Someone recently left a comment on my post saying Nifty FMCG is bearish. Let me tell you the reasons why Nifty FMCG is Bullish and no way bearish. Here are the reasons : 1) Weekly Timeframe is bullish 2) Daily Timeframe has test it's recent demand zone and also has created bullish price action reacting to the demand zone. Pro Tip : Always look for higher...
Sell PRZ - 52700 ( Top Out Zone ) SL - 54200 Target - 45300/43000/41000
Nifty FMCG can be sector of the week clean fresh breakout - Tata consumer / Godrej Consumer / Marico / Dabur / ITC / HUL looks good use the dips
@Thakurji46 From Trader for Trader💸 Buying the Dips and Selling the Rips #TrendAnalysis📈 #PriceAction👨💻 #ChartPattern
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
ollow the pattern whenever break happens of either side
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.
Nifty FMCG 14th Aug 2022............................
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