- 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.
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
#NIFTYFMCG Sector Analysis (1W TF) Pattern: RECTANGLE BOX BREAKOUT - Breakout of Resistance - Done ✓ - Retracement & Consolidation- Done ✓ - Pullback Candle - In Progress #stocks #swingtrade #chartanalysis #priceaction #traderyte #india #indiagdp #StockMarketindia
Based on my analysis of the daily timeframe chart of Hindustan Unilever, it appears that the stock has recently broken out above a strong resistance zone that has been tested multiple times. This presents a potentially good opportunity for a swing trade. For entry, I recommend going long at the open of the next candle. However, it is prudent to enter with only...
Nestle looking good for a long at cmp of 22666 , a good pattern breakout and retest is done , can reach targets of 23k and 24k in coming days if idea goes right , RR 1:3 SL at 21200 , medium to short term swing with good RR
Dabur is trading at its 200 EMA on weekly chart. It has formed Bullish Harami Candlestick pattern also. It has strong Open Interest Support (MAY 2023) at 500. RSI is currently taking support from 40 levels. Support: 500 Resistance: 550
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!
The nifty index is 2H chart breackout and than pullback, if this pull back stop in the support line this is the good time to buy the good opportunity of Small-cap FMCG stock. Any-one is your redor please comment
Colpal on weekly charts is looking weak and has broken down important demand zone and also long term trendline support. Current weekly looks to be a pullback / retest of the breakdown and positionally it may slip down further. Further details are marked on charts, longs needs to be cautious here.
📊 Script: SDBL (SOM DISTILLERIES & BREWERIES LIMITED) 📊 Nifty50 Stock: NO 📊 Sectoral Index: NIFTY 500 📊 Sector: Fast Moving Consumer Goods 📊 Industry: Breweries & Distilleries Key highlights: 💡⚡ This stock pick is according to my study. I have use few indicator that is BOLLINGER BAND MACD RSI DOUBLE MOVING AVERAGE VOLUME 📈 Script is trading at upper band of...
📊 Script: DIAMONDYD (PRATAAP SNACKS LIMITED) 📊 Nifty50 Stock: NO 📊 Sectoral Index: NIFTY FMCG 📊 Sector: Fast Moving Consumer Goods 📊 Industry: Packaged Foods DAILY TIMEFRAME Key highlights: 💡⚡ 📈 Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it. 📈 MACD is giving crossover. 📈 Double Moving Averages also giving crossover. 📈...
CMP ~1600 SL 1540/1490/1430 Target 1800/2000/2300+ Reasoning: Higher lows for last few months, indicating accumulation and making base
Jubilant Food Looks good above 560 Target 10/20% Only above 542/560 holding not below that
NSE:NESTLEIND Everything mentioned on chart. Kindly trade as per your trade setup. ******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell. Please do your own analysis before taking any trade on them. We are not SEBI registered.
NSE:HINDUNILVR 📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can Fail (there is no holly grail In Stock Market). That's Why One Should Must Have Knowledge Of Reversal Trading To Trade On Harmonic Patterns. 📌 As One can see, This...
Stock- Britannia Cmp - 3894 Weekly Timeframe chart Support- 3800-3850 Trendline support- 3680-3700 Upside targets- 4150-4650 Positional basis
FMCG has broken out of the channel and retested the previous resistance. MACD and Stochastic RSI are signaling buy. Since it is a festive season FMCG sales will rise. HINDUNILVR ITC and NESTLEIND charts look good, have them in your watchlist.
COLPAL - good candidate to short. Following parallel channel in Monthly TF. See chart for more details.