Nestle looking good for a long at cmp of 22666 , a good pattern breakout and retest is done , can reach targets of 23k and 24k in coming days if idea goes right , RR 1:3 SL at 21200 , medium to short term swing with good RR
Dabur is standing on a strong trendline support and is near its 200 week EMA which also is a strong demand zone.
If the stock gives a breakdown from this levels and subsequently forms a strong bullish candle, it will be an indication of bear trap and we might see a strong rally on the upside.
Currently, the candle formed is bearish and hence, it is wait and watch....
Dabur is trading at its 200 EMA on weekly chart. It has formed Bullish Harami Candlestick pattern also. It has strong Open Interest Support (MAY 2023) at 500. RSI is currently taking support from 40 levels.
Support: 500
Resistance: 550
BALRAMPUR CHINI stock looks good for a swing trade , short term , buy at current price of 420 with stop loss of 400 and targets of 480 levels , RR of 1:2 looks good enough
Hindustan Unilever Limited (HUL) has given a bullish breakout out of a symmetrical triangle.
FMCG sector looks strong and with this breakout, we can expect price of HUL to go high in coming few days.
Entry can be initiated at current market price.
Stop Loss- Below 2523
Target- 2720
Let me know in the comments section if you want me to analyse any other...
BUY - ZOMATO
CMP - Rs. 56
Target - 1: Rs. 74
Target - 2: Rs. 92
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Technicals -
Ascending Triangle BO
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This is just a view by an expert analyst, please invest at your own risk.
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it is turning bearish and we may likely see a period of no return in the counter for the upcoming year or so!
a kind of top-out formation which suggest long to be avoided as an investment.
it can test 15200-14900 in coming months/years
Elliot waves analysis. Impulse waves on the downside are completed.
Expect a quick upside move.
Entry - 540-550 levels
Stop loss- 530
Trade duration - 10 days
Minimum Target- 570 - 580.
Can expect 5 to 6% returns in the next 8 trading sessions.
*If today closing done above counter trendline, one should enter at end of the day.
*Target -1680
* SL - low of the green candle
* FMCG sector is shining .
* Nifty FMCG at vege of breakout of all time high
Britannia Industries Limited is an Indian company specialised in food industry, part of the Wadia Group headed by Nusli Wadia. Founded in 1892 and headquartered in Kolkata, it is one of India's oldest existing companies and best known for its biscuit products
study then invest
the company looks good
Sapphire Foods has non-exclusive rights to operate restaurants under three of Yum’s brands: KFC, Pizza Hut, and Taco Bell in India, Sri Lanka, and Maldives. As of June 2021, the company owned and operated 209 KFC restaurants in India and Maldives, 239 Pizza Hut restaurants in India, Sri Lanka, and the Maldives, and 2 Taco...
looking to enter nov 2500 pe around 50
keeping stop and target open for now
more fall expected in closing below 2510-2490
lets c what happens
disclaimer - trade @ own risk
Disclaimer:
I am not SEBI registered person and this is not an investment advice and also please note this is only for education purpose. Also note we can use this research in my own portfolios. So don't influence yourself by this research. Please note before investing according to this educational research, please do own research and also do take advice from your...
