Potential Long Sector Turnaround - Nifty FMCG
Nifty FMCG has given a healthy correction of ~16% and is trading at a crucial make or break level.
Its following a broadening channel pattern and has reached the bottom level of the megaphone channel, which gives a favorable risk/reward ratio to initiate a position.
It has formed a head & shoulder pattern also, but its trading near the base of a major support level so the probability of this pattern turn around is low, this can potential lead to a trap which might be a favorable condition to initiate a long position, but as its a assumption position to be initiated with a strict SL if H&S pattern gets activated.
Long Position can be initiated in FMCG ETF once we gets a positive close or early entry can be initiated maintaining a strict SL.
Note: This is just for analysis purpose, please do your own research before punching any orders.
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FMCG
FMCG SECTOR - Overview | Educational PostWhy the FMCG Sector is a Must-Have for Long-Term Investment
- I am highly bullish on the Fast-Moving Consumer Goods (FMCG) sector, particularly in the context of a booming economy like India's This sector is fundamentally driven by the robust Indian consumption theme, which continues to expand rapidly due to the country’s growing middle class, increasing urbanization, and rising disposable incomes.
- For those looking to build a robust and resilient investment portfolio, the FMCG sector is indispensable. Its alignment with the Indian consumption growth story, coupled with its recession-proof nature, makes it a compelling long-term play. Including FMCG stocks in your portfolio can provide both stability and growth, making it a must-have sector for any prudent investor.
MONTHLY TF VIEW:
I) Key Drivers of FMCG Sector Growth
1. Stable Demand: FMCG products, ranging from food and beverages to household and personal care items, are essential for daily life. This ensures a steady and non-cyclical demand, making the sector resilient to economic fluctuations.
2. Consumer Behavior: Indian consumers are becoming increasingly brand-conscious and willing to spend more on quality and convenience, driving premiumization trends within the FMCG space.
3. Urbanization and Lifestyle Changes: With more people moving to urban areas, there is a noticeable shift towards packaged and ready-to-use products. This urbanization trend is set to continue, providing a sustained growth trajectory for FMCG companies.
II) Recession-Proof Investment
The FMCG sector is renowned for its defensive characteristics, especially during economic downturns. Even in times of recession, the consumption of essential goods remains relatively unaffected. We can see how the sector managed to outperfrom even in COVID pandemic like situation. This recession-proof nature provides a safeguard for investors, ensuring stable returns even in volatile market conditions.
III) Long-Term Investment Theme
Investing in the FMCG sector is not just about stability; it’s about tapping into a growth story that aligns perfectly with India's long-term economic prospects. Companies in this sector are continuously innovating, expanding their product lines, and enhancing distribution networks to capture greater market share.
- Stay tuned for further insights, updates and trade safely!
- These are my personal views.
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray
FMCG SECTOR: Ready for Turnaround!⚡️Price Analysis:
1️⃣ Price have touched the demand zone
2️⃣ Price structure is bullish w/ HH-HL formation is intact.
3️⃣ EMAs show casting good momentum & strength.
4️⃣ Overall FMCG sector is known for defensive sector and currently looks attractive.
✨ My Expectations:
➡️ RRR is looking very good.
➡️ 7% SL w/ 1:3 RRR
➡️ I'm bullish for the sector overall.
⚠️ Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Views are personal. Please, do your due diligence before investing.⚠️
💬 Drop your thoughts below in the comments section if you liked this analysis!✌️
❇️ Do check my thoughts I shared on the FMCG Sector here:
🔥Happy trading!✅🚀
EMAMI : A stock to watch - Expecting new ATH soon only if...⚡Price Analysis:
1️⃣ Broke 9 yrs ATH level and currently trading near a critical support.
2️⃣ Only if the price continue to show trend I will plan else not.
3️⃣ Volumes looks decent.
✨ My Expectations:
➡️ Bullish strength is lacking will wait for the price to show strength first.
