Sector FMCG
Parag milk operates milk, processed cheese, low price high selling cooking butter.
It is the 2nd Largest Player in Cheese in India with a 35% Market Share.
It is a leader in the Cow Ghee category with its brand ‘Gowardhan’ Ghee.
All the details are mentioned in the charts.
Any quires/clarifications required
Kindly revert back.
RSI :- Above 60 is...
Hindustan Unilever is currently on a Very Important level . It is retesting both all time high breakout level as well as the trendline . And volume also seems to pickup . I wanted to enter earlier too when breakout happened but that was way too parabolic and risk reward wasnt good so i didnt . i dont fix any target i just like to ride the scrip as long as so a...
After sharp fall in NIFTY FMCG, finally it show some support in previous two days.
Now,
We can go long in Tata consumer and the reason for that is :-
1.> Taking support from long and major trendline.
2.> Support from fib 0.6 zone{if we calculate from previous trendline support} also support from fib 0.5 {when calculating from the resent zone}.
3.> A good...
Dabur is standing at very good support and holding 514 level will show strength and close below it on weekly basis shows weakness in stock.
Target 575 & 635
Holding time 1-2 years
This stock has formed a cup and handle formation , with rsi on the bullish side. FMCG index is also showing strength and has formed a flag pattern, let the pattern give a breakout.
Enough is enough, now please reverse back from this support :). The hammer candlestick today may also be a signal, festive days coming, sales will be higher this quarter
Looking at the FMCG sector and the overall market scenario, Godrejcp is a good bet, as it is underperforming amongst it peers which are already making all time highs. It is widely known, that if and when the market gets greedy FMCG sector is a safe place to invest in. Hence, it will be one of the factors that will give it a decent move and support in case the...
Levels as mentioned on the chart with probable Price Action to follow.... FAILED HEAD AND SHOULDER
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Tata Consumer Looking Bullish....
As we can see it is respecting its trend line and taking Support again again .....
Now wait For Breakout Above 884 and closin g ...
As We can see it is taking support from its 50 EMA and respecting trendline.......
If in upcoming days any Momentum Comes in FMCG secto r then ....Look for Trade in it....
Possitional Trade
Buy...
NSE:COLPAL
Observations:
1)On Daily Time frame In past days it has already broken 21DMA and 50DMA and trading above it. Recently it is now in the critical zone of 1720-1730 level range.
In order to be it more bullish it has to surpass the immediate resistance of 1740 level with strong bullish candle.
Please refer below chart : Daily time frame. ...
As we Can See Dabur it at its previous Resistance Zone And Trying to Give breakout
if on coming sessions we see any Momntume above 618 then we can go long as of now FMCG sector is also strong
Buy Above 618.60
Target - 622/625
SL - Below Trendline Or Own SL
I think tommorow FMCG sector will lead ...Cause its chart patterns showing Strentgh..
But Market Is Supreme...
HINDUNILVR was in ascending triangle pattern since April 2020 and today it has given a breakout of the range with very heavy volumes.
Very good stock with strong fundamentals and has always been in uptrend. FMCG sector is the best defensive sector that one can buy when market is in correction.
One can easily expect 5-10% returns in short term as the closing is...
