Possible Next Move This kind of structure represents a very sharp move up in the corrective pattern , One has to be careful because they even end very sharp in nature One can wait for this move to complete and look for short sell Opportunity in FMCG Scrip Futures by ShreeKrishna5
Weekly Out Look - FMCG I am not happy with the structure formation , I am looking more down side movement from the current level One can look for weak stocks for shorts in Future contracts Shortby ShreeKrishna1
CNXFMCG looks positiveFMCG sector has been a laggard for lately, It's slightly negatively correlated with the benchmark Nifty. It seems to have broken out of the downward channel and could shoot up quickly. Tata Global, Godrej Consumer Products and Marico are some prominent stocks. I particularly like Marico for this set up. Posting the Marico one soon. In addition, if the negative correlation holds up, Nifty may have its upside capped at the very least and more likely some correction in near future. Longby Kaustubh0
Long - Continue pattern I am looking this is high likely will form an contracting flat before it makes another move up The correction on daily seems very slow in nature both on hourly its choppy , there is no panic sale One can look for position them self after a brief correction for one more move up Longby ShreeKrishnaUpdated 0
FMCG index structure of fmcg gap , support , resistance , parallel channel all been shown in the chart BRITANNIA ITC HUL COLPAL DABUR CHECK ALL OUT by pratik2358225
One More Drop before the Turnaround Its moving in sideways pattern , the consolidation phase is in last move I am looking this could drop one more time before making an turn around by I-Fund-TraderUpdated 1
Nifty FMCGWatchout in this space since most of stocks part of this index have premium valuations. by rdkriplani1
NIFTY FMCG Weekly Chart-50 SMA Support & BounceNIFTY FMCG Weekly Chart-50 SMA Support & BounceLongby priceaction_1360
CNXFMCG Vs Constituent CompaniesSectoral Analysis Picking time tested leaders . Britannia Dabur Marico Jubliant Food Godrej Industry -------------- Nestle United Brew GSK Cons Educationby sendk0
rejection from top 3 timescnxfmcg has touched top three times and rejected from there broken the channel might head more downsideEducationby nilayrsr0
NSE FMCG - monthlyThe log-normal monthly chart of NSE FMCG. The price action broke out of blue parallel channel and since then trading in narrower and steeper yellow parallel channel. Longby SnowballPro1