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BharatJhunjhunwala

HUL retraced from an importan resistance zone. Fall to continue?

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HINDUSTAN UNILEVER (NSE:HINDUNILVR)  
BharatJhunjhunwala  
NSE:HINDUNILVR   HINDUSTAN UNILEVER
Trend Analysis Chart Patterns Technical Indicators hindustanunilever nifty50 BANKNIFTY rsi_overbought macdivergence ichimokuforex bharatjhunjhunwala options
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trendanalysis chartpattern indicator hindustanunilever nifty50 banknifty rsi_overbought macdivergence ichimokuforex bharatjhunjhunwala options
HINDUSTAN UNILEVER LIMITED: The stock had a fabulous run in the last few months. In the last few weeks, the stock displayed a loss of momentum and correction occurred. Now the stock took a hit at an important pivot and corrected. The stock has minor support at 1995 – 2000 levels below which there may be a further correction to 1920 levels. However, a move above 2100 will negate the corrective view and the stock may continue the trend up.
Bharat Jhunjhunwala
MFTA,CMT,CFTe,MSTA
www.prorsi.com
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