Topic Statement: Hindustan Unilever has been moving in a sluggish sideways range for the past four years, offering defined zones ideal for swing trading.
Key Points:
- The stock has well-defined accumulation and distribution zones, making it suitable for clear swing trade setups
- Price is currently just above the distribution zone and trading below the 180-day EMA, making the stock relatively cheap
- A breakout from either zone could trigger a strong directional move depending on the breakout side
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