Britannia forms a Inverted Head and Shoulder pattern.Can take long positions for at least 200 points.
Also Nifty FMCG is bullish ,Why ?
1. Nestle broken important resistance of 16875
2. DABUR despite bad results,rallied it by 5%
Also Nifty FMCG is bullish ,Why ?
1. Nestle broken important resistance of 16875
2. DABUR despite bad results,rallied it by 5%
Trade active:
Friday update :
Open=high
Rallied by 130 points+, but closed with 55.60 points
Open=high
Rallied by 130 points+, but closed with 55.60 points
Trade closed: target reached:
Target of 200 points reached