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ad11patankar

Index Breakout

Long
Nifty FMCG Index (NSE:CNXFMCG)  
ad11patankar Updated   
NSE:CNXFMCG   Nifty FMCG Index
Trend Analysis Chart Patterns Fibonacci fallingtrendline Fibonacci Retracement FMCG index rsi_divergence macdcross
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trendanalysis chartpattern fibonacci fallingtrendline fibonacciretracement fmcg index rsi_divergence macdcross
Index corrected 20% from top.
Strong support on lower level's.
Clear sign's of bottom formation and breakout is evident.
Falling Channel breakout and consolidation near breakout zone is giving strong confirmation.
MACD and Rsi too supportive.
Rally ahead.
Pullback's is excellent entry point's here on.
Comment:
Get ready for rally.
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