According to Fibonacci
T1- Rs.100.9
T2- Rs.103.45
T3- Rs. 106.25
SL- Rs. 95.55
Analysis-
1)- Cup and Handle formed after today's session and their is clear uptrend indication
2)- RSI is trying to regain its position to 70 in next session it could may fall for breakout
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Hindustan Unilever Limited is the Indian subsidiary of Unilever which is a British-Dutch multinational company. It is headquartered in Mumbai, India. Its products include foods, beverages, cleaning agents, personal care products.
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@varun23oct @Dishantsingla2
A Bullish Marubozu has formed which indicates an uptrend.
TP 1 = 887.10
TP 2 = 899.25
TP 3 = 914.65
SL = 807.75
CMP = 874.60
Note :- It can be a risky trade because it is currently trading at its 52 week high
Dr.REDDY
Stock price: DRREDDY (NSE) ₹4,302.20 +250.85 (+6.19%)
In this chart RSI shows overbought and pivot R3 are upto level...there is no breakout...so...it may go down trend in future.
Itsmy point of View and if it is wrong or to add other view point please share.@varun23oct