➡️ In 1H TF expecting bullish structure formation.
➡️ Expecting strong weekly candle closing for confirmation of the reversal.
➡️ Overall market sentiment is critical. I will not be very surprised even if price comes down to 450-480 levels before bouncing back.
🎯1h TF:
⚠️ Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Views are personal. Please, do your due diligence before investing.⚠️
💬 Drop your thoughts below in the comments section if you liked this analysis!✌️
🔥Happy trading!✅🚀
Dabur India Stock at a Critical JunctureDabur India Ltd., a leading FMCG player, is showing an interesting technical setup on its weekly chart.
Key Highlights:
Strong Support: The stock has consistently respected a long-term ascending trendline since 2012.
Triangle Pattern: A descending triangle is forming, signaling potential breakout or breakdown.
Current Level: Trading at INR 507.50, near critical support at the trendline.
Outlook:
Bullish Case: A breakout above the triangle could target INR 680.
Bearish Case: A breakdown below INR 480 may signal further downside.
Triangle formation & EMA 200 in Heritage FoodNSE:HERITGFOOD
Triangle breakout is about to be formed with EMA 200 crossing over.
A confirmed breakout requires being above 520 and sustaining it. The target is the next big resistance, which is 645. Keep the SL at 475 or swing low.
For lower risk, keep looking for big positive volume, with EMA 200 and 50 below the candles.
MARICO - Breakout & Retest Setup!Overview & Observation:
1. 70% Fib support zone.
2. Good volume support
3. Breakout & Retest done.
Trade Plan:
1. Eyeing 20% upside with 10% SL
2. RRR is okay, not great!
- Stay tuned for further insights, updates and trade safely!
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray
Ascending Channel pattern in FMCG IndicesNSE:CNXFMCG A major correction has happened in FMCG sector after which a strong reversal can happen in the form of bullish engulfing or hammer candlestick in weekly timeframe
If it takes the support of 55,000 and forms a bullish candle, it will reverse from the current support.
If it breakdowns below the 55,000 mark, it can correct up to 50,500 & 45,000 respectively.
Coming weeks will be a deciding factor for the indices.
Long Bet on Bajaj Consumer Stock Bajaj Consumer Care has been an integral part of the Indian experience for over 70 years. With our wide range of hair, beauty, and personal care products, we’re the secret behind countless smiles and untold happiness for generations of Indians spread across the world. Part of the storied Bajaj Group, Bajaj Consumer Care owns the iconic Bajaj Almond Drops Hair Oil and Nomarks – brands that not only lead their categories but also reflect our unwavering commitment to quality, trust, and constant innovation.
CMP-220 TMP- 1000 sl 75 Buying Range- 180- 220. Time frame 2-3 years
Gokul Agro-Volume breakout of ATHGokul agro has tested level of 150 multiple times in last couple of years.
Stock has managed to break the level now with heavy volumes.
Stock can be accumulated for big returns in future, more than 2x.
Stock is available at decent valuations currently.
However, stock comes under high risk category so safe investors should stay away.
However, such breakouts normally bring explosive move in small cap stocks, given broader markets are supportive.
Keep in watchlist for educational purposes.
VBL-An ATH breakout in super bullish FMCG stock VBL has been a consistent outperformer among FMCG stock in this bull run.
As we can clearly see, stock is forming a beautiful staircase pattern(continuous flag pole) during the uptrend.
Stock has given breakout in closing basis of ATH. A good stock for quick momentum traders.
Not a recommendation.
If interested, do check the chart of RVNL which has shown a similar staircase pattern in past.
Breakout in Jubilant FoodNSE:JUBLFOOD
Trendline breakout in Jubilant foods.
Good to buy at the level of 500.
Stop Loss below @ 450.
For the Targets of 550/625/700/800/915+++
Reasons to buy:
1: Breakout of the long term Trendline.
2: Good Support form the bottom range of 420-450.
3: Just cross the 100 days moving average.
