Tag Archives: CNX FMCG

Nifty FMCG Outlook for the Week (Oct 16, 2017 – Oct 19, 2017)

EquityPandit’s Outlook for NIFTY FMCG for the week  (Oct 16, 2017 – Oct 19, 2017) :  

NIFTY FMCG:

 

NIFTYFMCG

 

Nifty FMCG index closed the week on positive note gaining around 1.20%.

As we have mentioned last week, that minor support for the index lies in the zone of 24900 to 25000. Support for the index lies in the zone of 24600 to 24700 from where the index broke down from August-2017 lows and Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 24000 to 24200 where 200 daily moving averages are lying. During the week the index manages to hit a low of 25078 and close the week around the levels of 25435.

Minor support for the index lies in the zone of 25300 to 25350. Support for the index lies in the zone of 24900 to 25000 from where the index broke out. If the index manages to close below these levels then the index can drift to the levels of 24600 to 24700 from where the index broke down from August-2017 lows and Fibonacci levels are lying.

Resistance for the index lies in the zone of 25400 to 25500 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 25800 to 25900 where the index has formed a top in the month of September-2017 and medium term moving averages are lying.

Broad range for the index in the coming week is seen from 24700 to 24800 on downside & 25900 to 26000 on upside.

Nifty FMCG Outlook for the Week (Oct 09, 2017 – Oct 13, 2017)

EquityPandit’s Outlook for NIFTY FMCG for the week  (Oct 09, 2017 – Oct 13, 2017) :  

NIFTY FMCG:

 

NIFTYFMCG

 

Nifty FMCG index closed the week on positive note gaining around 2.60%.

As we have mentioned last week, that resistance for the index lies in the zone of 24600 to 24700 from where the index broke down from August-2017 lows and Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 25400 to 25500 where short term moving averages and Fibonacci levels are lying. During the week the index manages to hit a high of 25247 and close the week around the levels of 25131.

Minor support for the index lies in the zone of 24900 to 25000. Support for the index lies in the zone of 24600 to 24700 from where the index broke down from August-2017 lows and Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 24000 to 24200 where 200 daily moving averages are lying.

Resistance for the index lies in the zone of 25400 to 25500 where short term moving averages and Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 25800 to 25900 where the index has formed a top in the month of September-2017.

Broad range for the index in the coming week is seen from 24500 to 24600 on downside & 25800 to 25900 on upside.

Nifty FMCG Outlook for the Week (Oct 03, 2017 – Oct 06, 2017)

EquityPandit’s Outlook for NIFTY FMCG for the week  (Oct 03, 2017 – Oct 06, 2017) :  

NIFTY FMCG:

 

NIFTYFMCG

 

Nifty FMCG index closed the week on negative note losing around 2.90%.

As we have mentioned last week, that support for the index lies in the zone of 25000 to 25200 where break out levels are lying. If the index manages to close below these levels then the index can drift to the levels of 24600 to 24700 where Fibonacci levels are lying. During the week the index manages to hit a low of 24427 and close the week around the levels of 24481.

Support for the index lies in the zone of 24000 to 24200 where 200 daily moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 23200 to 23300 from where the index broke out of September-2016 highs and Fibonacci levels are lying.

Resistance for the index lies in the zone of 24600 to 24700 from where the index broke down from August-2017 lows and Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 25400 to 25500 where short term moving averages and Fibonacci levels are lying.

Broad range for the index in the coming week is seen from 23200 to 23300 on downside & 25400 to 25500 on upside.

Nifty FMCG Outlook for the Week (Sep 25, 2017 – Sep 29, 2017)

EquityPandit’s Outlook for NIFTY FMCG for the week  (Sep 25, 2017 – Sep 29, 2017) :  

NIFTY FMCG:

 

NIFTYFMCG

 

Nifty FMCG index closed the week on negative note losing around 1.10%.

As we have mentioned last week, that support for the index lies in the zone of 25000 to 25200 where break out levels are lying. If the index manages to close below these levels then the index can drift to the levels of 24600 to 24700 where Fibonacci levels are lying. During the week the index manages to hit a low of 25156 and close the week around the levels of 25220.

Support for the index lies in the zone of 25000 to 25200 where break out levels are lying. If the index manages to close below these levels then the index can drift to the levels of 24600 to 24700 where Fibonacci levels are lying.

Minor resistance for the index lies in the zone of 25400 to 25500. Resistance for the index lies in the zone of 25700 to 25800 where short and medium term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 25900 to 26000 where Fibonacci levels are lying.

Broad range for the index in the coming week is seen from 24500 to 24600 on downside & 25800 to 25900 on upside.

Nifty FMCG Outlook for the Week (Sep 18, 2017 – Sep 22, 2017)

EquityPandit’s Outlook for NIFTY FMCG for the week  (Sep 18, 2017 – Sep 22, 2017) :  

NIFTY FMCG:

 

NIFTYFMCG

 

Nifty FMCG index closed the week on positive note gaining around 0.40%.

As we have mentioned last week, that minor resistance for the index lies in the zone of 25550 to 25650. Resistance for the index lies in the zone of 26000 to 26100 where short term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 26600 to 26700. During the week the index manages to hit a high of 25935 and close the week around the levels of 25506.

Support for the index lies in the zone of 25000 to 25200 where break out levels are lying. If the index manages to close below these levels then the index can drift to the levels of 24600 to 24700 where Fibonacci levels are lying.

Minor resistance for the index lies in the zone of 25550 to 25650. Resistance for the index lies in the zone of 26000 to 26100 where short term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 26600 to 26700.

Broad range for the index in the coming week is seen from 24600 to 24700 on downside & 26200 to 26300 on upside.

Nifty FMCG Outlook for the Week (Sep 11, 2017 – Sep 15, 2017)

EquityPandit’s Outlook for NIFTY FMCG for the week  (Sep 11, 2017 – Sep 15, 2017) :  

NIFTY FMCG:

 

NIFTYFMCG

 

Nifty FMCG index closed the week on negative note losing around 2.10%.

As we have mentioned last week, that minor support for the index lies in the zone of 25700 to 25800. Support for the index lies in the zone of 25400 to 25500 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 25000 to 25200 where medium term moving averages and break out levels are lying. During the week the index manages to hit a low of 25276 and close the week around the levels of 25409.

Support for the index lies in the zone of 25000 to 25200 where medium term moving averages and break out levels are lying. If the index manages to close below these levels then the index can drift to the levels of 24600 to 24700 where Fibonacci levels are lying.

Minor resistance for the index lies in the zone of 25550 to 25650. Resistance for the index lies in the zone of 26000 to 26100 where short term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 26600 to 26700.

Broad range for the index in the coming week is seen from 24600 to 24700 on downside & 26200 to 26300 on upside.

Nifty FMCG Outlook for the Week (Sep 04, 2017 – Sep 08, 2017)

EquityPandit’s Outlook for NIFTY FMCG for the week  (Sep 04, 2017 – Sep 08, 2017) :  

NIFTY FMCG:

 

NIFTYFMCG

 

Nifty FMCG index closed the week on positive note gaining around 1.40%.

As we have mentioned last week, that support for the index lies in the zone of 25400 to 25500 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 25000 to 25200 where medium term moving averages and break out levels are lying. During the week the index manages to hit a low of 25445 and close the week around the levels of 25907.

Minor support for the index lies in the zone of 25700 to 25800. Support for the index lies in the zone of 25400 to 25500 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 25000 to 25200 where medium term moving averages and break out levels are lying.

Resistance for the index lies in the zone of 26100 to 26200 where short term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 26600 to 26700.

Broad range for the index in the coming week is seen from 24900 to 25000 on downside & 26800 to 26900 on upside.

Nifty FMCG Outlook for the Week (Aug 28, 2017 – Sep 01, 2017)

EquityPandit’s Outlook for NIFTY FMCG for the week  (Aug 28, 2017 – Sep 01, 2017) :  

NIFTY FMCG:

 

NIFTYFMCG

 

Nifty FMCG index closed the week on negative note losing around 0.60%.

As we have mentioned last week, that support for the index lies in the zone of 25400 to 25500 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 25000 to 25200 where medium term moving averages and break out levels are lying. During the week the index manages to hit a low of 25538 and close the week around the levels of 25555.

Support for the index lies in the zone of 25400 to 25500 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 25000 to 25200 where medium term moving averages and break out levels are lying.

Resistance for the index lies in the zone of 26100 to 26200 where short term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 26600 to 26700.

Broad range for the index in the coming week is seen from 24700 to 24800 on downside & 26600 to 26700 on upside.

Nifty FMCG Outlook for the Week (Aug 21, 2017 – Aug 25, 2017)

EquityPandit’s Outlook for NIFTY FMCG for the week  (Aug 21, 2017 – Aug 25, 2017) :  

NIFTY FMCG:

 

NIFTYFMCG

 

Nifty FMCG index closed the week on positive note gaining around 3.90%.

As we have mentioned last week, that resistance for the index lies in the zone of 25100 to 25200 where lows for the month of July-2017 and medium term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 25500 to 25600 where Fibonacci levels are lying. During the week the index manages to hit a high of 25751 and close the week around the levels of 25719.

Support for the index lies in the zone of 25400 to 25500 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 25000 to 25200 where medium term moving averages and break out levels are lying.

Resistance for the index lies in the zone of 26100 to 26200 where short term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 26600 to 26700.

Broad range for the index in the coming week is seen from 24700 to 24800 on downside & 26600 to 26700 on upside.

Nifty FMCG Outlook for the Week (Aug 14, 2017 – Aug 18, 2017)

EquityPandit’s Outlook for NIFTY FMCG for the week  (Aug 14, 2017 – Aug 18, 2017) :  

NIFTY FMCG:

 

NIFTYFMCG

 

Nifty FMCG index closed the week on negative note losing around 3.00%.

