FMCG
Hindustan Unilever view for next week 02/05/22.Hindustan Unilever has formed a nice bullish candle on weekly and monthly time frame.
The stock has closed below its 20 ema on monthly time frame and above 20 ema on weekly time frame.
On daily time frame, the stock has taken resistance from its 200 ema and has formed a spinning top kind of candle. There is a bullish divergence on RSI indicator on weekly time frame.
Support :- 2214, 2110
Resistance :- 2300, 2420
Wait for a close above its 200 ema on daily time frame and watch for a price action near the levels.
GODREJCP long trade with multiple supporting reasonsGODREJCP showing some buying activity at demand zone and candlestick pattern(kind of marubozu) also indicates of a probable reversal as the 8th March and 9th March 2022 candles have same lows of 660.05. Buying around 700 with SL of 660 for target 770,830
Marico Analysis !! Broke Out.📈 Marico 📉
Marico broke out from a resistance zone 515-520 on closing basis after testing three times.
On Buy Side I am looking for Targets of 550 followed by 580-590 Zone.
StopLoss should be kept in 505-510 zone.
It offers 1:2 Risk To Reward.
All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and revert back if you need some more study on it.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
Hindustan Unilever ready for the uptrend!🤩💸🔥Buy Hindustan Unilever for Positional Trading as well as Investment💸🔥💸
Comment your views!!!🧐🤔🧐
.
✅Both TECHNICALLY and FUNDAMENTALLY strong stock.💪💪
The company posted the best Quarterly result in Q3.
.
❇️The stock is been on a long term uptrend. It is in the retracement phase from Sept 2021. With the recent Volume Breakout of the last Lower High and Huge buying volume, the stock seems to have completed its retracement & now is poised for a big rally from current levels.
.
💎@technofunda_trader
Few Important rules from my Trading Philosophy:
1. Buy QUALITY stock.
2. Buy RIGHT, Sit TIGHT- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar fundamental issues.
3. Don't invest more than 5-10% in any stock & more than 25% in any particular or related sector.
4. Build position GRADUALLY as the stock RISES.
5. Trade in the DIRECTION of the BIGGER trend.
6. RIDE the TREND. Don't sell your WINNERS early.
.
LIKE, COMMENT & SHARE 😄😄😄
DABUR BREAKOUT BUY ABOVE 586Hello traders, dabur has given a breakout with good enough strong candle, and looks that it can go for the upper marked targets.
FMCG stocks gave a good move other than dabur but it has a good weightage in Nifty50 so I believe it will give a run now.
Stock just crossed the 200 ma.
Gave a trendline breakout.
RSI in the bullish zone.
MACD above the signal line.
Not a good enough volume present ye, so be on the edge for that.
Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks. Be sure to follow so that you don't miss any good trades that might have been rewarding.
Any comments and critiques will be appreciated even if it's of opposite view as a trader can also be right so many times.
Tata Consumer ready for the uptrend!🤩💸🔥Buy Tata Consumer Products for Positional Trading as well as Investment💸🔥💸
Comment your views!!!🧐🤔🧐
.
✅Both TECHNICALLY and FUNDAMENTALLY strong stock.💪💪
The company posted the best QOQ & YOY result and will very likely post a similarly strong result in Q3 too.
.
💡The stock is in a long term uptrend. From Sept 2021 it was in a retracement phase. Now, with volume breakout of major level (740), retracement seems to have been completed and stock is poised for a strong rally from current levels.
.
💎@technofunda_trader
Few Important rules from my Trading Philosophy:
1. Buy QUALITY stock.
2. Buy RIGHT, Sit TIGHT- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar fundamental issues.
3. Don't invest more than 5-10% in any stock & more than 25% in any particular or related sector.
4. Build position GRADUALLY as the stock RISES.
5. Trade in the DIRECTION of the BIGGER trend.
6. RIDE the TREND. Don't sell your WINNERS early.
.
LIKE, COMMENT & SHARE 😄😄😄
Heritage Foods ready for the uptrend!🤩💸🔥Buy Heritage Foods for Positional Trading as well as Investment💸🔥💸
Comment your views!!!🧐🤔🧐
.Both TECHNICALLY and FUNDAMENTALLY strong stock.💪💪
The company posted the best Q2 result and will very likely post a similarly strong result in Q3 too.
.
The stock has formed a Rounding Bottom on a Monthly timeframe and given a Volume Breakout in June 2021. On a Daily timeframe as we can see stock has come out of the consolidation with huge volume indicating that a strong rally will begin from current levels.
.
💎@technofunda_trader
Few Important rules from my Trading Philosophy:
1. Buy QUALITY stock.
2. Buy RIGHT, Sit TIGHT- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar fundamental issues.
3. Don't invest more than 5-10% in any stock & more than 25% in any particular or related sector.
4. Build position GRADUALLY as the stock RISES.
5. Trade in the DIRECTION of the BIGGER trend.
6. RIDE the TREND. Don't sell your WINNERS early.
.
LIKE, COMMENT & SHARE 😄😄😄
Dabur ready for a uptrend!🤩💸🔥Both TECHNICALLY and FUNDAMENTALLY strong stock.💪💪
The company recently posted the best Quarterly result and will very likely post a similar result in Q3 too.
.
The stock has a history of taking support precisely from the 200 EMA. This time too, it is trading near 200 EMA which is also a major support zone. Now, with the breakout of the retracement trendline and the W Reversal pattern, the retracement seems to come to an end & we can expect a strong rally from this level.
.
💎@technofunda_trader
Few Important rules from my Trading Philosophy:
1. Buy QUALITY stock.
2. Buy RIGHT, Sit TIGHT- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar fundamental issues.
3. Don't invest more than 5-10% in any stock & more than 25% in any particular or related sector.
4. Build position GRADUALLY as the stock RISES.
5. Trade in the DIRECTION of the BIGGER trend.
6. RIDE the TREND. Don't sell your WINNERS early.
.
LIKE, COMMENT & SHARE 😄😄😄
W pattern at bottom is a bullish signI am waiting for this script last two months & this week it made a "'W'' BULLISH pattern at the bottom .
Importance of W pattern-
if W pattern form at top of any script then the probability of going bullish is far less.
if W pattern form at bottom of a downtrend then it is going to be crazy upside movement .
listen guys this pattern really works well so start find out W pattern in any downtrend script & just Go Go Go
W pattern has a very good winning probability as well as win size (it depends on holding & how we react at little pullback)
here in this chart we notice a tight range consolidation not a trendy down fall so good up movement is expected
always intact with a good and logical stop loss.
😊😊 thanks
Godrej Consumer Analysislogo ko chaiye hota h Ki Stock Breakout de or sustain krre then apke liye laya hu me godrej consumer
Stock ne do teen din pehle downtrend se uptrend me convert liya he or upar ki trf consolidate kr rha he..
15-20 din ka acha trade ban skta he..
1st target 3.5%
2nd target 8%
3rd target 12%
or stop Loss 2.5%
NSE:GODREJCP
Britannia swing Trade with analysisBritannia Industries Limited is a food company, which is engaged in the manufacture of biscuits, cakes and rusks. The Company operates through the Foods segment, which comprises bakery and dairy products.
Swing Trade Information
Safe SL - 3%
Aggressive SL - 1.5%
Target 1 - 6%
Target 2 - 10%
Target 3 - 15%
NSE:BRITANNIA