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Hindustan Unilever

Discussion in 'Technical Analysis' started by verenmitter2001, Mar 7, 2013.

  1. verenmitter2001

    verenmitter2001 Member

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    Hi shabbir
    How about shorting this stock below 435

    Regards
    Veren
     
    verenmitter2001, Mar 7, 2013
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  2. shabbir

    shabbir Administrator Staff Member

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    Perfect levels
     
    shabbir, Mar 7, 2013
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  3. pravin_g

    pravin_g New Member

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    HUL has formed a bottom around 435 which was also a strong support. Following a positive run up for some days and a close above 480 may create a buying opportunity here with a SL of 435
     
    pravin_g, Mar 26, 2013
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  4. shabbir

    shabbir Administrator Staff Member

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    I don't see the bottom. It is lower bottom lower top.
     
    shabbir, Mar 26, 2013
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  5. saptarshi_sachin

    saptarshi_sachin Responder

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    Hi All,

    I'm bringing this thread back after sometime.
    What do you think of Hind Unilever as this point of time?
    Can one initiate shorts on HUL ? What are you seeing on the charts, technically?

    My View:
    HUL has gone up too much and seems over-bought, also results were not great. I have initiated shorts in HUL at around 670. What should I do now? Hold it for the time-being? I'm little confused with the way HUL is behaving.
     
    saptarshi_sachin, Jul 26, 2013
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  6. shabbir

    shabbir Administrator Staff Member

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    My view is buy with SL of 580 because things are not good for this stock but price speaks everything. It is not always what has happened that reflects in price but what can happen.
     
    shabbir, Jul 27, 2013
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  7. saptarshi_sachin

    saptarshi_sachin Responder

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    Hi All,

    As I had told earlier above, I had initiated shorts in HUL.
    Booked profit today....
    Also, 640 PE zoomed from 18 to 27.

    Happy trading :)
     
    saptarshi_sachin, Jul 29, 2013
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    shabbir likes this.
  8. vishuhd1

    vishuhd1 Member

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    HUL has held the 580 & 600 grounds very well and has consolidated for over 2 months now.. It seems to be making a big "W"... The second leg is in the making though.. Can we take long positions in this anticipating a "W"?... Please share your thoughts..
     
    vishuhd1, Oct 23, 2013
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  9. saptarshi_sachin

    saptarshi_sachin Responder

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    I witnessed a massive spike in HUL today from 600 levels to 641 levels, it spiked up suddenly and shot up to 641-643 in about 10mins. Immediately after that, it lost ground and came back to 614.

    HUL has consolidated well in the region of 590-600.
    I think this wild move is due to upcoming results of HUL on Oct 26. Please share your thoughts also on whether one can enter HUL at current levels with tgt of 640+ and sl of 590 ?

    :)
     
    saptarshi_sachin, Oct 23, 2013
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  10. srspriya06

    srspriya06 Active Member

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    In my point of view it is safe to buy above 675 bcos the "W" is incomplete.
     
    srspriya06, Oct 23, 2013
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  11. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    ????
    Are u talking about HINDUSTAN UNILEVER LTD.

    If so please check the level.
     
    sanjay_sansanwal, Oct 24, 2013
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  12. shabbir

    shabbir Administrator Staff Member

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    Yes but make sure your stop loss is strict at 590 or 580.
     
    shabbir, Oct 24, 2013
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  13. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    wrong reply,
    sorry, human error.
     
    sanjay_sansanwal, Oct 24, 2013
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  14. monilhathi

    monilhathi New Member

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    HUL Formed a W- Good to buy

    HUL has formed a W pattern, good to buy if 620 acts as support
     

    Attached Files:

    monilhathi, Jun 22, 2014
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  15. verenmitter2001

    verenmitter2001 Member

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    I think we should wait as it has run up very steeply.

    Veren
     
    verenmitter2001, Jun 22, 2014
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  16. shabbir

    shabbir Administrator Staff Member

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    Yes but wait for couple more trading session to see if the support holds or not and if W is held or not.
     
    shabbir, Jun 23, 2014
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