TATACONSUMER - Looking strong for a rally. Could cross 800 if market is strong
As you can see ITC formed leading diagonal in a monthly chart and gives a breakout upside. ITC completed it's 1st and 2nd wave and it's now in 3rd wave of monthly chart. The first Target of ITC will be 387 and second Target 417. We can see a very strong upside movement in ITC.
Jubilant Food Looks good above 560 Target 10/20% Only above 542/560 holding not below that
Daily Time Frame Inverted Head & Shoulder Pattern found 3rd June candle taking support @ Trendline Condition applied : If market breaks 37985 market will fall at least till 37332 & if that breaks then it will go below & retest Trendline for sure.
ITC looks strong for a long trade, 270 is a strong support level
Nifty FMCG seems to be breaking out from the bullish flag
is it going agene up ! fmcg sector focus in upcoming days 550 is very important level for AWL
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...
ITC has given Tringle BO on monthly chart. It can buy 249 add more if come 241-234 for the target 275 and 315 1-2 month view.
Keep on watch list - Close above 820 triggers buy. 12 April is a trend date to look for its closing. One close above 820, longs can be initiated.The only challenge is missing volume pack. Only sparse volume of candles is visible. Need back to back high volume candles.
GODREJCP 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 fell today by 4% on decreased volume growth news in the last quarter. If it approaches marked levels then will be a good opportunity to add to the portfolio.
📈 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...
In weekly chart W pattern looks more likely. Buying after break of 2330 with stop loss of 2200 for target of 2430,2620 can be a good trade.
NSE:ITC its price channel pattern and given breakout with good volume and crossing rsi 60 gives good hope for long Note: I'm not a Sebi registered guy, Consult ur analyst before investing
After an upward retracement, the stock has been corrected in a 5 wave pattern. The script is currently in its 4th wave which usually takes a triangle pattern. We can short it for a minimum gain of 100 points gain. Happy trading!
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...
Hello 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...