FMCG sector is really strong since few days now. Like the bottom in MArch 2020 where pharma and fmcg rallied and lead the market, we have IT and FMCG as leaders now.
But would u really consider betting on HUL (medium term) recent breakout considering its structure ????
More from ProdigalTrader
1.
Start fibo retracement from swing high, not the other way around. Simply 0 point should b where retracement started
2.
The base should b chosen as major swing low. Can't just pick a random point
Start fibo retracement from swing high, not the other way around. Simply 0 point should b where retracement started
2.
The base should b chosen as major swing low. Can't just pick a random point
Similar views (shared Yesterday) Aneesh Bhai\U0001f447https://t.co/UxJZFdWJxh
— Bharat Sahni (@NiveshakBharat) September 29, 2021
Let me explain a model ranking system
If MA20>MA50; 1 point
If close > Previous month high; 1 point
If close abv past 52 week high; 1 point
If volume on green days> vol on red days;1 point
Likewise....
create ur own conditions and assess the stocks across NSE & rank them
If MA20>MA50; 1 point
If close > Previous month high; 1 point
If close abv past 52 week high; 1 point
If volume on green days> vol on red days;1 point
Likewise....
create ur own conditions and assess the stocks across NSE & rank them
sir for example if i trade on pivot points then how should i rank the setup
— Ayyush Agrawal (@agrawal_ayyush) March 9, 2022