As we have mentioned last week, that support for the index lies in the zone of 25400 to 25500 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 24600 to 24700 where Fibonacci levels and medium term moving averages are lying. During the week the index manages to hit a low of 24665 and close the week around the levels of 24762.

Support for the index lies in the zone of 24600 to 24700 where Fibonacci levels and medium term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 23900 to 24000 where break out levels for the index is lying.

Resistance for the index lies in the zone of 25100 to 25200 where lows for the month of July-2017 and medium term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 25500 to 25600 where Fibonacci levels are lying.

Broad range for the index in the coming week is seen from 23900 to 24000 on downside & 25400 to 25500 on upside.

Nifty FMCG Outlook for the Week (Aug 07, 2017 – Aug 11, 2017)

EquityPandit’s Outlook for NIFTY FMCG for the week  (Aug 07, 2017 – Aug 11, 2017) :  

NIFTY FMCG:

 

NIFTYFMCG

 

Nifty FMCG index closed the week on negative note losing around 1.80%.

As we have mentioned last week, that minor support for the index lies in the zone of 25700 to 25800. Support for the index lies in the zone of 25400 to 25500 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 24600 to 24700 where Fibonacci levels and medium term moving averages are lying. During the week the index manages to hit a low of 25336 and close the week around the levels of 25551.

Support for the index lies in the zone of 25400 to 25500 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 24600 to 24700 where Fibonacci levels and medium term moving averages are lying.

Minor resistance for the index lies in the zone of 25750 to 25800. Resistance for the index lies in the zone of 26150 to 26250 where Fibonacci levels and short term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 27000 to 27100 from where the index opened gap down.

Broad range for the index in the coming week is seen from 24600 to 24800 on downside & 26400 to 26500 on upside.

Nifty FMCG Outlook for the Week (July 31, 2017 – Aug 04, 2017)

EquityPandit’s Outlook for NIFTY FMCG for the week  (July 31, 2017 – Aug 04, 2017) :  

NIFTY FMCG:

 

NIFTYFMCG

 

Nifty FMCG index closed the week on positive note gaining around 0.90%.

As we have mentioned last week, that resistance for the index lies in the zone of 26150 to 26250 where Fibonacci levels and short term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 27000 to 27100 from where the index opened gap down. During the week the index manages to hit a high of 26276 and close the week around the levels of 26034.

Minor support for the index lies in the zone of 25700 to 25800. Support for the index lies in the zone of 25400 to 25500 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 24600 to 24700 where Fibonacci levels and medium term moving averages are lying.

Resistance for the index lies in the zone of 26150 to 26250 where Fibonacci levels and short term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 27000 to 27100 from where the index opened gap down.

Broad range for the index in the coming week is seen from 25000 to 25100 on downside & 26800 to 27000 on upside.

Nifty FMCG Outlook for the Week (July 24, 2017 – July 28, 2017)

EquityPandit’s Outlook for NIFTY FMCG for the week  (July 24, 2017 – July 28, 2017) :  

NIFTY FMCG:

 

NIFTYFMCG

 

Nifty FMCG index closed the week on negative note losing around 7.40%.

As we have mentioned last week that minor resistance for the index lies in the zone of 27700 to 27800. Resistance for the index lies in the zone of 28200 to 28300. If the index manages to close above these levels then the index can move to the levels of 28800 to 29000. During the week the index manages to hit a high of 27772 and close the week around the levels of 25795.

Support for the index lies in the zone of 25400 to 25500 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 24600 to 24700 where Fibonacci levels and medium term moving averages are lying.

Resistance for the index lies in the zone of 26150 to 26250 where Fibonacci levels and short term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 27000 to 27100 from where the index opened gap down.

Broad range for the index in the coming week is seen from 24600 to 24700 on downside & 26800 to 27000 on upside.

Nifty FMCG Outlook for the Week (July 17, 2017 – July 21, 2017)

EquityPandit’s Outlook for NIFTY FMCG for the week  (July 17, 2017 – July 21, 2017) :  

NIFTY FMCG:

 

NIFTYFMCG

 

Nifty FMCG index closed the week on positive note gaining around 1.50%.

As we have mentioned last week that support for the index lies in the zone of 26800 to 27000 from where the index opened gap up. If the index manages to close below these levels then the index can drift to the levels of 26000 to 26200 from where the index broke out after consolidation. During the week the index manages to hit a low of 27049 and close the week around the levels of 27864.

Minor support for the index lies in the zone of 27500 to 27600. Support for the index lies in the zone of 26800 to 27000 from where the index opened gap up. If the index manages to close below these levels then the index can drift to the levels of 26000 to 26200 from where the index broke out after consolidation.

Minor resistance for the index lies in the zone of 27700 to 27800. Resistance for the index lies in the zone of 28200 to 28300. If the index manages to close above these levels then the index can move to the levels of 28800 to 29000.

Broad range for the index in the coming week is seen from 26800 to 27000 on downside & 28500 to 28700 on upside.

Nifty FMCG Outlook for the Week (July 10, 2017 – July 14, 2017)

EquityPandit’s Outlook for NIFTY FMCG for the week  (July 10, 2017 – July 14, 2017) :  

NIFTY FMCG:

 

NIFTYFMCG

 

Nifty FMCG index closed the week on positive note gaining around 2.70%.

As we have mentioned last week that the index is in strong uptrend and virtually no resistance is visible. Resistance for the index lies in the zone of 27200 to 27300. During the week the index manages to hit a high of 28267 and close the week around the levels of 27466.

Support for the index lies in the zone of 26800 to 27000 from where the index opened gap up. If the index manages to close below these levels then the index can drift to the levels of 26000 to 26200 from where the index broke out after consolidation.

Minor resistance for the index lies in the zone of 27700 to 27800. Resistance for the index lies in the zone of 28200 to 28300. If the index manages to close above these levels then the index can move to the levels of 28800 to 29000.

Broad range for the index in the coming week is seen from 26500 to 26700 on downside & 28500 to 28700 on upside.

Nifty FMCG Outlook for the Week (July 03, 2017 – July 07, 2017)

EquityPandit’s Outlook for NIFTY FMCG for the week  (July 03, 2017 – July 07, 2017) :  

NIFTY FMCG:

 

NIFTYFMCG

 

Nifty FMCG index closed the week on positive note gaining around 2.20%.

As we have mentioned last week that minor support for the index lies in the zone of 25900 to 26000. Support for the index lies in the zone of 25400 to 25500 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 24500 to 24600 where break out levels are lying. During the week the index manages to hit a low of 25906 and close the week around the levels of 26752.

Minor support for the index lies in the zone of 26400 to 26500. Support for the index lies in the zone of 25900 to 26000 from where the index broke out after consolidation. If the index manages to close below these levels then the index can drift to the levels of 25400 to 25500 where Fibonacci levels are lying.

The index is in strong uptrend and virtually no resistance is visible. Resistance for the index lies in the zone of 27200 to 27300.

Broad range for the index in the coming week is seen from 26000 to 26100 on downside & 27500 to 27700 on upside.

Nifty FMCG Outlook for the Week (June 27, 2017 – June 30, 2017)

EquityPandit’s Outlook for NIFTY FMCG for the week  (June 27, 2017 – June 30, 2017) :  

NIFTY FMCG:

 

NIFTYFMCG

 

Nifty FMCG index closed the week on positive note gaining around 1.00%.

As we have mentioned last week that minor resistance for the index lies in the zone of 26000 to 26100. Resistance for the index lies in the zone of 26500 to 26600. If the index manages to close above these levels then the index can move to the levels of 27200 to 27400 where Fibonacci levels are lying. During the week the index manages to hit a high of 26350 and close the week around the levels of 26164.

Minor support for the index lies in the zone of 25900 to 26000. Support for the index lies in the zone of 25400 to 25500 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 24500 to 24600 where break out levels are lying.

Resistance for the index lies in the zone of 26400 to 26500. If the index manages to close above these levels then the index can move to the levels of 26800 to 27000.

Broad range for the index in the coming week is seen from 25000 to 25100 on downside & 27000 to 27100 on upside.

Nifty FMCG Outlook for the Week (June 19, 2017 – June 23, 2017)

EquityPandit’s Outlook for NIFTY FMCG for the week  (June 19, 2017 – June 23, 2017) :  

NIFTY FMCG:

 

NIFTYFMCG

 

Nifty FMCG index closed the week on absolutely flat note.

As we have mentioned last week that minor resistance for the index lies in the zone of 26000 to 26100. Resistance for the index lies in the zone of 26500 to 26600. If the index manages to close above these levels then the index can move to the levels of 27200 to 27400 where Fibonacci levels are lying. During the week the index manages to hit a high of 26041 and close the week around the levels of 25914.

Support for the index lies in the zone of 25400 to 25500 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 24500 to 24600 where break out levels are lying.

Minor resistance for the index lies in the zone of 26000 to 26100. Resistance for the index lies in the zone of 26500 to 26600. If the index manages to close above these levels then the index can move to the levels of 27200 to 27400 where Fibonacci levels are lying.

Broad range for the index in the coming week is seen from 25000 to 25100 on downside & 27000 to 27100 on upside.

Nifty FMCG Outlook for the Week (June 12, 2017 – June 16, 2017)

EquityPandit’s Outlook for NIFTY FMCG for the week  (June 12, 2017 – June 16, 2017) :  

NIFTY FMCG:

 

NIFTYFMCG

 

Nifty FMCG index closed the week on negative note losing around 1.70%.