4: Breakout with good Volume.
5: Good RISK to REWARD ratio.
Thanks
Disclaimer:
This idea is only for the Education purpose , Trade your plans at your own Risk.
Emami-A pre breakout tradeLogic: Inverted head and shoulder formation in weekly chart
Weekly closing above 630 will be a confirmation of breakout
Levels mentioned on chart. FMCG sector has started to gain momentum.
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And a happy new year to all my viewers. Hope you all have a prosperous & profitable year ahead!
ITC: Charting the Path to Smart Investments!A Flag pattern breakout in ITC!!
The mamoth is ready for more upside, it has the possibility to almost double from here!!
Pole height : 300 points
Breakout point : 455
Price where it can reach due to the pattern breakout : 754
Return Expected : 65-70%
Strong Volumes as well !!
ITC: Charting the Path to Smart Investments!A Flag pattern breakout in ITC!!
The mamoth is ready for more upside, it has the possibility to almost double from here!!
Pole height : 300 points
Breakout point : 455
Price where it can reach due to the pattern breakout : 754
Return Expected : 65-70%
Strong Volumes as well !!
NYKAA, Morning Star Pattern is formed on Support After a drop of 14% in price, now a morning star pattern is formed on a support level.
The price could test the level of R1-170.45 and if broken then we see the level of R2-175.40
CMP : 164.20
Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
GODREJCP CUP N HANDLE PATTERNGodrej Consumer Products Limited is an Indian Multinational consumer goods company based in Mumbai, India. GCPL's products include soap, hair colourants, toiletries and liquid detergents.
It is one of leading FMCG firms in india as well as globally, their range of product mainly covers shampoo, hair colours, grooming kits.
1.5 billion people globally use Godrej products from soaps and hair care to home care and health every day.
We recently identify a cup n handle pattern in Godrej consumer products.
CMP: 1315
SL : 1270
T1 : 1390
T2. : 1400
T3 : 1440
Note : It is recommendation it is only for educational purpose
Britannia | FMCG | Buy opportunity for 400 points moveHello friends,
In sector #FMCG sector will going to rock soon.
as #Britannia stocks has just breakout with superb move of 400 points in single day. Now it consolidate and soon it looks to break again and may give same move of 300-400 points.
Keep this stock in your tracking list and do your own analysis for this stock and participate on your risk management framework.
Give your like | Comments if you like my post.
Thank you.
COLPAL CUP N HANDLEColgate-Palmolive Company is an American multinational consumer products company headquartered on Park Avenue in Midtown Manhattan, New York City. The company specializes in the production, distribution, and provision of household, health care, personal care, and veterinary products We do see a good breakout as cup n handle pattern.
CMP : 2870 on closes basis
SL 2760
TARGET: 2940 / 3050
Note : This is only for educational purpose
Dabur Long Term TargetsThis is a Weekly chart. Here are some observations:
1. Price has been in a downtrend since Oct 2021 forming a large cup potentially finishing around Jun 2025 with neckline at ₹650
2. The red trendline still has to be broken to officially get into the uptrend
3. The recent green trendline has been breached following the healthy Quarterly results posted yesterday
4. Price has touched levels of 500 multiple times suggesting it to be a strong support zone
5. Multiple resistance levels on the way up particularly at 565, 600 and 650. All of them can be used as short term targets as well
6. Final target at 800 based on the cup (500 to 650)
Growth Drivers:
1. Economy has faced high inflation in recent times reflecting in the downtrend of stock performance
2. Consumer companies are reporting rural uptick in sales
3. Global consensus of rate cuts in 2024/2025
4. India’s growing population and per capita income
Verdict:
Considering both the macroeconomic factors and the fundamental/technical combination of Dabur, it seems like it has bottomed out at around 500 and is ready for the uptrend likely to hit ₹800 in the coming years. A handle formation is likely at ₹650, so the earnings have to be tracked closely. Happy trading!