Nifty FMCG can be sector of the week clean fresh breakout - Tata consumer / Godrej Consumer / Marico / Dabur / ITC / HUL looks good use the dips
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
publishing herewith my idea about Nifty FMCG which shows good momentum in this week, it might be due movement of money in safer stock as per chart it is near a weekly resistance zone if, breaks it get near a yearly resistance level
Good scope in FMCG once it crossses 44064.5 Rise possible to 44880.50 No Overlap on 30 mins
NIFTY FMCG: 45320 BULLISH for 64000 after some corrections? Base support 32000
Nifty fmcg could see buying from here. Needs couple of strong buying session go confirm.
NSE:CNXFMCG 1. FMCG basket has got short-term structure break downside. 2. Still has space on the downside - 3-4% 3. Initiative buyers may appear out there.
Recently if we observe closely, FMCG Sector is outperforming & helping index to move higher and higher, where it contribute nearly 8% of Nifty 50. In which ITC is having the highest weightage in the FMCG sector (nearly 30%) followed by HUL (24%), Nestle (7%) and Tata consumer (6%) respectively. Adding to this VBL is outperforming like anything, compare to...
Nifty FMCG index nearing life time high. Even though it makes a new life high. It will run into its major hurdle @ 42296.80 . Only 2-3 consecutive daily close above this level of 42296.80 we can see a fresh breakout. Happy Trading.....
Index corrected 20% from top. Strong support on lower level's. Clear sign's of bottom formation and breakout is evident. Falling Channel breakout and consolidation near breakout zone is giving strong confirmation. MACD and Rsi too supportive. Rally ahead. Pullback's is excellent entry point's here on.
A big breakout in FMCG sector.. it shows, in coming days FMCG's stock will be in bullish form. especially BRITANNIA & ITC.
#FMCG can be a leader in case of Market Reversal #FMCG can be a leader in case of Market Reversal
Daily Time Frame Inverted Head & Shoulder Pattern found 3rd June candle taking support @ Trendline Condition applied : If market breaks 37985 market will fall at least till 37332 & if that breaks then it will go below & retest Trendline for sure.
Niftyfmcg going to break most trusted pattern H&S….as it break it will go to the all time high level target….here target also calculated as per H&S breakout n it’s gv exactly target to the previous all time high level….one can go “CE” of jun or July month for HUl , Tata consumer, Godrejcp…..for long position trade….best of luck one can also go for Hero or zero in OTM….
Accumulate Stocks Like Tata Consumer and HUL Good Time, Don't Miss them.
Nifty FMCG seems to be breaking out from the bullish flag
Using #BTST (Buy today, Sell tomorrow) trades, you can avoid sudden market selling like today. How? - When you take BTST trades, you usually ride the momentum and are only in the market for a few minutes. - For example, I typically buy stocks at 3:25 p.m. and sell them the following morning at 9:15 a.m., so technically I am only in the markets for 5-10 minutes...