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...
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.
Head 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 ..................................................................................................................
Keep 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.
A very weak monthly chart, RSI below 60, all signs of a bearishness to follow in this sector.
NIFTY FMCG can breakout from here looking at the key stocks from this index.
FMCG index w pattern repeated 3 time and has given > 25% return. Index seems to attempt resistant zone NSE:CNXFMCG again
parallel channel on hourly channel is doing good. small hopes are thr at lower level after bounce which may come here
Right time to accumulate FMCG stocks like Zyduswell, Nestle, Britannia, Marico, ITC, etc.
Retest 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. In Broader Market correction, find yourselves safe in FMCG stocks.
Should 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.
Beautifully moving within channel, there can a small down move but it just getting ready for good nice upmove. Sector for the week probably.
FMCG index has formed a double top pattern and conformed with index slipping below the neckline . So stay cautious Disclaimer: Educational view
FMCG 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.
FMCG 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.