As we have mentioned last week that resistance for the index lies in the zone of 26600 to 26700. If the index manages to close above these levels then the index can move to the levels of 27200 to 27400 where Fibonacci levels are lying. During the week the index manages to hit a high of 26515 and close the week around the levels of 25941.

Support for the index lies in the zone of 25400 to 25500 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 24500 to 24600 where break out levels are lying.

Minor resistance for the index lies in the zone of 26000 to 26100. Resistance for the index lies in the zone of 26500 to 26600. If the index manages to close above these levels then the index can move to the levels of 27200 to 27400 where Fibonacci levels are lying.

Broad range for the index in the coming week is seen from 25000 to 25100 on downside & 27000 to 27100 on upside.

Nifty FMCG Outlook for the Week (June 05, 2017 – June 09, 2017)

EquityPandit’s Outlook for NIFTY FMCG for the week  (June 05, 2017 – June 09, 2017) :  

NIFTY FMCG:

 

NIFTYFMCG

 

Nifty FMCG index closed the week on positive note gaining around 3.50%.

As we have mentioned last week that minor support for the index lies in the zone of 25200 to 25300. Support for the index lies in the zone of 24600 to 24700 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 23800 to 24000 where break out levels and short term moving averages are lying. During the week the index manages to hit a low of 25264 and close the week around the levels of 26401.

Minor support for the index lies in the zone of 26000 to 26100. Support for the index lies in the zone of 25400 to 25500 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 24500 to 24600 where break out levels are lying.

Resistance for the index lies in the zone of 26600 to 26700. If the index manages to close above these levels then the index can move to the levels of 27200 to 27400 where Fibonacci levels are lying.

Broad range for the index in the coming week is seen from 25400 to 25500 on downside & 27300 to 27400 on upside.

Nifty FMCG Outlook for the Week (May 29, 2017 – June 02, 2017)

EquityPandit’s Outlook for NIFTY FMCG for the week  (May 29, 2017 – June 02, 2017) :  

NIFTY FMCG:

 

NIFTYFMCG

 

Nifty FMCG index closed the week on positive note gaining around 4.70%.

As we have mentioned last week that resistance for the index lies in the zone of 24500 to 24600 where Fibonacci extension is lying. If the index manages to close above these levels then the index can move to the levels of 24900 to 25000. During the week the index manages to hit a high of 25711 and close the week around the levels of 25507.

Minor support for the index lies in the zone of 25200 to 25300. Support for the index lies in the zone of 24600 to 24700 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 23800 to 24000 where break out levels and short term moving averages are lying.

Resistance for the index lies in the zone of 25700 to 25800. If the index manages to close above these levels then the index can move to the levels of 26000 to 26100 where Fibonacci levels are lying.

Broad range for the index in the coming week is seen from 24500 to 24600 on downside & 26200 to 26300 on upside.

Nifty FMCG Outlook for the Week (May 22, 2017 – May 26, 2017)

EquityPandit’s Outlook for NIFTY FMCG for the week  (May 22, 2017 – May 26, 2017) :  

NIFTY FMCG:

 

NIFTYFMCG

 

Nifty FMCG index closed the week on positive note gaining around 1.60%.

As we have mentioned last week that resistance for the index lies in the zone of 23800 to 24000 from where the index has broken down on intraday basis. If the index manages to close above these levels then the index can move to the levels of 24500 to 24600 where Fibonacci extension is lying. During the week the index manages to hit a high of 24922 and close the week around the levels of 24353.

Minor support for the index lies in the zone of 24000 to 24100. Support for the index lies in the zone of 23500 to 23700 where break out levels and short term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 23000 to 23200 where Fibonacci levels are lying.

Resistance for the index lies in the zone of 24500 to 24600 where Fibonacci extension is lying. If the index manages to close above these levels then the index can move to the levels of 24900 to 25000.

Broad range for the index in the coming week is seen from 23300 to 23500 on downside & 24800 to 24900 on upside.

Nifty FMCG Outlook for the Week (May 15, 2017 – May 19, 2017)

EquityPandit’s Outlook for NIFTY FMCG for the week  (May 15, 2017 – May 19, 2017) :  

NIFTY FMCG:

 

NIFTYFMCG

 

Nifty FMCG index closed the week on positive note gaining around 1.40%.

As we have mentioned last week that minor support for the index lies in the zone of 23300 to 23500. Support for the index lies in the zone of 22900 to 23000 from where the index opened gap up. If the index manages to close below these levels then the index can drift to the levels of 22300 to 22500 where the index has taken multiple support. During the week the index manages to hit a low of 23386 and close the week around the levels of 23967.

Minor support for the index lies in the zone of 23300 to 23500. Support for the index lies in the zone of 22900 to 23000 from where the index opened gap up. If the index manages to close below these levels then the index can drift to the levels of 22300 to 22500 where the index has taken multiple support.

Resistance for the index lies in the zone of 23800 to 24000 from where the index has broken down on intraday basis. If the index manages to close above these levels then the index can move to the levels of 24500 to 24600 where Fibonacci extension is lying.

Broad range for the index in the coming week is seen from 23000 to 23100 on downside & 24600 to 24700 on upside.

Nifty FMCG Outlook for the Week (May 08, 2017 – May 12, 2017)

EquityPandit’s Outlook for NIFTY FMCG for the week  (May 08, 2017 – May 12, 2017) :  

NIFTY FMCG:

 

NIFTYFMCG

 

Nifty FMCG index closed the week on negative note losing around 0.20%.

As we have mentioned last week that resistance for the index lies in the zone of 23750 to 23850 where highs for the month of March-2017 and April-2017 is lying. If the index manages to close above these levels then the index can move to the levels of 24500 to 24600 where Fibonacci extension is lying. During the week the index manages to hit a high of 23991 and close the week around the levels of 23630.

Minor support for the index lies in the zone of 23300 to 23500. Support for the index lies in the zone of 22900 to 23000 from where the index opened gap up. If the index manages to close below these levels then the index can drift to the levels of 22300 to 22500 where the index has taken multiple support.

Resistance for the index lies in the zone of 23800 to 24000 from where the index has broken down on intraday basis. If the index manages to close above these levels then the index can move to the levels of 24500 to 24600 where Fibonacci extension is lying.

Broad range for the index in the coming week is seen from 22500 to 22600 on downside & 24500 to 24600 on upside.

Nifty FMCG Outlook for the Week (May 02, 2017 – May 05, 2017)

EquityPandit’s Outlook for NIFTY FMCG for the week  (May 02, 2017 – May 05, 2017) :  

NIFTY FMCG:

 

NIFTYFMCG

 

Nifty FMCG index closed the week on positive note gaining around 1.90%.

As we have mentioned last week that minor resistance for the index lies in the zone of 23400 to 23500. Resistance for the index lies in the zone of 23750 to 23850 where the index has posted a life time highs. If the index manages to close above these levels then the index can move to the levels of 24250 to 24350. During the week the index manages to hit a high of 24389 and close the week around the levels of 23675.

Minor support for the index lies in the zone of 23300 to 23500. Support for the index lies in the zone of 22900 to 23000 from where the index opened gap up. If the index manages to close below these levels then the index can drift to the levels of 22300 to 22500 where the index has taken multiple support.

Resistance for the index lies in the zone of 23750 to 23850 where highs for the month of March-2017 and April-2017 is lying. If the index manages to close above these levels then the index can move to the levels of 24500 to 24600 where Fibonacci extension is lying.

Broad range for the index in the coming week is seen from 22500 to 22600 on downside & 24500 to 24600 on upside.

Nifty FMCG Outlook for the Week (April 24, 2017 – April 28, 2017)

EquityPandit’s Outlook for NIFTY FMCG for the week  (April 24, 2017 – April 28, 2017) :  

NIFTY FMCG:

 

NIFTYFMCG

 

Nifty FMCG index closed the week on negative note losing around 1.20%.

As we have mentioned last week that resistance for the index lies in the zone of 23750 to 23850 where the index has posted a life time highs. If the index manages to close above these levels then the index can move to the levels of 24250 to 24350. During the week the index manages to hit a high of 23723 and close the week around the levels of 23230.

Support for the index lies in the zone of 22900 to 23000 from where the index opened gap up. If the index manages to close below these levels then the index can drift to the levels of 22300 to 22500 where the index has taken multiple support.

Minor resistance for the index lies in the zone of 23400 to 23500. Resistance for the index lies in the zone of 23750 to 23850 where the index has posted a life time highs. If the index manages to close above these levels then the index can move to the levels of 24250 to 24350.

Broad range for the index in the coming week is seen from 22200 to 22300 on downside & 24000 to 24100 on upside.

Nifty FMCG Outlook for the Week (April 17, 2017 – April 21, 2017)

EquityPandit’s Outlook for NIFTY FMCG for the week  (April 17, 2017 – April 21, 2017) :  

NIFTY FMCG:

 

NIFTYFMCG

 

Nifty FMCG index closed the week on positive note gaining around 1.20%.

As we have mentioned last week that minor resistance for the index lies in the zone of 23400 to 23500. Resistance for the index lies in the zone of 23750 to 23850 where the index has posted a life time highs. If the index manages to close above these levels then the index can move to the levels of 24350 to 24500. During the week the index manages to hit a high of 23795 and close the week around the levels of 23508.

Minor support for the index lies in the zone of 23250 to 23350. Support for the index lies in the zone of 22900 to 23000 from where the index opened gap up. If the index manages to close below these levels then the index can drift to the levels of 22300 to 22500 where the index has taken multiple support.

Resistance for the index lies in the zone of 23750 to 23850 where the index has posted a life time highs. If the index manages to close above these levels then the index can move to the levels of 24250 to 24350.

