CNXFMCG trade ideas
How to avoid sudden market selling?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 every day, reducing my exposure and, consequently, the risk I face.
- No one can predict the next market downturn, but you can work to reduce your exposure to the risk of a downturn.
- We can adjust the amount of capital we put into BTST trades because we are taking new positions on a daily basis.
Because we take new positions every day with BTST trades, we can adjust the amount of capital we put into the markets based on the current market conditions.
- In comparison to BTST trades, swing trades can turn any profitable trade that you have been holding for many days upside down in a matter of minutes, and you must actively track them every day.
- Because we have specified targets with BTST, we can exit them early and avoid this risk as well.
NIFTY FMCG Swing Call Heading for a High Nifty FMCG looks good for a slight increase in its current trend.
It has already broken its first resistance and is poised to reach the 2nd.
FMCG SECTOR IN HEAD AND SHOULDER PATTERNHead and Shoulder .....
382000 -1st Target,
40004.55 -2nd target.....
Using this sector analysis ,we can predict our FMCG Stocks targets............
If you like the idea, please like and encourage me............
fmcg bearish fmcg bearish ..................................................................................................................
Test for Defensive SectorKeep track of important support levels for this INDEX
Its treated as a safe sector for investment during bear phases or crashes in the market.
Disclaimer: View for Educational purpose, not a trading/investment advice.
NIFTY FMCG is in troubleA very weak monthly chart, RSI below 60, all signs of a bearishness to follow in this sector.
FMCG Index BreakoutFMCG index w pattern repeated 3 time and has given > 25% return. Index seems to attempt resistant zone NSE:CNXFMCG again
CNXFMCGparallel channel on hourly channel is doing good. small hopes are thr at lower level after bounce which may come here
FMCG Index Medium Term BreakoutRight time to accumulate FMCG stocks like Zyduswell, Nestle, Britannia, Marico, ITC, etc.
#CNXFMCGRetest Done
Reached IZ Support
TinyIC formed
Crossing 37930.3 reaches 39177.50 / 39407.15 / 39910.70
Shunted Further til 42021.44
FMCG is still in better shape!FMCG is still in better shape. In Broader Market correction, find yourselves safe in FMCG stocks.
Nifty fmcg at multiple supportShould bounce back from 38k
Stocks to lookout for hil on 200 MA support, itc, marico
FMCG Sector FUll Trend LIne Support. Perfect Entry DOnt. miss.FMCG Sector FUll Trend LIne Support. Perfect Entry DOnt. miss.
FMCG: Fast movement in fast moving cons goods?Beautifully moving within channel, there can a small down move but it just getting ready for good nice upmove. Sector for the week probably.
DOUBLE TOP?FMCG index has formed a double top pattern and conformed with index slipping below the neckline .
So stay cautious
Disclaimer: Educational view
FMCG Index ConsolidationFMCG index on consolidation mood on 4h chart. don't expect directional move unless there is breakout.
rejection candles seen at top of the channel.
Shooting star candle formed on daily chart.
NIFTY FMCG channel breakout and retestFMCG 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.
Nifty FMCG looks for reversalEnough is enough, now please reverse back from this support :). The hammer candlestick today may also be a signal, festive days coming, sales will be higher this quarter
NIFTY FMCGFMCG has turned positive which shows that in short term there is pain in market and clear defensive mode is on.
FMCG Sector verge of short term break out?
#niftyfmcg FMCG sector potential "volatility expansion" on Bollinger band and "W breakout" pattern if breaks out of neckline
with momentum forming a" range shift" from sideways to bullish definitely a sector to watch out for.
