Hey There, - Like always, The chart is self-explanatory. - We saw a triangle breakout which happened very close to a crucial resistance zone that acted like one. - This is one previous support that turned crucial resistance - Previously, the price has fallen 3 times after testing this level. The fourth time's a charm? - We see a good consolidation at the...
Trendline Breakout. Volume Buildup seen. Above 20 EMA. Good for Short term. Do Like ,Comment , Follow for regular Updates... Keep Learning ,Keep Earning... Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for Educational purpose only.
Here are some pointers to keep in mind: - One year-long consolidation. - Clearly defined support and resistance. - 6 Week consolidation at the resistance zone makes the resistance weak - Recent breakout was prevented with a long upper wick. A.K.A Sellers present. - Margin of Safety is a mere 6% ( CMP vs ATH) - There is no clear winner yet as the signals are...
Can enter at CMP 23₹ or enter at 21₹ Target - 35.55 Disclaimer - All information on this page is for educational purposes only, we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made. Request your support and...
ITC can start a new run after results if holds 435 levels.. Buy in 4440-445 range with 435 stop los short term or 425 medium term with a target of 500 to 530 levels..
Stock taken support at this level multiple times. Follow proper Risk Management. Disclaimer : This is not a Buy or Sell recommendation. Please consult your financial advisor before making any investments . This is for Educational purpose only
Support at 200 EMA Morning star with confirmation. Target 560, 585. Follow proper Risk Management Disclaimer : This is not a Buy or Sell recommendation. Please consult your financial advisor before making any investments . This is for Educational purpose only
FMCG index has given a good impulsive move and now it is at the end of retracement move, expecting the index to be BULLISH in the upcoming months if it gives any kind of reversal from the VALID DEMAND ZONE then can start to build long positions in the sector
📊 Pattern: Rising Channel 📌 Symbol/Asset: Britannia Industries 🔍 Description: FMCG Defensive stock available on Strong Support 👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
its LONG SHARE AT PRICE OF 10561 DATE 02.01.2022 OOHO 2023 IT HAS POTENTIAL UPTO 12 % ROI Tasty Bite Eatables has an operating revenue of Rs. 435.32 Cr. on a trailing 12-month basis. An annual revenue de-growth of -5% needs improvement, Pre-tax margin of 4% needs improvement, ROE of 4% is fair but needs improvement for more WSUP ME 8459 220 202
Gillette is in the same price range of 2017-18 but it has given a net profit of more than 1643 crores and it is 29% down from its lifetime high. SO it is currently an undervalued stock. If it reaches lifetime high then a profit of 37% is made on the bet but it will surely break the lifetime high and make a new lifetime high. The company has significantly reduced...
Hello and welcome to this analysis In the weekly time frame it is showing a strong reversal with the activation of a Bullish Harmonic 5-0 pattern. It could do a rally till 19750 and above that till 23000 as long as it does not break 18750 Good risk reward set up in the current scenario
Godrej Consumer Breakout CMP 946 CUP & HANDLE BREAKOUT Can Do Easy 5/10/15%
Hello and welcome to this analysis The stock has been in a decline since Sept 2021, all bounces have so far been sluggish as it continues to make a lower high lower low pattern. It was removed from Nifty Next 50 hence the recent exit pressure from Index based funds In the immediate short term due to a heavily oversold scenario a dead cat bounce appears to be in...
I love how FMCG has been moving for a long time (2015!). Every time it makes a new high, it reverts and tests precisely the last All time high that acts as a strong support every time. Can use this idea to short and go long on FMCG stocks accordingly. Current status for long term is short
The Fmcg 2 hourly chart head and shoulder pattern formation,
Company Website britannia.co.in Presence in more than 60+ countries across the globe Top 3 FMCG giant India Ex RBI Governor Urjit Patel is the Additional Director of board. Sales are flat/ slow riser, cash flow has 4x'd in 5 years = looking at small expansions in Africa, one of the areas it sells along with the Middle East, Nepal No pledged shares, net debt...
Analysis of Britannia I look to Buy at 3429 (stop at 3380) My profit targets will be 3579