RUCHI SOYA IND 60MIN is trading in a range for a long time breakout is done of the long trendline and the second trendline is also there of orange color that the stock is making, breakout of this can give bullish momentum. Bullish divergence is also there. Also we can see there is strong long term support on 1040 price level and we can see that stock many times...
Look at this structure. Price has always faced resistance at the channel top. No suggestions to go long over this setup.
Varun Beverages (VBL), a stock of FMCG sector has given a weekly closing above 800 for the first time after its split on 10th June 2021. The day high of '810' on Friday coincides with 38.2% golden ratio on Fib levels. Above 811, it can easily give 1-2% targets in intraday. A 15 minute candle closing above 810, ater 9.45 am can be a good buy for a swing trade too....
Britannia trading in downward channel if its gives breakout from it we can buy it above price of 3460 for target of 3510 and 3550 with stop loss of previous swing low 3410 on hourly closing basis.
Dabur after slow and steady up movement now it turned to a downtrend. As following trade with the trend it is respecting a trendline. It may take support at 583 and go up again.
VENKYS INDIA is making a cup and handle. RSI is also increasing can go long.
FMCG sector is performing good these days. HUL being the leader in FMCG sector might perform good in coming days. Buy when the given resistance breaks and then the stock retest the same area. Then put stoploss right below the retest candle and ride the trend.
Guy itc is given a breakout in 4h and 1 day timeframes it has been consolidating for ages hope this time it will make new highs
nifty FMCG showing bullish for upcoming days
HUL has been consolidating for a couple of days now between 2375-2320. Any breakout on either side can give good momentum and profits. Worth keeping in ones watchlist for a possible swing trade.
Nifty FMCG looking so good and it is verge of breaking ATH soon. ITC is heavy weight stock in the index and it is about to post their quarterly results, if all things ends positively then you can see a big move in FMCG sector.
United Spirits post its Q4 results has reversed from a bearish Harmonic Crab pattern in daily time frame suggesting retracement till 560-550. The view would negate above 605.
AS NIFTY FMCG CHART LOOKS GOOD.. DABUR TOOK A TREND LINE SUPPORT WHICH WILL LEAD TO 600 LEVELS.. DISCLAIMER: EDUCATION PURPOSE ONLY. NOT SEBI REGISTERED. THANK YOU
Breakout with Volume after long consolidation. Next resistance at 300.
Bajaj Consumers, Daily Time Frame, Given Trendline Bullish Breakout It's like ascending triangle pattern, Along with Bullish UNGALI SETUP, Weekly and Daily both MACD are positive and Aligned with Oscillators too. All EMAs are Positive as per Requirement for Bullish Bias, One can go Long with Stop-loss of 268. All key levels are mentioned in chart with...
Disclaimer: I'm.not a SEBI Registered financial advisor all views posted are just for mutual learning and I'm not responsible for your profits or losses ,build your own conviction through learning and take action ,don't enter blindly , I hope this post add some value to your learning 😊 About stock :ITC is forming a Triangle Pattern and looks good upto Rs365 (...