Most traders love chasing green candles. Professionals study pullbacks — because they reveal who’s really in control.
🔎 What the Chart Shows (HUL)
Strong run-up July–Aug → clear trend.
Recent pullback into 2600 zone.
20 & 50 MA curling sideways → buyers losing some steam.
200 MA still rising → long-term trend intact.
✅ How to Use This
Weak pullback (low volume, shallow retrace): Often resumes trend.
Strong pullback (heavy selling, breaks 50MA): Trend shift risk.
Here → buyers defending near ₹2,590–2,600. A bounce above ₹2,642 could confirm strength.
👉 Lesson: Don’t fear pullbacks — read them. They tell you if trend is resting or reversing.
💡 Save this chart. Follow for daily technical education with trader psychology.
🔎 What the Chart Shows (HUL)
Strong run-up July–Aug → clear trend.
Recent pullback into 2600 zone.
20 & 50 MA curling sideways → buyers losing some steam.
200 MA still rising → long-term trend intact.
✅ How to Use This
Weak pullback (low volume, shallow retrace): Often resumes trend.
Strong pullback (heavy selling, breaks 50MA): Trend shift risk.
Here → buyers defending near ₹2,590–2,600. A bounce above ₹2,642 could confirm strength.
👉 Lesson: Don’t fear pullbacks — read them. They tell you if trend is resting or reversing.
💡 Save this chart. Follow for daily technical education with trader psychology.
Started like everyone else — chasing trends, ignoring risk.
Learned the hard way that survival beats prediction.
Now I share structured equity views and hedged options plays using Renko and macro context — built for consistency, not dopamine.
Learned the hard way that survival beats prediction.
Now I share structured equity views and hedged options plays using Renko and macro context — built for consistency, not dopamine.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Started like everyone else — chasing trends, ignoring risk.
Learned the hard way that survival beats prediction.
Now I share structured equity views and hedged options plays using Renko and macro context — built for consistency, not dopamine.
Learned the hard way that survival beats prediction.
Now I share structured equity views and hedged options plays using Renko and macro context — built for consistency, not dopamine.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.