BRITANNIA Upside weekly BREAKOUTA Bullish Pattern formation, in the longer time frame(weekly & monthly).
The resistance line getting weak with repeated tests.
FMCG
Late night Technical analysis talk - Beautifull Potential trades Beautifull Potential trades for my followers :)
This is just one view now U have them make good use of setups also some learning points and some good Risk to reward setups have fun and good trading day :)
Marico BuyStock after the retracement can bounce back from this support area. Buy around 515-520 With SL Below 513 on a closing basis.
Targets will be 540 and 555 Great Risk to reward ratio for this trade and the FMCG sector can perform from here after a bit of retracement. Breakout from this level is needed RSI-based strategy.
Candle confirmation today buy if closes in green candle today bullish harami pattern is forming on the daily chart. Support and resistance trading
You can visit my ID for similar charts shared priorly and see results.
#HindustanUnilever This is a swing or positional Trade.
you can exit in 2-3 weeks
if your targrt achived you can book some profits
and there is a breakout it would be great trade to hold because it would be on it's all time high.
and nifty is performing well so it could be a great a leading sector in some time.
#Happy_Trading_
Nifty FMCGNifty FMCG Complete trend
Complete trend of nifty FMCG .......
Primary Trend Rising Wedge.....
ITC TRADE SET UPITC the heavy weight and is underperforming and now after taking support n times at 200/205 base zones and now above 208 resistance , it is trying to give signs of upmove greater than equal to 230++
and as results are done , chances are higher that ove shall suatin and stock shall participate in index upmove or atleast support the index going forward
Hindustan Unilever Near its supportIn recent times, took support multiple times at 2320-2330 levels. Likely it will bounce back from here, should see 2500 level soon.
MRS BECTORS--> Good 10% upside potential this monthOnly consider buying at 50EMA(blue line) support and ride the trend
Nestle India Range BreakoutNestle India Range Breakout
Buy Nestle
Closing Price - 17649
Strict Sl - 17300 (Day Closing Basis)
Target - 18600
16/05/2021 Research Report For Hindusthan UnileverBuy @ C.M.P (CURRENT MARKET PRICE)
Sell Target 1: 2400
Sell Target 2 :- 2425
NESTLEIND - Refusing to go down. NESTLEIND - refuses to go down. Below 17500 shows a weakness further. But strong upmove today followed by couple of buying sessions should start pushing towards 52 week high
DaburStrong Fundamentals
good for longrun, portfolio pick
Technically Breakout on Charts Cup n Handle pattern
Looks good for initial Tgts of 600 620 640++
SL 560
DABUR: Cup & Handle Bullish BreakoutClassic cup & handle formation on daily time frame , with a breakout above the neckline of 579. One should buy the stock on cmp i.e. 585 & add on dips . Maintaining a SL of 562 target for the region of 612 as a first tgt & 640 for the second tgt.
ITC Symmetrical Triangle PatternITC is on support level.
can buy ITC for breakout on weekly time frame
ITC Bullish View ShortTermLooking Bullish Broke Trendline in Last Session ...
Buy Above- 204
SL-202
Target-207/210
if sustain above this then can test level of 216
Dabur Breakout - RepostDabur Good Breakout
Buy Dabur
Closing Price - 566.45
SL - 518 (Weekly Closing Basis)
Target - 700
ITC at a crucial point yet againOne of the most talked-about stocks of the Indian markets, ITC, is at a crucial zone yet again. 200DMA + 200 psych level + support zone + RSI40.
It's retested this level 9 times but is forming lower highs. Will be interesting to see if we're able to see a bounce this coming week...
Marked as a 'Long' with a stop below 200DMA, roughly 4-5%.
