NESTLEINDbearish triangle breakout. looks like someone was already aware about sugar level in food.
more bears to come
CNXFMCG
CNX FMCG Indices Technical Analysis - Nifty FMCG did play out exactly the way I had forecasted and now it's following my path.
- FMCG stocks can witness a good retracement and I think this isn't the right place to add them as well
- For any long term Investments better try understanding the fact that catching a bullet train in the middle won't help you in gaining money it will help you more in losing.
Nifty FMCGList of stocks in Nifty FMCG
Britannia Industries Ltd
Colgate Palmolive Ltd
Dabur India Ltd
Emami Ltd
Godrej Consumer Products Ltd
Hindustan Unilever Ltd
Itc Ltd
Jubilant Foodworks Ltd
Marico Ltd
Nestle India Ltd
Procter Gamble Health Ltd
Tata Consumer Products Ltd
United Breweries Ltd
United Spirits Ltd
Varun Beverages Ltd
Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
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Sectorial Analysis - 21/08 Hi
This is my sectorial analysis summary video for major Indexes like Auto, IT, FMCG, Metals, Realty, PSU Banks, PSE, Midcap, Pharma
FMCG sector weekly chart analysis with stock explanationRecently if we observe closely, FMCG Sector is outperforming & helping index to move higher and higher, where it contribute nearly 8% of Nifty 50.
In which ITC is having the highest weightage in the FMCG sector (nearly 30%) followed by HUL (24%), Nestle (7%) and Tata consumer (6%) respectively.
Adding to this VBL is outperforming like anything, compare to other stocks in this sector, VBL Chart was really great. which contribute 2.5% to the FMCG sector.
Britannia, Dabur, P&G & Colpal are the other important stocks in this sector.
Keep an eye on these stocks for the coming days.
As FMCG sector look very bullish & broke its 52 Weeks high and also 18 Oct 2021 weekly high in these recent weekly Chart. Which helped in forming double top pattern.
In coming days if the price closes above 42000 level comfortably , then we can expect further bullish movement which has a potential to reach 50000 range in upcoming days.
39000-40000 range must act as important support Level, if price is unable to sustain in the present level.
This is just overall view of FMCG sector. Not a recommendation to trade in any stocks, Do your own analysis before taking any trade.
NSE:CNXFMCG
NSE:ITC
NSE:HINDUNILVR
NSE:VBL
NSE:NESTLEIND
BSE:TATACONSUM
NSE:BRITANNIA
NSE:DABUR
NSE:PGHH
NSE:COLPAL
NSE:MARICO
DaburDabur is in parallel channel past 167 days. FMCG index is showing sign of bearishness from here. so , I don't think it may breakout of channel
Test for Defensive SectorKeep track of important support levels for this INDEX
Its treated as a safe sector for investment during bear phases or crashes in the market.
Disclaimer: View for Educational purpose, not a trading/investment advice.
NIFTY FMCG is in troubleA very weak monthly chart, RSI below 60, all signs of a bearishness to follow in this sector.
CNXFMCGparallel channel on hourly channel is doing good. small hopes are thr at lower level after bounce which may come here
#JUBLINDS #JUBLingrea #JUBLfood #JUBLpharma #FMCG #NIFTY #BANK#JUBLINDS
CMP 221.45
Target: 256 // 283 // 308 ++
NSE:JUBLINDS
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Might blast to more than 308++
Super Bullish on this stock.
From Rachit Sethia with 💚
COLPAL short Idea Colpal making LH and gave support breakdown
Retest also done , going below 1547 can be weakness.
CNX FMCG can be next dark horseFMCG index went for a long consolidation and has broken the upper end of the range successfully.
10% rally is expected in short term. Individual stocks can move higher. Like, HUL, Marico, Dabur
HINDUNILVR Long IdeaHINDUNILVR gave breakout with supporting volume
50% Fibo retracement
Currently in pullback stage
Crossing round level 2400 can initiate good upside move
Keep this in watchlist for upcoming week.
View negates below 2360 on the basis of candle close.
CNXFMCG/NIFTYIn spread chart of CNXFMCG/NIFTY 2.45 seems very good support level. It was respected many times before and may be respected this time also. So some bounce back may be expected from that level in whole sector. Some mid cap FMCG name may be looked upon
CNXFMCG/NIFTYCNXFMCG/NIFTY is another defensive sector. It seems money is moving from other sectors to pharma and FMCG.
HINDUNILVR Long idea for intraday (Wednesday 11 NOV)HIDUNILVR near Trendline Breakout (Green Line)
Looks good for buy trade above 2144.50 level (Pink line) for Target of 2160-2170
Science Backed by Data[All Series]: What recovered ?There's no worse feeling than having the market go up and Still see your portfolio in negative and wondering why my stocks are not recovering ?
Its because FII's, smart investors, LIC and bigger investment groups have churned sectors, rotated money into new sectors. Corona virus brought new opportunities and shut door on some business(which were stars earlier) permanently. This chart how new sectors are attracting money in last several months and shows recovery & rotations of old sectors. It is also showing top stocks in top 3 sectors and shows their relative performance vs sector.
In future chart will bring out best performing stock in each sector( Reliance , TCS , Auropharma ).
Top Sectors emerging from this fall are CNX Pharma , CNX FMCG & CNX Consumption
See how banks( banknifty ) have been battered and bruised in this corona fall.
See how nifty is under performing Midcap and Nifty Jr
Please like and share your thoughts
How 2020 has been a such a washout year.