Broad range for the index in the coming week is seen from 22500 to 22600 on downside & 24200 to 24300 on upside.

Nifty FMCG Outlook for the Week (April 10, 2017 – April 13, 2017)

EquityPandit’s Outlook for NIFTY FMCG for the week  (April 10, 2017 – April 13, 2017) :  

NIFTY FMCG:

 

NIFTYFMCG

 

Nifty FMCG index closed the week on negative note losing around 1.30%.

As we have mentioned last week that minor resistance for the index lies in the zone of 23600 to 23650. Resistance for the index lies in the zone of 23850 to 23950 where the index has posted a life time highs. If the index manages to close above these levels then the index can move to the levels of 24350 to 24500. During the week the index manages to hit a high of 23728 and close the week around the levels of 23236.

Minor support for the index lies in the zone of 23200 to 23300. Support for the index lies in the zone of 22900 to 23000 from where the index opened gap up. If the index manages to close below these levels then the index can drift to the levels of 22300 to 22500 where the index has taken multiple support.

Minor resistance for the index lies in the zone of 23400 to 23500. Resistance for the index lies in the zone of 23750 to 23850 where the index has posted a life time highs. If the index manages to close above these levels then the index can move to the levels of 24350 to 24500.

Broad range for the index in the coming week is seen from 22300 to 22400 on downside & 24000 to 24200 on upside.

Nifty FMCG Outlook for the Week (March 27, 2017 – March 31, 2017)

EquityPandit’s Outlook for NIFTY FMCG for the week (March 27, 2017 – March 31, 2017) :  

NIFTY FMCG:

 

NIFTYFMCG

 

Nifty FMCG index closed the week on absolutely flat note.

As we have mentioned last week that minor support for the index lies in the zone of 23200 to 23300. Support for the index lies in the zone of 22900 to 23000 from where the index opened gap up. If the index manages to close below these levels then the index can drift to the levels of 22300 to 22500 where the index has taken multiple support. During the week the index manages to hit a low of 23212 and close the week around the levels of 23455.

Minor support for the index lies in the zone of 23200 to 23300. Support for the index lies in the zone of 22900 to 23000 from where the index opened gap up. If the index manages to close below these levels then the index can drift to the levels of 22300 to 22500 where the index has taken multiple support.

Minor resistance for the index lies in the zone of 23600 to 23650. Resistance for the index lies in the zone of 23850 to 23950 where the index has posted a life time highs. If the index manages to close above these levels then the index can move to the levels of 24350 to 24500.

Broad range for the index in the coming week is seen from 22500 to 22600 on downside & 24400 to 24500 on upside.

Nifty FMCG Outlook for the Week (March 20, 2017 – March 24, 2017)

EquityPandit’s Outlook for NIFTY FMCG for the week (March 20, 2017 – March 24, 2017) :  

NIFTY FMCG:

 

NIFTYFMCG

 

Nifty FMCG index closed the week on positive note gaining around 5.10%.

As we have mentioned last week that minor resistance for the index lies in the zone of 22500 to 22600. Resistance for the index lies in the zone of 22850 to 22950 from where the index broke down on intraday basis. Resistance for the index lies in the zone of 23200 to 23300 where life time highs and trend-line joining earlier highs is lying. During the week the index manages to hit a high of 23843 and close the week around the levels of 23491.

Minor support for the index lies in the zone of 23200 to 23300. Support for the index lies in the zone of 22900 to 23000 from where the index opened gap up. If the index manages to close below these levels then the index can drift to the levels of 22300 to 22500 where the index has taken multiple support.

Minor resistance for the index lies in the zone of 23600 to 23650. Resistance for the index lies in the zone of 23850 to 23950 where the index has posted a life time highs. If the index manages to close above these levels then the index can move to the levels of 24350 to 24500.

Broad range for the index in the coming week is seen from 22500 to 22600 on downside & 24300 to 24500 on upside.

Nifty FMCG Outlook for the Week (March 14, 2017 – March 17, 2017)

EquityPandit’s Outlook for NIFTY FMCG for the week (March 14, 2017 – March 17, 2017) :  

NIFTY FMCG:

 

NIFTYFMCG

 

Nifty FMCG index closed the week on positive note gaining around 0.30%.

As we have mentioned last week that minor resistance for the index lies in the zone of 22500 to 22600. Resistance for the index lies in the zone of 22850 to 22950 from where the index broke down on intraday basis. Resistance for the index lies in the zone of 23200 to 23300 where life time highs and trend-line joining earlier highs is lying. During the week the index manages to hit a high of 22450 and close the week around the levels of 22342.

Minor support for the index lies in the zone of 22300 to 22400 from where the index broke out on intraday basis. Support for the index lies in the zone of 21750 to 21850 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 21400 to 21500 where 200 Daily SMA is lying.

Minor resistance for the index lies in the zone of 22500 to 22600. Resistance for the index lies in the zone of 22850 to 22950 from where the index broke down on intraday basis. Resistance for the index lies in the zone of 23200 to 23300 where life time highs and trend-line joining earlier highs is lying.

Broad range for the index in the coming week is seen from 21500 to 21600 on downside & 22800 to 22900 on upside.

Nifty FMCG Outlook for the Week (March 06, 2017 – March 10, 2017)

EquityPandit’s Outlook for NIFTY FMCG for the week (March 06, 2017 – March 10, 2017) :  

NIFTY FMCG:

 

NIFTYFMCG

 

Nifty FMCG index closed the week on negative note losing around 0.70%.

As we have mentioned last week that minor resistance for the index lies in the zone of 22500 to 22600. Resistance for the index lies in the zone of 22850 to 22950 from where the index broke down on intraday basis. Resistance for the index lies in the zone of 23200 to 23300 where life time highs and trend-line joining earlier highs is lying. During the week the index manages to hit a high of 22777 and close the week around the levels of 22281.

Minor support for the index lies in the zone of 22300 to 22400 from where the index broke out on intraday basis. Support for the index lies in the zone of 21750 to 21850 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 21400 to 21500 where 200 Daily SMA is lying.

Minor resistance for the index lies in the zone of 22500 to 22600. Resistance for the index lies in the zone of 22850 to 22950 from where the index broke down on intraday basis. Resistance for the index lies in the zone of 23200 to 23300 where life time highs and trend-line joining earlier highs is lying.

Broad range for the index in the coming week is seen from 21500 to 21600 on downside and 22800 to 22900 on upside.

Nifty FMCG Outlook for the Week (February 27, 2017 – March 03, 2017)

EquityPandit’s Outlook for NIFTY FMCG for the week (February 27, 2017 – March 03, 2017) :  

NIFTY FMCG:

 

NIFTYFMCG

 

Nifty FMCG index closed the week on absolutely flat note.

As we have mentioned last week that minor support for the index lies in the zone of 22300 to 22400 from where the index broke out on intraday basis. Support for the index lies in the zone of 21700 to 21800 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 21300 to 21400 where 200 Daily SMA is lying. During the week the index manages to hit a low of 22233 and close the week around the levels of 22435.

Minor support for the index lies in the zone of 22300 to 22400 from where the index broke out on intraday basis. Support for the index lies in the zone of 21700 to 21800 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 21300 to 21400 where 200 Daily SMA is lying.

Minor resistance for the index lies in the zone of 22500 to 22600. Resistance for the index lies in the zone of 22850 to 22950 from where the index broke down on intraday basis. Resistance for the index lies in the zone of 23200 to 23300 where life time highs and trend-line joining earlier highs is lying.

Broad range for the index in the coming week is seen from 21600 to 21700 on downside and 23100 to 23200 on upside.

Nifty FMCG Outlook for the Week (February 20, 2017 – February 24, 2017)

EquityPandit’s Outlook for NIFTY FMCG for the week (February 20, 2017 – February 24, 2017) :  

NIFTY FMCG:

 

NIFTYFMCG

 

Nifty FMCG index closed the week on negative note losing around 1.15%.

As we have mentioned last week that minor resistance for the index lies in the zone of 22800 to 22900. Resistance for the index lies in the zone of 23200 to 23300 where life time highs and trend-line joining earlier highs is lying. During the week the index manages to hit a high of 22881 and close the week around the levels of 22446.

Minor support for the index lies in the zone of 22300 to 22400 from where the index broke out on intraday basis. Support for the index lies in the zone of 21700 to 21800 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 21300 to 21400 where 200 Daily SMA is lying.

Minor resistance for the index lies in the zone of 22800 to 22900. Resistance for the index lies in the zone of 23200 to 23300 where life time highs and trend-line joining earlier highs is lying.

The index has formed a Shooting Star pattern on weekly basis. Every rise in the index will be sold off.

Broad range for the index in the coming week is seen from 21600 to 21700 on downside to 23100 to 23200 on upside.

Nifty FMCG Outlook for the Week (February 13, 2017 – February 17, 2017)

EquityPandit’s Outlook for NIFTY FMCG for the week (February 13, 2017 – February 17, 2017) :  

NIFTY FMCG:

 

NIFTYFMCG

 

Nifty FMCG index closed the week on positive note gaining around 0.28%.

As we have mentioned last week that minor resistance for the index lies in the zone of 22800 to 22900. Resistance for the index lies in the zone of 23200 to 23300 where life time highs and trend-line joining earlier highs is lying. During the week the index manages to hit a high of 23602 and close the week around the levels of 22709.

Minor support for the index lies in the zone of 22300 to 22400 from where the index broke out on intraday basis. Support for the index lies in the zone of 21900 to 22000 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 21200 to 21300 where 200 Daily SMA is lying.

