FMCG Sector in Bearish Grip: Short Sellers Eyes on Colpal◉ FMCG Sector Overview NSE:CNXFMCG
● The Nifty FMCG index appears to be in a bearish phase, having formed a bearish engulfing pattern near a key support level.
● This suggests a potential breach of the support level in the near term.
Given this scenario, there may be an opportunity to consider
Nifty FMCG Index Breakdown From 20 Months EMAThe Nifty FMCG Index is a benchmark index on the National Stock Exchange of India (NSE) that tracks the performance of the top 15 companies in the Fast Moving Consumer Goods (FMCG) sector. These companies produce non-durable, mass-consumption products readily available to consumers, such as food and
nifty FMCG INDEX View 13.01.25Nifty FMCG refers to the index of Fast-Moving Consumer Goods (FMCG) stocks that are part of the Nifty 50 stock market index in India. The Nifty 50 is a benchmark index comprising 50 of the largest and most liquid publicly traded companies on the National Stock Exchange (NSE) of India.
FMCG is a sec
Potential Long Sector Turnaround - Nifty FMCG
Nifty FMCG has given a healthy correction of ~16% and is trading at a crucial make or break level.
Its following a broadening channel pattern and has reached the bottom level of the megaphone channel, which gives a favorable risk/reward ratio to initiate a position.
It has formed a head & s
FMCG SECTOR - Overview | Educational PostWhy the FMCG Sector is a Must-Have for Long-Term Investment
- I am highly bullish on the Fast-Moving Consumer Goods (FMCG) sector, particularly in the context of a booming economy like India's This sector is fundamentally driven by the robust Indian consumption theme, which continues to expand rapi
FMCG SECTOR: Ready for Turnaround!⚡️Price Analysis:
1️⃣ Price have touched the demand zone
2️⃣ Price structure is bullish w/ HH-HL formation is intact.
3️⃣ EMAs show casting good momentum & strength.
4️⃣ Overall FMCG sector is known for defensive sector and currently looks attractive.
✨ My Expectations:
➡️ RRR is looking very good.
Ascending Channel pattern in FMCG IndicesNSE:CNXFMCG A major correction has happened in FMCG sector after which a strong reversal can happen in the form of bullish engulfing or hammer candlestick in weekly timeframe
If it takes the support of 55,000 and forms a bullish candle, it will reverse from the current support.
If it breakdowns be
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Displays a symbol's price movements over previous years to identify recurring trends.