Nifty FMCG IndexLong
FMCG SECTOR: Ready for Turnaround!
⚡️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:
🔥Happy trading!✅🚀
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:
🔥Happy trading!✅🚀
Anubrata Ray ⚡
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