Minor resistance for the index lies in the zone of 22800 to 22900. Resistance for the index lies in the zone of 23200 to 23300 where life time highs and trend-line joining earlier highs is lying.

The index has formed a Shooting Star pattern on weekly basis. Every rise in the index will be sold off.

Broad range for the index in the coming week is seen from 22000 to 22100 on downside to 23300 to 23400 on upside.

Nifty FMCG Outlook for the Week (February 06, 2017 – February 10, 2017)

EquityPandit’s Outlook for NIFTY FMCG for the week (February 06, 2017 – February 10, 2017) :  

NIFTY FMCG:

 

NIFTYFMCG

 

Nifty FMCG index closed the week on positive note gaining around 3.90%.

As we have mentioned last week that resistance for the index lies in the zone of 21750 to 21850 from where the index sold off and Fibonacci level is lying. If the index manages to close above these levels then the index can move to the levels of 22100 to 22300 from where the index sold off in the month of November-2016. During the week the index manages to hit a high of 22980 and close the week around the levels of 22645.

Minor support for the index lies in the zone of 22250 to 22350 from where the index broke out on intraday basis. Support for the index lies in the zone of 21900 to 22000 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 21200 to 21300 where 200 Daily SMA is lying.

Minor resistance for the index lies in the zone of 22800 to 22900. Resistance for the index lies in the zone of 23200 to 23300 where life time highs and trend-line joining earlier highs is lying.

Broad range for the index in the coming week is seen from 21500 to 21700 on downside to 23200 to 23300 on upside.

Nifty FMCG Outlook for the Week (January 30, 2017 – February 03, 2017)

EquityPandit’s Outlook for NIFTY FMCG for the week (January 30, 2017 – February 03, 2017) :  

NIFTY FMCG:

 

NIFTYFMCG

 

Nifty FMCG index closed the week on positive note gaining around 0.70%.

As we have mentioned last week that resistance for the index lies in the zone of 21750 to 21850 from where the index sold off and Fibonacci ratio is lying. If the index manages to close above these levels then the index can move to the levels of 22100 to 22200 from where the index sold off in the month of November-2016. During the week the index manages to hit a high of 22312 and close the week around the levels of 21798.

Minor support for the index lies in the zone of 21300 to 21400 from where the index broke out. Support for the index lies in the zone of 21000 to 21100 where 200 Daily SMA and Fibonacci level is lying. If the index manages to close below these levels then the index can drift to the levels of 20650 to 20750 from where the index broke out of December-2016 highs.

Resistance for the index lies in the zone of 21750 to 21850 from where the index sold off and Fibonacci level is lying. If the index manages to close above these levels then the index can move to the levels of 22100 to 22300 from where the index sold off in the month of November-2016.

Broad range for the index in the coming week is seen from 21000 to 21100 on downside to 22400 to 22500 on upside.

Nifty FMCG Outlook for the Week (January 23, 2017 – January 27, 2017)

EquityPandit’s Outlook for NIFTY FMCG for the week (January 23, 2017 – January 27, 2017) :  

NIFTY FMCG:

 

fmcg

 

Nifty FMCG index closed the week on positive note gaining around 1.90%.

As we have mentioned last week that resistance for the index lies in the zone of 21300 to 21400 from where the index has sold off in the month of November-2016. If the index manages to close above these levels then the index can move to the levels of 21800 to 21900 where Fibonacci ratios are lying. During the week the index manages to hit a high of 21723 and close the week around the levels of 21641.

Minor support for the index lies in the zone of 21300 to 21400 from where the index broke out. Support for the index lies in the zone of 21000 to 21100 where 200 Daily SMA and Fibonacci ratio is lying. If the index manages to close below these levels then the index can drift to the levels of 20650 to 20750 from where the index broke out of December-2016 highs.

Resistance for the index lies in the zone of 21750 to 21850 from where the index sold off and Fibonacci ratio is lying. If the index manages to close above these levels then the index can move to the levels of 22100 to 22200 from where the index sold off in the month of November-2016.

Broad range for the index in the coming week is seen from 21000 to 21100 on downside to 22100 to 22200 on upside.

Nifty FMCG Outlook for the Week (January 16, 2017 – January 20, 2017)

EquityPandit’s Outlook for NIFTY FMCG for the week (January 16, 2017 – January 20, 2017) :  

NIFTY FMCG:

 

fmcg

 

Nifty FMCG index closed the week on positive note gaining around 1.80%.

As we have mentioned last week that resistance for the index lies in the zone of 20900 to 21000 where 200 Daily SMA is lying. If the index manages to close above these levels then the index can move to the levels of 21300 to 21500 from where the index has sold off in the month of November-2016. During the week the index manages to hit a high of 21297 and close the week around the levels of 21233.

Minor support for the index lies in the zone of 20900 to 21000. Support for the index lies in the zone of 20500 to 20600 where short term moving averages are lying. Support for the index lies in the zone of 20000 to 20100 from where the index has broken out on intraday basis. If the index manages to close below these levels then the index can drift to the levels of 19500 to 19600 where the index has formed a double bottom pattern.

Resistance for the index lies in the zone of 21300 to 21400 from where the index has sold off in the month of November-2016. If the index manages to close above these levels then the index can move to the levels of 21800 to 21900 where Fibonacci ratios are lying.

Broad range for the index in the coming week is seen from 20600 to 20700 on downside to 21600 to 21700 on upside.

Nifty FMCG Outlook for the Week (January 09, 2017 – January 13, 2017)

EquityPandit’s Outlook for NIFTY FMCG for the week (January 09, 2017 – January 13, 2017) :  

NIFTY FMCG:

 

fmcg

 

Nifty FMCG index closed the week on positive note gaining around 0.50%.

As we have mentioned last week that resistance for the index lies in the zone of 20800 to 21000 where 200 Daily SMA is lying. If the index manages to close above these levels then the index can move to the levels of 21300 to 21500 from where the index has sold off in the month of November-2016. During the week the index manages to hit a high of 21230 and close the week around the levels of 20867.

Support for the index lies in the zone of 20500 to 20600 where short term moving averages are lying. Support for the index lies in the zone of 20000 to 20100 from where the index has broken out on intraday basis. If the index manages to close below these levels then the index can drift to the levels of 19500 to 19600 where the index has formed a double bottom pattern.

Resistance for the index lies in the zone of 20900 to 21000 where 200 Daily SMA is lying. If the index manages to close above these levels then the index can move to the levels of 21300 to 21500 from where the index has sold off in the month of November-2016.

Broad range for the index in the coming week is seen from 20200 to 20300 on downside to 21300 to 21500 on upside.

Nifty FMCG Outlook for the Week (January 02, 2017 – January 06, 2017)

EquityPandit’s Outlook for NIFTY FMCG for the week (January 02, 2017 – January 06, 2017) :  

NIFTY FMCG:

 

fmcg

 

Nifty FMCG index closed the week on positive note gaining around 5.90%.

As we have mentioned last week that support for the index lies in the zone of 19500 to 19600 where the index has formed a short term bottom. If the index manages to close below these levels then the index can drift to the levels of 19000 to 19100 where the index has taken support in the month of March-2016 and May-2016. During the week the index manages to hit a low of 19457 and close the week around the levels of 20754.

Minor support for the index lies in the zone of 20400 to 20500. Support for the index lies in the zone of 20000 to 20100 from where the index has broken out on intraday basis. If the index manages to close below these levels then the index can drift to the levels of 19500 to 19600 where the index has formed a double bottom pattern.

Resistance for the index lies in the zone of 20800 to 21000 where 200 Daily SMA is lying. If the index manages to close above these levels then the index can move to the levels of 21300 to 21500 from where the index has sold off in the month of November-2016.

Broad range for the index in the coming week is seen from 19800 to 20000 on downside to 21300 to 21500 on upside.

Nifty FMCG Outlook for the Week (December 26, 2016 – December 30, 2016)

EquityPandit’s Outlook for NIFTY FMCG for the week (December 26, 2016 – December 30, 2016) :  

NIFTY FMCG:

 

fmcg

 

Nifty FMCG index closed the week on negative note losing around 2.00%.

As we have mentioned last week that minor support for the index lies in the zone of 20000 to 20100. Support for the index lies in the zone of 19500 to 19600 where the index has formed a short term bottom. If the index manages to close below these levels then the index can drift to the levels of 19000 to 19100 where the index has taken support in the month of March-2016 and May-2016. During the week the index manages to hit a low of 19512 and close the week around the levels of 19593.

Support for the index lies in the zone of 19500 to 19600 where the index has formed a short term bottom. If the index manages to close below these levels then the index can drift to the levels of 19000 to 19100 where the index has taken support in the month of March-2016 and May-2016.

Minor resistance for the index lies in the zone of 19800 to 19900. Resistance for the index lies in the zone of 20000 to 20100 from where the index has broken down. If the index manages to close above these levels then the index can move to the levels of 20500 to 20600 where short term moving averages are lying.

Broad range for the index in the coming week is seen from 19100 to 19200 on downside to 20000 to 20100 on upside.

Nifty FMCG Outlook for the Week (December 19, 2016 – December 23, 2016)

EquityPandit’s Outlook for NIFTY FMCG for the week (December 19, 2016 – December 23, 2016) :  

NIFTY FMCG:

 

fmcg

 

Nifty FMCG index closed the week on negative note losing around 3.10%.

As we have mentioned last week that resistance for the index lies in the zone of 20600 to 20800 from where the index has broken down from the June-2016 lows and also long term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 21000 to 21100 from where the index has broken down from the October-2016 lows. During the week the index manages to hit a high of 20547 and close the week around the levels of 19997.

