Technical Views:HUL and JP Associate

By | July 19, 2011 10:30 am

Hindustan Unilever

HUL is showing a classical example of Giving a Breakout@330 Levels than rallying till 348 and after that making a pullback back to breakout levels of 330.


Consolidation after a breakout is  good for stock technically.


So shall a Buy be done in HUL for Short term ?

Buy around 330 Sl 324 Tgt 335,344 and 348




JP Associate is taking support of its upper trendline channel and also trading in a small range facing resistance around 78 levels

and support @76 levels.


Stoch has given a buy as moving above 20.

Buy above 78 Tgt 78.7 ,79.5 and 82.3

Sell below 76.3 Tgt 75.4 and 74.3






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