Description
⋅ NIFTYFMCG
NIFTYFMCG is coming down from the resistance level and has breached it's trading-channel & 50DAY EMA in Hourly Charts.
RSI is in a downtrend.
***TRADINGEDGE HOURLY TIME-TREND INDICATOR IS BEARISH***
Nearby support is 100DAY EMA and 200DAY EMA on the hourly chart.
KEEP AN EYE!!
#tradingedge_academy #SMTA_institute