Hi every one For intraday traders in equity or F&O it is quite simple logical based strategy with the help of Bollinger Band and VWAP in 15M time frame.
triangular break could be possible. all FMCG stock hinduniliver , colpal etc are taking support @ 20 EMA.
My next bet is on the FMCG sector. It will fly. Pick up the stocks that are in a similar structure.
FMCG index at support zone. can expect some bounce from here.
If FMCG Sector Break the Blue Line and Sustain above it we can see some Up move or maybe All time High . . . . . . .
Here are a few stocks that have the potential to do well, in collaboration with @AVENUESOFINVESTMENT. You might feel that's a lot of stocks, but good stocks correcting a little has given birth to several opportunities. Also, the video cuts abruptly because TradingView has a 20 min max recording limit.
FMCG sector has corrected from the all time high and now trading at daily support. Since this sector is very bullish in weekly and monthly timeframe , we might see the good bouce next week Levels to be watched , focus for buy following stocks if this index trading above 39200, and can go upto 39900 /40300/41000...
Nifty FMCG At 200 EMA Support. Bullish in upcoming days - Hindustan Unilever Limited , Tata Consumer , Dabur India Ltd and more. Time Period 3 Months.
INTO TRAINGLE FORMATION EXPECTING A BREAKOUT AND RETEST AND UPMOVE TO MARKED LEVELS STOCKS TO LOOK OUT FOR ITC HUL GODREJCP TATA CONSUMER **EDUCATIONAL ONLY (REFER TO ITC CHART FOR ANALYSIS)
Could be a terminal pattern - sharp drop ahead
Index stretched on bubble valuations
nifty FMCG showing bullish for upcoming days
FMCG is considered as a defend sector in any pandemic situation and it proved in covid situation. FMCG hold firm in COVID. and the sentiment is too bullish among retailers but the index is not showing any strength and even after covid recovery FMCG is still under performing. Technically we can see RSI divergence in FMCG index and also on some weightage stock like...
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.
one can start to accumulate fmcg stocks, after corona many things will change. work from home will be a real thing, new companies along with established companies will prefer work from home. this way they can suck blood of employee at any time( and this way IT companies also going to get benefitted ). they will save rent also. people at home will definitely going...
Nifty FMCg lets see how price reacts.. when corona peaks out