Nifty FMCG Index
Long

FMCG SECTOR: Ready for Turnaround!

118
⚡️Price Analysis:
1️⃣ Price have touched the demand zone
2️⃣ Price structure is bullish w/ HH-HL formation is intact.
3️⃣ EMAs show casting good momentum & strength.
4️⃣ Overall FMCG sector is known for defensive sector and currently looks attractive.

✨ My Expectations:
➡️ RRR is looking very good.
➡️ 7% SL w/ 1:3 RRR
➡️ I'm bullish for the sector overall.

⚠️ Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Views are personal. Please, do your due diligence before investing.⚠️

💬 Drop your thoughts below in the comments section if you liked this analysis!✌️

❇️ Do check my thoughts I shared on the FMCG Sector here:

FMCG SECTOR - Overview | Educational Post


🔥Happy trading!✅🚀

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