1. Support: HUL have good Support at the current level,
2. Price Decreases - Volume decreases Indicates - its not in Bearish
3. As it is not in Bearish and bottom of the Channel, Reversal would take place.
4. RSI shows "Over Sold"
5. We can see 3 Targets.
i. Recent Swing Resistance Line
ii. Recent Swing High
iii. Channel Top
6. Resistance - Can be below the Channel Bottom.
2. Price Decreases - Volume decreases Indicates - its not in Bearish
3. As it is not in Bearish and bottom of the Channel, Reversal would take place.
4. RSI shows "Over Sold"
5. We can see 3 Targets.
i. Recent Swing Resistance Line
ii. Recent Swing High
iii. Channel Top
6. Resistance - Can be below the Channel Bottom.