Monday, November 8, 2010

HUL- Yet another triangle broken

The chart of HUL was showing this pattern for quite sometime.
Today it broke on the upside.
Its a very bullish move and substantial upward movement can be expected.
There was a significant increase in volumes seen today.
Also, the MACD of the chart crossed over indicating a buy signal.
Refer to chart for targets.

1 comment:

  1. Target achieved on 9th.
    Facing first resistance.
    Bullish after sustaining above 321

    ReplyDelete