CNXFMCG trade ideas
NIFTY FMCG setting up for a Big MoveAfter Sept 2019 for the first time the Index is showing GREAT STRENGTH....
Look for best RS opportunities in this sector
NIFTY FMCG - breakout !!! FMCG sector to watch in the Dec monthLook out the chart - this is nifty fmcg chart . Always understand, sector performance is very important in choosing the stocks. Hope it helps
Nifty FMCG - What a Breakout!!!#niftyfmcg given a breakout last week, look for FMCG stocks like Marico posted as relative idea and trade accordingly.
There can be some pullback to Trendline but overall its a bullish structure.
NIFTY FMCG on breakout from inverse head and shoulder patternnifty FMCG preparing itself forthe breakout from inverse head and shoulder pattern and this breakout is exist above 32000
and with that Some of the heavy weights in FMCG are also ready for the breakout Focus on them (dabur,HUL,tata consumer,MArico)
may be the december and January series belong to FMCG Because of Budget ahead in February.
Sector specific FMCG sector is going to blast in coming days, select the stocks and be the part of breakout ...
FMCG head and shoulderAre we going to have a 4K drop in FMCG companies. Is it time to short weak FMCG companies?
FMCG Also Bearish looking for Breakdown below 30000Nifty FMCG Also Bearish looking for Breakdown below 30000
NIFTY FMCG : At Crossroads Breakout or Reversal ?Nifty FMCG index is clearly showing signs of reversal.
Unable to cross Aug 18 highs till now, clearly HUL, Britannia, Nestle and Dabur all are showing neutral to bearish signs on charts except ITC which is clearly performing inversely to HUL.
Too much money has chased growths in the safest sector and now might be the time to book profits at almost highs and move into IT & Banking stocks.
View becomes invalid in case we cross 32500 lvls.
Nifty FMCG Breakout July 2020As per recent trend, Nifty FMCG is near breakout against long time resistance of 31000 and we should see testing it next resistance at 31500 in next few weeks.
Bullish pattern in Nifty FMCGPossible Cup Handle & Handle in Making.
Possible Bullish Continuation
Pattern confirmation only when closes
above the resistance zone 30100 to 30200
NIFTYFMCG - Strong DOwntrendNIFTYFMCG
NIFTYFMCG is coming down from the resistance level and has breached it's trading-channel & 50DAY EMA in Hourly Charts.
RSI is in a downtrend.
***TRADINGEDGE HOURLY TIME-TREND INDICATOR IS BEARISH***
Nearby support is 100DAY EMA and 200DAY EMA on the hourly chart.
KEEP AN EYE!!
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