Stock 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...
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 FMCG Complete trend Complete trend of nifty FMCG ....... Primary Trend Rising Wedge.....
ITC 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
Buy between 410-420 for a target of 460 in short term
In recent times, took support multiple times at 2320-2330 levels. Likely it will bounce back from here, should see 2500 level soon.
Only consider buying at 50EMA(blue line) support and ride the trend
Nestle India Range Breakout Buy Nestle Closing Price - 17649 Strict Sl - 17300 (Day Closing Basis) Target - 18600
Cup and Handle breakout done, Initiate long Hold for target of 630 RSI at levels of 67
Buy @ C.M.P (CURRENT MARKET PRICE) Sell Target 1: 2400 Sell Target 2 :- 2425
Ascending parallel Channel breakout #jayshreetea with volume.
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
Strong 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
Classic 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 is on support level. can buy ITC for breakout on weekly time frame
HINDUNILVR (15TF) :- CMP 2452 looks good for 2400 (Breakdown Trade)
Looking Bullish Broke Trendline in Last Session ... Buy Above- 204 SL-202 Target-207/210 if sustain above this then can test level of 216