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mihirsavla19

Nifty FMCG Outlook

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Nifty FMCG Index (NSE:CNXFMCG)  
mihirsavla19  
NSE:CNXFMCG   Nifty FMCG Index
Trend Analysis Supply and Demand Candlestick Analysis niftyprediction bankniftytrend BANKNIFTY nse BSE
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trendanalysis supplyanddemand candlestick niftyprediction bankniftytrend banknifty nse bse
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.
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