One of the major stock for FMCG segment clearly showing uptrend. VBL ( Varun Beverages ltd)has corrected in recent correction . and now stock is ready for big up move rally for the target of 1650
CMP : 1420
SL : 1365
( Above idea is only for educational purpose )
Hello & welcome to this analysis
It has been an underperformer for the last 4 years and has still not shown any clear sign of reversal except for going sideways in lower time frame due to being over-sold.
2250 is a crucial support, failure to hold could lead to further down side till 2100-1950. While short covering could come in earliest above 2275 with...
- Nifty FMCG did play out exactly the way I had forecasted and now it's following my path.
- FMCG stocks can witness a good retracement and I think this isn't the right place to add them as well
- For any long term Investments better try understanding the fact that catching a bullet train in the middle won't help you in gaining money it will help you more in losing.
Tata consumer has been consolidating in a symmetrical triangle pattern since mid 2021.
The stock has given breakout of the pattern and can be a good positional stock on the long side since FMCG sector is looking bullish
The stock can be added on dips between 800-820 levels with a SL below 755 DCB.
Minimum target in the stock is ATH levels of 889 above which the...
FOODSIN is at 52 Week high and the pattern in RSI is bullish. One can enter with a tight SL of 7-10% with 18-20% minimum gain.
Targets: 227-240-250-263 | SL: 183
A Bullish Breakout of On Neck pattern and a Rounding Bottom is visible on the Daily chart of NSE:BRITANNIA
MACD gave Positive crossover on Daily, Weekly and Monthly chart. So, expecting the momentum to continue.
One can create a fresh position in the scrip as per the levels mentioned on the chart.
Risk Disclaimer:
The information provided in this analysis...
Chart type - Heikin Ashi
Time frame - Weekly
Indicators Used:
1. Moving Averages
2. Fibonacci Retracement: Marked by Swing Low of 503 and Swing High of 597
Analysis Notes:
1. The price has successfully tested the retracement level of 50% which is at 548. Now the price has given the breakout of its retracement level of 38.20%.
2. The ...
@khc is looking attractive for medium to long term buy (< 1 year). This level is good to buy a major portion for those looking to make 20-30% returns in 6months to 1 year timeframe. The stock is bound for long rally once the downside is over.
📊 Pattern: Symmetric Triangle
📌 Symbol/Asset: Hindustan Unilever
🔍 Description: FMCG Giant is moving in well-defined boundaries of a symmetrical triangle, a breakout may occur now or possibly after another leg.
👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing...
BUY - RESTAURANT BRANDS ASIA LTD
CMP - Rs. 113
Target - 1: Rs. 165
Target - 2: Rs. 185
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Technicals - Trendline BO
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This is just a view by an expert analyst, please invest at your own risk.
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Attached: COLPAL/ NIFTY 50 Daily Chart as of 11th May 2023
The above Ratio Chart shows a Classic Bull Flag Setup within an Inverted Head & Shoulders Pattern. This is Bullish Evidence in favor of the Ratio Rallying Upwards
They say Buy Strength and Sell Weakness
Therefore this makes NSE:COLPAL a BUY given its Potential to Outperform!
Hindustan Unilever Limited (HUL) has given a bullish breakout out of a symmetrical triangle.
FMCG sector looks strong and with this breakout, we can expect price of HUL to go high in coming few days.
Entry can be initiated at current market price.
Stop Loss- Below 2523
Target- 2720
Let me know in the comments section if you want me to analyse any other...
