Jay Chandran A Market Profile Trader trades Mostly Nifty

HUL Bullish butterfly gartley

10 sec read

Hindustan unilever likely to reverse after good amount of correction. Bullish butterfly  gartley pattern found on HUL daily charts . 225 as stop loss on closing basis on can try a long in that which looks a low risk trade.

Reference:  Harmonic Patterns

Happy trading !!!!!


Jay Chandran A Market Profile Trader trades Mostly Nifty

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10 Replies to “HUL Bullish butterfly gartley”

    1. Hi Amirishali,
      The above post had been from our guest author Mr.Jay not from me. He may be posted this in taking delivery calls in mind. may be it doesnt suits options. Better Jay could answer your queries

  1. Hi Amirishali,

    Best way to play pattern is taking positional calls with mentioned stop loss. If you want to play in HUL options I will advice you to go for next month OTM CA which trades with least premium. Looks you carrying 240 CE so have strict stop @ 225.


  2. hi sir i have new here. my question about bhartiartel. i have buy at 322 can i hold. my holding time 1 to 2year.can i add at lower level?

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