we can see a bullish rally in nifty fmcg stocks ahead if it breaks out
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.
Nice inverted Head and shoulders pattern on the FMCG pack
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...
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.