PawanThakur

FMCG - Breakout after Consolidation - Enter on Pullbacks Only

Long
NSE:CNXFMCG   Nifty FMCG Index
FMCG was range bound after breaking the previous swing high on Daily.

With Nifty Supporting the Trend and No Signs of Weakness of Daily, Weekly, Monthly Charts.

Every dip in good FMCG Stocks is a good opportunity to go long.

My Favouite Stocks are

ITC
HINDUNILVR
GODREJCP
DABUR

NOTE: As these stocks have run up too much, do not enter in Full force and wait for pullbacks. REMEMBER MISSING Opportunities in the MARKET is OKAY, LOSING CAPITAL IS NOT

Position Size: 2% Risk or less ALWAYS. CANNOT RISK MORE.

Support/ Resistance/BUY/SELL/SL/TP Prices are ALWAYS RANGES and Not Exact Prices
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