logo 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 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
here are two possible cases which are mentioned by using diagram
this script is for medium term swing.
good fundamental stock .those traders who are wishing for a good swing in fmcg sector they should go for this
ITC gave a wedge breakout after being in consolidation for days since hitting the high of 265. Will this move result in a new 52 week high ? Very likely it will as the breakout is suggesting which provides an excellent long entry with good risk reward setup.
Tgts are in the chart.
1. Price sustaining support 5 times.
2. Formed good BULLISH REVERSAL candle at support line.
3. Also, FMCG Index corrected at reversing at support.
Entry : 3620-3640
SL : 3300 - closing basis
Target: 4100
SWING TRADING WATCHLIST FOR THE WEEK BEGINNING 6-12-21
INTENT
I will only be sharing the time frame and the scrip name. I will leave the trade basis aside as the intent is to engage the reader in learning the basics of finding good scrips. You can have a look at the charts and place your favorite indicators and check out if any of these fit your trade...
Britannia for swing
Reason >>
1. Trendline support
2. NIFTY FMCG Reversal from 200EMA
3. At Demand zone
Play with sl of 3280 for targets of 3700/3830/4130++
Trade on your risk, consult your financial advisor before taking trade!
Happy Trading
Britannia is coming close to its long-time support trendline. If a reversal is shown any day, it may go in an uptrend. One may wait to enter at a lower price around 3450-3400 if falls further. Early targets are indicated on the chart.
Only for learning and sharing purposes . Not a trading recommendation.
Please comment on what do you think about the setup.
All...
Showing strength now after entering the Demand Zone 2nd time. After retesting the demand zone and creating a minor new low and thereby scaring out the weaker hands looks good to me. Good buy at CMP 2421 with stop loss of 2350, TP1 2540, TP2 2620
Sometimes it's better not to waste time predicting the market. Rather we must focus on the industry. FMCG is among one of the most evergreen industry that historically we have ever seen. The industrialist in this field had always constantly tried to expand geographically and financially.
The chart of CNX FMCG indicates a bullishness soon or sooner.
And the...
HINDUSTAN UNILIVER CMP 2396
stock is coming near strong support of 2300
positive RSI divergence seen on hourly time frame
can initiate longs near 2300 levels
I think it has done its retest with market trend and saw sharpe sell off in 2-3 days ......
i think it will give breakout to its multiyear resistence ...@265-67..
Next near hurdle is @ 245-247...
Looking Good Risk:Reward at this time ...one can go long with small SL...
Will It cross its Multiyear resistnace ?...Let me know in comment box ...Whats ur view..
