analysis.

There seems to be a bullish engulfing at support and seems to be a bullish reversal. Moreover, there seems to be a RSI divergence as well.
The relative strength compared to Nifty seems to be weak though which is a negative point.

SL: 2250 INR

Penafian

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