Trading Calls: Hindustan Unilever, Aditya Birla Capital & Bajaj Auto No ratings yet.

Trade Date- 10/04/2018

(1) Hindustan Unilever: The stock has formed a bullish candlestick pattern and the momentum indicators dictate an upward bias. The stock may be bought above 1400/- levels for targets mentioned below

Technical pattern: MACD Crossover

Action

Trigger Price

Stop Loss

Target 1

Target 2

BUY >1400 1370 1450 1502

(2) Aditya Birla Capital:  The demand in the counter is continuously increasing and the stock may be bought above the latest resistance of 161/- odd levels.

Technical pattern:  Oversold zone

Action

Trigger Price

Stop Loss

Target 1

Target 2

BUY >161 156 164 168

(3) Bajaj Auto: The stock has broken a major support level placed at 2770/- odd levels. The counter may witness fresh shorts adding up below 2765/- for targets mentioned below.

Technical pattern: Support Break

Action

Trigger Price

Stop Loss

Target 1

Target 2

SELL <2765 2800 2720 2665

 


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Author: Traders' Chowk

6 thoughts on “Trading Calls: Hindustan Unilever, Aditya Birla Capital & Bajaj Auto

    1. In my opinion, it is not a right time to invest in this stock as the counter is looking very weak and may touch lower levels in coming time. So, basically you may get a better chance to buy this stock.

  1. Invested.for long term perspective in Aditya Birla Capital @160.
    Is this the best price to enter
    Advice would be appreciated

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