Minor support for the index lies in the zone of 20000 to 20100. Support for the index lies in the zone of 19500 to 19600 where the index has formed a short term bottom. If the index manages to close below these levels then the index can drift to the levels of 19000 to 19100 where the index has taken support in the month of March-2016 and May-2016.

Minor resistance for the index lies in the zone of 20300 to 20400. Resistance for the index lies in the zone of 20600 to 20800 from where the index has broken down from the June-2016 lows and also long term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 21000 to 21100 from where the index has broken down from the October-2016 lows.

Broad range for the index in the coming week is seen from 19100 to 19200 on downside to 20500 to 20600 on upside.

Nifty FMCG Outlook for the Week (December 12, 2016 – December 16, 2016)

EquityPandit’s Outlook for NIFTY FMCG for the week (December 12, 2016 – December 16, 2016) :  

NIFTY FMCG:

 

fmcg

 

Nifty FMCG index closed the week on positive note gaining around 2.20%.

As we have mentioned last week that resistance for the index lies in the zone of 20500 to 20700 from where the index has broken down from the June-2016 lows and also long term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 21000 to 21100 from where the index has broken down from the October-2016 lows. During the week the index manages to hit a high of 20757 and close the week around the levels of 20622.

Minor support for the index lies in the zone of 20000 to 20200. Support for the index lies in the zone of 19500 to 19600 where the index has formed a short term bottom. If the index manages to close below these levels then the index can drift to the levels of 19000 to 19100 where the index has taken support in the month of March-2016 and May-2016.

Resistance for the index lies in the zone of 20600 to 20800 from where the index has broken down from the June-2016 lows and also long term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 21000 to 21100 from where the index has broken down from the October-2016 lows.

Broad range for the index in the coming week is seen from 19500 to 19600 on downside to 21100 to 21200 on upside.

Nifty FMCG Outlook for the Week (December 05, 2016 – December 09, 2016)

EquityPandit’s Outlook for NIFTY FMCG for the week (December 05, 2016 – December 09, 2016) :  

NIFTY FMCG:

 

fmcg

 

Nifty FMCG index closed the week on absolutely flat note.

As we have mentioned last week that resistance for the index lies in the zone of 20500 to 20700 from where the index has broken down from the June-2016 lows and also long term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 21000 to 21100 from where the index has broken down from the October-2016 lows. During the week the index manages to hit a high of 20671 and close the week around the levels 20180.

Minor support for the index lies in the zone of 19900 to 20000. Support for the index lies in the zone of 19500 to 19600 where the index has formed a short term bottom. If the index manages to close below these levels then the index can drift to the levels of 19000 to 19100 where the index has taken support in the month of March-2016 and May-2016.

Resistance for the index lies in the zone of 20500 to 20700 from where the index has broken down from the June-2016 lows and also long term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 21000 to 21100 from where the index has broken down from the October-2016 lows.

Broad range for the index in the coming week is seen from 19200 to 19300 on downside to 20700 to 20800 on upside.

Nifty FMCG Outlook for the Week (November 28, 2016 – December 02, 2016)

EquityPandit’s Outlook for NIFTY FMCG for the week (November 28, 2016 – December 02, 2016) :  

NIFTY FMCG:

 

fmcg

 

Nifty FMCG index closed the week on positive note gaining around 1.00%.

As we have mentioned last week that minor support for the index lies in the zone of 19500. Support for the index lies in the zone of 19000 to 19100 where the index has taken support in the month of March-2016 and May-2016. If the index manages to close below these levels then the index can drift to the levels of 18000 from where the index has bounced in the month of February-2016. During the week the index manages to hit a low of 19659 and close the week around the levels of 20157.

Minor support for the index lies in the zone of 19900 to 20000. Support for the index lies in the zone of 19500 to 19600 where the index has formed a short term bottom. If the index manages to close below these levels then the index can drift to the levels of 19000 to 19100 where the index has taken support in the month of March-2016 and May-2016.

Resistance for the index lies in the zone of 20500 to 20700 from where the index has broken down from the June-2016 lows and also long term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 21000 to 21100 from where the index has broken down from the October-2016 lows.

Broad range for the index in the coming week is seen from 19200 to 19300 on downside to 20700 to 20800 on upside.

Nifty FMCG Outlook for the Week (November 21, 2016 – November 25, 2016)

EquityPandit’s Outlook for NIFTY FMCG for the week (November 21, 2016 – November 25, 2016) :  

NIFTY FMCG:

 

fmcg

 

Nifty FMCG index closed the week on negative note losing around 4.20%.

As we have mentioned last week that support for the index lies in the zone of 20500 where 200 Daily SMA is lying and trend-line joining lows of March – 2016 and May – 2016 is lying. If the index manages to close below these levels then the index can drift to the levels of 20000 to 20200. During the week the index manages to hit a low of 19918 and close the week around the levels of 19960.

Minor support for the index lies in the zone of 19500. Support for the index lies in the zone of 19000 to 19100 where the index has taken support in the month of March-2016 and May-2016. If the index manages to close below these levels then the index can drift to the levels of 18000 from where the index has bounced in the month of February-2016.

Resistance for the index lies in the zone of 20500 to 20700 where long term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 21300 to 21500 where medium term moving averages are lying.

Broad range for the index in the coming week is seen from 19200 to 19300 on downside to 20700 to 20800 on upside.

Nifty FMCG Outlook for the Week (November 15, 2016 – November 18, 2016)

EquityPandit’s Outlook for NIFTY FMCG for the week (November 15, 2016 – November 18, 2016) :  

NIFTY FMCG:

 

fmcg

 

Nifty FMCG index closed the week on negative note losing around 3.90%.

As we have mentioned last week that Support for the index lies in the zone of 21100 to 21300 from where the index has broken out of the top of June – 2016. If the index manages to close below these levels then the index can drift to the levels of 20500 where 200 Daily SMA is lying and trend-line joining lows of March – 2016 and May – 2016 is lying. During the week the index manages to hit a low of 20661 and close the week around the levels of 20826.

Support for the index lies in the zone of 20500 where 200 Daily SMA is lying and trend-line joining lows of March – 2016 and May – 2016 is lying. If the index manages to close below these levels then the index can drift to the levels of 20000 to 20200.

Minor resistance for the index lies in the zone of 21400 to 21500. Resistance for the index lies in the zone of 21700 to 21900 from where the index has broken down from the lows of July – 2016 and August – 2016. If the index manages to close above these levels then the index can move to the levels of 22300 to 22500.

Broad range for the index in the coming week is seen from 20000 to 20200 on downside to 21500 to 21700 on upside.

Nifty FMCG Outlook for the Week (November 07, 2016 – November 11, 2016)

EquityPandit’s Outlook for NIFTY FMCG for the week (November 07, 2016 – November 11, 2016) :  

NIFTY FMCG:

 

fmcg

 

Nifty FMCG index closed the week on positive note gaining around 0.80%.

As we have mentioned last week that support for the index lies in the zone of 21100 to 21300 from where the index has broken out of the top of June – 2016. If the index manages to close below these levels then the index can drift to the levels of 20500 where 200 Daily SMA is lying and trend-line joining lows of March – 2016 and May – 2016 is lying. During the week the index manages to hit a low of 21084 and close the week around the levels of 21659.

Support for the index lies in the zone of 21100 to 21300 from where the index has broken out of the top of June – 2016. If the index manages to close below these levels then the index can drift to the levels of 20500 where 200 Daily SMA is lying and trend-line joining lows of March – 2016 and May – 2016 is lying.

Minor resistance for the index lies in the zone of 21700 to 21900 from where the index has broken down from the lows of July – 2016 and August – 2016. If the index manages to close above these levels then the index can move to the levels of 22300 to 22500.

Broad range for the index in the coming week is seen from 20800 to 20900 on downside to 22000 to 22100 on upside.

Nifty FMCG Outlook for the Week (November 01, 2016 – November 04, 2016)

EquityPandit’s Outlook for NIFTY FMCG for the week (November 01, 2016 – November 04, 2016) :  

NIFTY FMCG:

 

fmcg

 

Nifty FMCG index closed the week on absolutely flat note.

As we have mentioned last week that support for the index lies in the zone of 21100 to 21300 from where the index has broken out of the top of June – 2016. If the index manages to close below these levels then the index can drift to the levels of 20500 where 200 Daily SMA is lying and trend-line joining lows of March – 2016 and May – 2016 is lying. During the week the index manages to hit a low of 21086 and close the week around the levels of 21548.

Support for the index lies in the zone of 21100 to 21300 from where the index has broken out of the top of June – 2016. If the index manages to close below these levels then the index can drift to the levels of 20500 where 200 Daily SMA is lying and trend-line joining lows of March – 2016 and May – 2016 is lying.

Minor resistance for the index lies in the zone of 21700 to 21900 from where the index has broken down from the lows of July – 2016 and August – 2016 and short term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 22200 to 22300.

Broad range for the index in the coming week is seen from 20800 to 20900 on downside to 22000 to 22100 on upside.

Nifty FMCG Outlook for the Week (October 24, 2016 – October 28, 2016)

EquityPandit’s Outlook for NIFTY FMCG for the week (October 24, 2016 – October 28, 2016) :  

NIFTY FMCG:

 

fmcg

 

Nifty FMCG index closed the week on positive note gaining around 0.60%.

As we have mentioned last week that support for the index lies in the zone of 21100 to 21300 from where the index has broken out of the top of June – 2016. If the index manages to close below these levels then the index can drift to the levels of 20500 where 200 Daily SMA is lying and trend-line joining lows of March – 2016 and May – 2016 is lying. During the week the index manages to hit a low of 21342 and close the week around the levels of 21547.

