Hindustan Unilever to trade in bearish channel

27 בנוב׳ 2016

Hindustan Unilever has been trading in down trend and trading in bearish channel respecting support and resistance. it closed last week touching channel resistance and it seems to reverse towards channel support up to 792.00, traders may go short in Hindustan Unilever and enter at CMP with small stop loss if breakout occurs upside but chances are thin to go upward.