HUL - New ATH soon?Hindustan Unilever bounced from a very old and strong trendline a few weeks back and now has successfully given a string weekly closing above 2400. It is a sign of renewed buying interest in this FMCG major.
FMCG
GODREJCPAfter a steep correction from 800 in January till 650, it appears to have resumed its uptrend. The weekly Kumo bounce is activated along with a strong demand zone in hourly being observed today. It could do 750-775 with minor resistance around 730. View would be negated below 670
Britannia - SwingStock has broken its Trendline and looks good to breach the resistance zone.
Buy only if 30min/60 min candle closes above 3720 (resistance zone)
Targets - 3780, 3880 and 4001
Britannia ready for new highsA beautiful Flag and Pole is clearly visible on the charts and Britannia loves this pattern as we can see from its history. It's a buy at current levels as well as on any dips for 4000-4500-5000++ targets in the medium term.
FMCGSeems like retesting is being done in FMCG space. Expect some good moves in coming days. Focus should be on FMCG .
Fmcg stock marico Buy and sell IdeaFast moving consumer good stock "marico"
399 to 401 price range zone acting as the demand zone and there is a strong supply zone between 416 to 421
CNXFMCG/NIFTYIs it again time for FMCG ? Le's see. Chart is telling that FMCG will again outperform the market
FMCG to OutperformLevels on FMCG Index to Outperform - need to take out LH of 33580 for outperformance
FMCG Sector on good support. Go long now in FMCG stocksPlease see the chart for the levels. You can go long in FMCG stocks like ITC, Britannia & Hindustan Uniliver for small stop losses.
Will be sharing the charts of ITC, Britannia and Hindustan Uniliver for more clarity
Britannia on Good support of Jun 2020 range. Initiate Buy Initiate Buy in Britannia. See the chart for levels. Good time to enter for long term in this.
Views shared are personal and for educational purposes.
Hindustan Uniliver ready to FLYIt is again on good support and is reversing from here. You can Initiate Buy in this Stock for short term and long term as per your comfort. Stop loss is below the trendline if 1 hr candle closes below it with good volume otherwise the uptrend is intact in this
NIFTY FMCGThe sector looks to take support from Fibonacci level 0.382 led by the fall from ITC mainly. However, it's a good level to start your accumulation.
Tata Consumer Products Short termThe stock is trading above it's support zone of 588 and is looking good for short term. It can be added for a minimum target of 625. It might even go higher. 609 is a minor hurdle.
Itc stock inverted head and shoulder If sustain above 235, then it will breach 250 soon !
Possible target
1) 250
2) 279
Feel Free To Ask For Any Technical/Fundamental Query
Comment Down Below
Educational Purpose Only.
ITC | Wait for the support from current level218.5 - 222 was big resistance which had been broken on 04-feb, if it takes support from the same current level then one can long on it. 264 is easy target and can get more in positional. NSE:ITC
FMCG SECTOR RANGEthe fmcg sector is trading in the range of 34000 and 35000 from many days...now it is approaching the support zone of 34000-34100. below 34000 more pain can be seen . however fresh bullishness is only above 35000
Britannia may fall below 3600If Britannia breaks below 3600, 1st traget 3500 and 2 target 3400,
Current view Sideways to bearish
