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Ashhish-Chhabra
May 5, 2020 12:51 PM

Nifty What Sector Next ? (Will Nifty FMCG Shine Again)  Education

Nifty FMCG IndexNSE

Description

Nifty FMCG Sector is in on crucial stage again in this week will it again shine again in coming week , let see , indications or probability are strong that this sector will again shine in coming weeks as are major stocks showing the same directions in this sector .
Last 21 days Momentum has decreased also the sector under Profit Booking or Consolidation Move ins last 10 trading Sessions
FM CG sector will remain bullish under these lock downs conditions and will continue to rule in coming weeks
As Per Charts there is strong parallel Bullish Channel
Major Stocks Comprises under this sector are as Follows

• Britannia
• Colgate Palmolive
• Marico
• Dabur
Strong Support at the lower end of the Channel which today it is unable to break Again

Tomorrow is crucial as the stock is at Major Support if unable to break the support then probability is that it will move upwards .

https://in.tradingview.com/chart/gcjVb8oC/

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Comments
Ashhish-Chhabra
There is a Block Sales in HIND Unilever tomorrow
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