Hindustan Unilever - Short

١٢ مايو ٢٠٢١

Unilever is moving in channel. Strong bearish red candle has pierced the 44 SMA. Short for lower targets to lower trend line.
Target : 2220; 2200.
Stop loss: 2402

١٢ مايو ٢٠٢١

ملاحظة

risk to reward is 1.5
Personally i wouldn't want to short a bluechip FMCG stock though

٢٣ مايو ٢٠٢١

ملاحظة

wait for price to reach lower trendline channel, then buy for an amazing 18-20% upside!