The technical charts of Hindustan Unilever Limited is displaying an entry opportunity.
On a daily basis, the chat reveals a cup and handle pattern, and the stochastic indicator does not suggest any overbought conditions. Therefore, one might contemplate purchasing at the current levels (INR 2550) with the goal of securing a 5% profit within the next 3 months.
| Entry | 2560 |
| Timeline | <3 Months |
| Target | 2700 |
| % Profit | ~ 5.5 % |
| Caution | 5% – 10% of Total Capital |
| Comments | Cup and handle & Stocastic |
Please excuse my drawing skills.
Cheers
Fintuber
