Nifty FMCG Index

30 March 2021 10 March 2021 20 Jan 2021 5 Dec 2020 Nifty FMCG Analysis. As on Tues 30 March 2021. CMP 34,406. Posted at 10:25 am. Bottom line : Short term likely bullish.  Intermediate term : Bullish. Daily Ichimoku : Price has tested the lower cloud several times over the past couple of weeks […]

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Nifty FMCG Analysis

10 March 2021 20 Jan 2021 5 Dec 2020 Nifty FMCG Index. As on Wed, 10 March 2021. CMP 33,300. Posted at 12:25 pm. Bottom line : Larger uptrend intact.  Price is in consolidation mode, and could test the 32,000 level.  Short term neutral. Price broke out from a downward sloping trendline from year 2018 […]

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Nifty FMCG Index

20 Jan 2021 5 Dec 2020 Nifty FMCG Index. As on 20 Jan 2021. CMP 34,692. Posted at 2:30 pm. The FMCG Index remains bullish.  Price has remained well above the green trendline.  An inverse head & shoulders pattern is visible on the weekly chart, with the green trendline as the neckline. On the 3 […]

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Nifty FMCG Index

Nifty FMCG Analysis. As on 5 Dec 2020, Saturday. CMP 32,356 Price action has turned bullish on the FMCG index.  Since our previous post over 2 months ago, 2 points of note have occured. Price closed above the ichimoku cloud on Nov 11, signalling a bullish stance. (Daily chart) This week’s close has been above […]

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