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Monday, February 15, 2010

HUL Bullish butterfly gartley

Hey guys after many months I am posting here, for a change from Nifty I will keep post some pattern trades. Pattern trades are one of the low risk trades where we can mint money easily with low risk money management. here is one of the pattern trade on Hindustan unilever. so lets track it.

Hindustan unilever likely to reverse after good amount of correction. Bullish butterfly gartley

pattern found on HUL charts . 225 as stop loss on closing basis on can try a long in that

which looks a low risk trade.


Reference http://www.harmonictrader.com/price_patternsbfly.htm


Happy trading !!!!!!!

Jay

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