Nifty FMCG Outlook

Someone recently left a comment on my post saying Nifty FMCG is bearish.
Let me tell you the reasons why Nifty FMCG is Bullish and no way bearish.
Here are the reasons :
1) Weekly Timeframe is bullish
2) Daily Timeframe has test it's recent demand zone and also has created bullish price action reacting to the demand zone.

Pro Tip : Always look for higher timeframe bias and structure of the market and not alone candlestick patterns

So, Nifty FMCG is bullish.
BANKNIFTYbankniftytrendBSECandlestick AnalysisniftypredictionnseSupply and DemandTrend Analysis

Haftungsausschluss