📊 Dabur heading towards resistance NSE:DABUR
As one can Dabur can touch that Harmonic PRZ so one can long till those PRZ levels and if find reversal there at that time if one know how to trade on reversal then can short from those levels.
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******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
Niftyfmcg
📊 Tataconsumer Product Limited 🎯 at resistant NSE:TATACONSUM
Tata consumer stock is at bearish harmonic PRZ. In simple language the stock is at resistant.
as per this harmonic pattern stop loss is quite big as mentioned on chart.
CMP= 739.80
Reversal Zone = 741.80 to 772 ( if one can find reversal in this zone they can short this stock as per their trade setup.)
Stop loss = 772 Closing Basis ( if you wanna trade on as per harmonic patterns then you must know what is reversal as harmonic is all about reversal trading. and you have to
follow stop loss one you enter as per your trade set up.)
If you know how to trail stop loss then most of the time you will get swing trades on harmonic reversal ( both side long and short).
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
TATA CONSUMER BREAKOUTThere is a buildup near the resistance and that signifies a possible breakout and continuation of up-trend.
The volumes during the consolidation are also low and the stock has been making a higher lows structure in form of an ascending triangle.
Strong above 718-20,target is 2-2.5%
View is invalid if price breaks the triangle on the lower side.
Support at 695-700.
Nifty FMCG - Trend Analysis and Future Movement PredictionI have tried to put notes on the chart basis current setup developing in Nifty FMCG and upcoming directional move. Looking at RSI and current move we could see more downside though Nifty FMCG is strong sector therefore it may follow cup and handle pattern before breaking out consolidation zone. Breakout in any directional will lead to a big move, though recent performance of FMCG stocks are pointing that index may recover and breakout towards up soon.
Please do share your comments and insights to make analysis better. Any feedback is welcome.
📊 Hindustan Unilever 🎯 #hul #nifty #banknifty #niftyfmcgNSE:HINDUNILVR
one can short till prz or until get reversal for long. and ones find reversal at or just below PRZ one can long as well.
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
My setup for Britannia, uptrend this is Free VIP Signal,
for more kindly DM me
Now, why i am saying that britannia is in heavily bullish trend because if you look at the previous closes then you will notice that a strong breakout and heavy green candle
i also modified my STOPLOSS and a particular point and my whole team
i generally like to trade this type of very good fundamental as well as perfect technical setup
i use to take both side trades in this type of stocks
i already shared my few of the journey stocks you can check
thank you
god bless you
May you guys have a very profitable week
NIFTY FMCG : At Crossroads Breakout or Reversal ?Nifty FMCG index is clearly showing signs of reversal.
Unable to cross Aug 18 highs till now, clearly HUL, Britannia, Nestle and Dabur all are showing neutral to bearish signs on charts except ITC which is clearly performing inversely to HUL.
Too much money has chased growths in the safest sector and now might be the time to book profits at almost highs and move into IT & Banking stocks.
View becomes invalid in case we cross 32500 lvls.
MCDOWELL KEY LEVELS SUPPORT AND RESISTANCE 27/04/2020Key Levels for MCDOWELL : INTRADAY AND POSITIONAL VIEW
UPPER BREAKOUT~523.95
FIRST TARGET~528.65
INTERIM RESISTANCE~532.70
FINAL RESISTANCE~537.10
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LOWER BREAKOUT~516.50
FIRST TARGET~512.25
INTERIM SUPPORT~508.35
FINAL SUPPORT~503.10
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.