Support for the index lies in the zone of 21100 to 21300 from where the index has broken out of the top of June – 2016. If the index manages to close below these levels then the index can drift to the levels of 20500 where 200 Daily SMA is lying and trend-line joining lows of March – 2016 and May – 2016 is lying.

Minor resistance for the index lies in the zone of 21700 to 21900 from where the index has broken down from the lows of July – 2016 and August – 2016. If the index manages to close above these levels then the index can move to the levels 22000 to 22100 where short term moving averages are lying.

Broad range for the index in the coming week is seen from 21000 to 21100 on downside to 22000 to 22100 on upside.

Nifty FMCG Outlook for the Week (October 17, 2016 – October 21, 2016)

EquityPandit’s Outlook for NIFTY FMCG for the week (October 17, 2016 – October 21, 2016) :  

NIFTY FMCG:

 

fmcg

 

Nifty FMCG index closed the week on negative note losing around 1.00%.

As we have mentioned last week that the index has closed around the medium term moving averages lying at 21500. Support for the index lies in the zone of 21100 to 21300 from where the index has broken out of the top of June – 2016. If the index manages to close below these levels then the index can drift to the levels of 20500 where 200 Daily SMA is lying and trend-line joining lows of March – 2016 and May – 2016 is lying. During the week the index manages to hit a low of 21340 and close the week around the levels of 21423.

Support for the index lies in the zone of 21100 to 21300 from where the index has broken out of the top of June – 2016. If the index manages to close below these levels then the index can drift to the levels of 20500 where 200 Daily SMA is lying and trend-line joining lows of March – 2016 and May – 2016 is lying.

Minor resistance for the index lies in the zone of 21700 to 21900 from where the index has broken down from the lows of July – 2016 and August – 2016. If the index manages to close above these levels then the index can move to the levels 22000 to 22100 where short term moving averages are lying.

Broad range for the index in the coming week is seen from 20800 to 20900 on downside to 22100 to 22300 on upside.

Nifty FMCG Outlook for the Week (October 10, 2016 – October 14, 2016)

EquityPandit’s Outlook for NIFTY FMCG for the week (October 10, 2016 – October 14, 2016) :  

NIFTY FMCG:

 

fmcg

 

Nifty FMCG index closed the week on positive note gaining around 0.40%.

As we have mentioned last week that minor resistance for the index lies in the zone of 21700 to 21900 from where the index has broken down from the lows of July – 2016 and August – 2016. If the index manages to close above these levels then the index can move to the levels 22000 to 22100 where short term moving averages are lying. During the week the index manages to hit a high of 21879 and close the week around the levels of 21639.

The index has closed around the medium term moving averages lying at 21500. Support for the index lies in the zone of 21100 to 21300 from where the index has broken out of the top of June – 2016. If the index manages to close below these levels then the index can drift to the levels of 20500 where 200 Daily SMA is lying and trend-line joining lows of March – 2016 and May – 2016 is lying.

Minor resistance for the index lies in the zone of 21700 to 21900 from where the index has broken down from the lows of July – 2016 and August – 2016. If the index manages to close above these levels then the index can move to the levels 22000 to 22100 where short term moving averages are lying.

Broad range for the index in the coming week is seen from 20800 to 20900 on downside to 22100 to 22300 on upside.

Nifty FMCG Outlook for the Week (October 03, 2016 – October 07, 2016)

EquityPandit’s Outlook for NIFTY FMCG for the week (October 03, 2016 – October 07, 2016) :  

NIFTY FMCG:

 

fmcg

 

Nifty FMCG index closed the week on negative note losing around 3.50%.

As we have mentioned last week that support for the index lies in the zone of 22100 to 22200 where short term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 21600 to 21700 from where the index has bounced in the month of July – 2016 and August – 2016. During the week the index manages to hit a low of 21445 and close the week around the levels of 21542.

The index has closed around the medium term moving averages lying at 21500. Support for the index lies in the zone of 21100 to 21300 from where the index has broken out of the top of June – 2016. If the index manages to close below these levels then the index can drift to the levels of 20500 where 200 Daily SMA is lying and trend-line joining lows of March – 2016 and May – 2016 is lying.

Minor resistance for the index lies in the zone of 21700 to 21900 from where the index has broken down from the lows of July – 2016 and August – 2016. If the index manages to close above these levels then the index can move to the levels 22000 to 22100 where short term moving averages are lying.

Broad range for the index in the coming week is seen from 20800 to 20900 on downside to 22100 to 22300 on upside.

Nifty FMCG Outlook for the Week (September 26, 2016 – September 30, 2016)

EquityPandit’s Outlook for NIFTY FMCG for the week (September 26, 2016 – September 30, 2016) :  

NIFTY FMCG:

 

fmcg

 

Nifty FMCG index closed the week on negative note losing around 2.00%.

As we have mentioned last week that resistance for the index lies in the zone of 23000 to 23100. If the index manages to close above these levels then the index can move to the levels of 23500. During the week the index manages to hit a high of 22904 and close the week around the levels of 22316.

Support for the index lies in the zone of 22100 to 22200 where short term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 21600 to 21700 from where the index has bounced in the month of July – 2016 and August – 2016.

Minor resistance for the index lies in the zone of 22600. Resistance for the index lies in the zone of 23000 to 23100. If the index manages to close above these levels then the index can move to the levels of 23500.

Broad range for the index in the coming week is seen from 21600 to 21700 on downside to 22600 to 22700 on upside.

Nifty FMCG Outlook for the Week (September 19, 2016 – September 23, 2016)

EquityPandit’s Outlook for NIFTY FMCG for the week (September 19, 2016 – September 23, 2016) :  

NIFTY FMCG:

 

cnxfmcg

 

Nifty FMCG index closed the week on positive note gaining around 0.30%.

As we have mentioned last week that support for the index lies in the zone of 22400 to 22500. If the index manages to close below these levels then the index can drift to the levels of 22000 to 22100 where short term moving averages are lying. During the week the index manages to hit a low of 22217 and close the week around the levels of 22762.

Support for the index lies in the zone of 22400 to 22500. If the index manages to close below these levels then the index can drift to the levels of 22000 to 22100 where short term moving averages are lying.

Resistance for the index lies in the zone of 23000 to 23100. If the index manages to close above these levels then the index can move to the levels of 23500.

Broad range for the index in the coming week is seen from 22000 to 22100 on downside to 23300 to 23400 on upside.

Nifty FMCG Outlook for the Week (September 12, 2016 – September 16, 2016)

EquityPandit’s Outlook for NIFTY FMCG for the week (September 12, 2016 – September 16, 2016) :  

NIFTY FMCG:

 

fmcg

 

Nifty FMCG index closed the week on negative note losing around 0.40%.

As we have mentioned last week that index has closed at the life time highs so virtually no resistance lies. Resistance for the index lies in the zone of 23000 to 23100. If the index manages to close above these levels then the index can move to the levels of 23500. During the week the index manages to hit a high of 23219 and close the week around the levels of 22703.

Support for the index lies in the zone of 22400 to 22500. If the index manages to close below these levels then the index can drift to the levels of 22000 to 22100 where short term moving averages are lying.

Resistance for the index lies in the zone of 23000 to 23100. If the index manages to close above these levels then the index can move to the levels of 23500.

Broad range for the index in the coming week is seen from 22000 on downside to 23200 on upside.

Nifty FMCG Outlook for the Week (September 06, 2016 – September 09, 2016)

EquityPandit’s Outlook for NIFTY FMCG for the week (September 06, 2016 – September 09, 2016) :  

NIFTY FMCG:

 

cnxfmcg

 

Nifty FMCG index closed the week on positive note gaining around 2.40%.

As we have mentioned last week that minor resistance for the index lies in the zone of 22450 to 22500. Resistance for the index lies in the zone of 22600 to 22700 where life time highs for the index is lying. If the index manages to close above these levels then the index can move to the levels of 23000 to 23200. During the week the index manages to hit a high of 22833 and close the week around the levels of 22789.

Minor support for the index lies in the zone of 22580 to 22680. Support for the index lies in the zone of 22400 to 22500. If the index manages to close below these levels then the index can drift to the levels of 22000 to 22100 where short term moving averages are lying.

Index has closed at the life time highs so virtually no resistance lies. Resistance for the index lies in the zone of 23000 to 23100. If the index manages to close above these levels then the index can move to the levels of 23500.

Broad range for the index in the coming week is seen from 22300 on downside to 23100 on upside.

Nifty FMCG Outlook for the Week (August 29, 2016 – September 02, 2016)

EquityPandit’s Outlook for NIFTY FMCG for the week (August 29, 2016 – September 02, 2016) :  

NIFTY FMCG:

 

CNXFMCG

 

Nifty FMCG index closed the week on absolutely flat note.

As we have mentioned last week that resistance for the index lies in the zone of 22600 to 22700 where life time highs for the index is lying. If the index manages to close above these levels then the index can move to the levels of 23000 to 23200. During the week the index manages to hit 22436 and close the week around the levels of 22253.

Minor support for the index lies in the zone of 21700 to 21800. Support for the index lies in the zone of 21300 to 21400 from where the index has broken out of the short term top. If the index manages to close below these levels then the index can drift to the levels of 21000 where medium term moving averages are lying.

Minor resistance for the index lies in the zone of 22450 to 22500. Resistance for the index lies in the zone of 22600 to 22700 where life time highs for the index is lying. If the index manages to close above these levels then the index can move to the levels of 23000 to 23200.

Broad range for the index in the coming week is seen from 21700 on downside to 22500 on upside.

Nifty FMCG Outlook for the Week (August 22, 2016 – August 26, 2016)

EquityPandit’s Outlook for NIFTY FMCG for the week (August 22, 2016 – August 26, 2016):  

NIFTY FMCG:

 

cnxfmcg

 

Nifty FMCG index closed the week on negative note losing around 0.70%.

