HINDUSTAN UNILIVER STOCK HAS MADE IT'S LIFETIME HIGH ON 07-NOV-2019 WITH HIGH MOMENTUM BEARISH CANDLE, WHICH IS ALSO HEAD OF UPWARD SLOPING HEAD & SHOULDERS.
ALSO THERE IS BEARISH DIVERGENCE IN RSI AT THAT PRICE RANGE, MARKED WITH RIGHT ARROW. HEAD & SHOULDERS IS REVERSAL PATTERN WHICH HAS OCCURRED AT THE OF THE CHART. STOCK CAN MOVE UPWARD TO RETEST AQUA BLUE HEAD & SHOULDERS NECK LINE @ 2020 RANGE AND FROM THERE WE CAN LOOK TO SHORT FOR THE TARGET AT LOWER DAILY STRUCTURE SUPPORT @ RANGE NEAR 1810 WITH THE STOP ABOVE RIGHT SHOULDER @ 2110 (AROUND).
ALSO THERE IS BEARISH DIVERGENCE IN RSI AT THAT PRICE RANGE, MARKED WITH RIGHT ARROW. HEAD & SHOULDERS IS REVERSAL PATTERN WHICH HAS OCCURRED AT THE OF THE CHART. STOCK CAN MOVE UPWARD TO RETEST AQUA BLUE HEAD & SHOULDERS NECK LINE @ 2020 RANGE AND FROM THERE WE CAN LOOK TO SHORT FOR THE TARGET AT LOWER DAILY STRUCTURE SUPPORT @ RANGE NEAR 1810 WITH THE STOP ABOVE RIGHT SHOULDER @ 2110 (AROUND).