As we have mentioned last week that resistance for the index lies in the zone of 22600 to 22700 where life time highs for the index is lying. If the index manages to close above these levels then the index can move to the levels of 23000 to 23200. During the week the index manages to hit a high of 22587 and close the week around the levels of 22235.

Minor support for the index lies in the zone of 21700 to 21800. Support for the index lies in the zone of 21300 to 21400 from where the index has broken out of the short term top. If the index manages to close below these levels then the index can drift to the levels of 21000 where medium term moving averages are lying.

Resistance for the index lies in the zone of 22600 to 22700 where life time highs for the index is lying. If the index manages to close above these levels then the index can move to the levels of 23000 to 23200.

Broad range for the index in the coming week is seen from 21800 on downside to 22500 on upside.

Nifty FMCG Outlook for the Week (August 16, 2016 – August 19, 2016)

EquityPandit’s Outlook for NIFTY FMCG for the week (August 16, 2016 – August 19, 2016):  

NIFTY FMCG:

 

cnxfmcg

 

Nifty FMCG index closed the week on positive note gaining around 1.10%.

As we have mentioned last week that minor support for the index lies in the zone of 21700 to 21800. Support for the index lies in the zone of 21300 to 21400 from where the index has broken out of the short term top and short term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 21000 where medium term moving averages are lying. During the week the index manages to hit a low of 21789 and close the week around the levels of 22397.

Minor support for the index lies in the zone of 21700 to 21800. Support for the index lies in the zone of 21300 to 21400 from where the index has broken out of the short term top. If the index manages to close below these levels then the index can drift to the levels of 21000 where medium term moving averages are lying.

Resistance for the index lies in the zone of 22600 to 22700 where life time highs for the index is lying. If the index manages to close above these levels then the index can move to the levels of 23000 to 23200.

Broad range for the index in the coming week is seen from 21800 on downside to 22800 on upside.

Nifty FMCG Outlook for the Week (August 08, 2016 – August 12, 2016)

EquityPandit’s Outlook for NIFTY FMCG for the week (August 08, 2016 – August 12, 2016):  

NIFTY FMCG:

 

cnxfmcg

 

Nifty FMCG index closed the week on negative note losing around 0.30%.

As we have mentioned last week that minor resistance for the index lies in the zone of 22200 to 22300. Resistance for the index lies in the zone of 22600 to 22700 where life time highs for the index is lying. If the index manages to close above these levels then the index can move to the levels of 23000 to 23200. During the week the index manages to hit a high of 22692 and close the week around the levels of 22152.

Minor support for the index lies in the zone of 21700 to 21800. Support for the index lies in the zone of 21300 to 21400 from where the index has broken out of the short term top and short term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 21000 where medium term moving averages are lying.

Resistance for the index lies in the zone of 22600 to 22700 where life time highs for the index is lying. If the index manages to close above these levels then the index can move to the levels of 23000 to 23200.

Broad range for the index in the coming week is seen from 21600 on downside to 22600 on upside.

Nifty FMCG Outlook for the Week (August 01, 2016 – August 05, 2016)

EquityPandit’s Outlook for NIFTY FMCG for the week (August 01, 2016 – August 05, 2016):  

NIFTY FMCG:

 

cnxfmcg

 

Nifty FMCG index closed the week on positive note gaining around 1.00%.

As we have mentioned last week that minor support for the index lies in the zone of 21700 to 21800. Support for the index lies in the zone of 21300 to 21400 from where the index has broken out of the short term top. If the index manages to close below these levels then the index can drift to the levels of 21000 where short term moving averages are lying. During the week the index manages to hit a low of 21833 and close the week around the levels of 22229.

Minor support for the index lies in the zone of 21700 to 21800. Support for the index lies in the zone of 21300 to 21400 from where the index has broken out of the short term top and short term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 21000 where medium term moving averages are lying.

Minor resistance for the index lies in the zone of 22200 to 22300. Resistance for the index lies in the zone of 22600 to 22700 where life time highs for the index is lying. If the index manages to close above these levels then the index can move to the levels of 23000 to 23200.

Broad range for the index in the coming week is seen from 21600 on downside to 22600 on upside.

Nifty FMCG Outlook for the Week (July 25, 2016 – July 29, 2016)

EquityPandit’s Outlook for NIFTY FMCG for the week (July 25, 2016 – July 29, 2016):  

NIFTY FMCG:

 

CNXFMCG

 

Nifty FMCG index closed the week on absolutely flat note.

As we have mentioned last week that minor support for the index lies in the zone of 21700 to 21800. Support for the index lies in the zone of 21300 to 21400 from where the index has broken out of the short term top. If the index manages to close below these levels then the index can drift to the levels of 21000 where short term moving averages are lying. During the week the index manages to hit a low of 21696 and close the week around the levels of 22000.

Minor support for the index lies in the zone of 21700 to 21800. Support for the index lies in the zone of 21300 to 21400 from where the index has broken out of the short term top. If the index manages to close below these levels then the index can drift to the levels of 21000 where short term moving averages are lying.

Minor resistance for the index lies in the zone of 22200 to 22300. Resistance for the index lies in the zone of 22600 to 22700 where life time highs for the index is lying. If the index manages to close above these levels then the index can move to the levels of 23000 to 23200.

Broad range for the index in the coming week is seen from 21500 on downside to 22500 on upside.

Nifty FMCG Outlook for the Week (July 18, 2016 – July 22, 2016)

EquityPandit’s Outlook for NIFTY FMCG for the week (July 18, 2016 – July 22, 2016):  

NIFTY FMCG:

 

niftyfmcg

 

Nifty FMCG index closed the week on positive note gaining around 0.80%.

As we have mentioned last week that minor resistance for the index lies in the zone of 22100 to 22200. Resistance for the index lies in the zone of 22600 to 22700 where life time highs for the index is lying. If the index manages to close above these levels then the index can move to the levels of 23000 to 23200. During the week the index manages to hit a high of 22289 and close the week around the levels of 22031.

Minor support for the index lies in the zone of 21700 to 21800. Support for the index lies in the zone of 21300 to 21400 from where the index has broken out of the short term top. If the index manages to close below these levels then the index can drift to the levels of 21000 where short term moving averages are lying.

Minor resistance for the index lies in the zone of 22100 to 22200. Resistance for the index lies in the zone of 22600 to 22700 where life time highs for the index is lying. If the index manages to close above these levels then the index can move to the levels of 23000 to 23200.

Broad range for the index in the coming week is seen from 21500 on downside to 22500 on upside.

Nifty FMCG Outlook for the Week (July 11, 2016 – July 15, 2016)

EquityPandit’s Outlook for NIFTY FMCG for the week (July 11, 2016 – July 15, 2016):  

NIFTY FMCG:

 

cnxfmcg

 

Nifty FMCG index closed the week on negative note losing around 0.80%.

As we have mentioned last week that support for the index lies in the zone of 21300 to 21400 from where the index has broken out of the short term top. If the index manages to close below these levels then the index can drift to the levels of 21000 where short term moving averages are lying. During the week the index manages to hit a low of 21592 and close the week around the levels of 21856.

Minor resistance for the index lies in the zone of 22100 to 22200. Resistance for the index lies in the zone of 22600 to 22700 where life time highs for the index is lying. If the index manages to close above these levels then the index can move to the levels of 23000 to 23200.

Support for the index lies in the zone of 21300 to 21400 from where the index has broken out of the short term top. If the index manages to close below these levels then the index can drift to the levels of 21000 where short term moving averages are lying.

Broad range for the index in the coming week is seen from 21300 on downside to 22500 on upside.

Nifty FMCG Outlook for the Week (July 04, 2016 – July 08, 2016)

EquityPandit’s Outlook for NIFTY FMCG for the week (July 04, 2016 – July 08, 2016):  

NIFTY FMCG:

 

cnxfmcg

 

Nifty FMCG index closed the week on positive note gaining around 5.90%.

As we have mentioned last week that minor resistance for the index lies in the zone of 21000 to 21100. Resistance for the index lies in the zone of 21300 to 21500 from where the index has sold off in the month of April – 2015. If the index manages to close above these levels then the index can move to the levels of 22000 to 22500 where life time highs for the index is lying. During the week the index manages to hit a high of 22198 and close the week around the levels of 22025.

Resistance for the index lies in the zone of 22600 to 22700 where life time highs for the index is lying. If the index manages to close above these levels then the index can move to the levels of 2300 to 23200.

Support for the index lies in the zone of 21300 to 21400 from where the index has broken out of the short term top. If the index manages to close below these levels then the index can drift to the levels of 21000 where short term moving averages are lying.

Broad range for the index in the coming week is seen from 21300 on downside to 22700 on upside.

Nifty FMCG Outlook for the Week (June 27, 2016 – July 01, 2016)

EquityPandit’s Outlook for NIFTY FMCG for the week (June 27, 2016 – July 01, 2016):  

NIFTY FMCG:

 

cnxfmcg

 

Nifty FMCG index closed the week on negative note losing around 1.20%.

As we have mentioned last week that minor support for the index lies in the zone of 20350. Support for the index lies in the zone of 20000 to 20100 from where the index has broken out from the declining trend-line resistance. If the index manages to close below these levels then the index can drift to the levels of 19700 to 19800 where 200 Daily SMA is lying. During the week the index manages to hit a low of 20546 and close the week around the levels of 20789.

Minor resistance for the index lies in the zone of 21000 to 21100. Resistance for the index lies in the zone of 21300 to 21500 from where the index has sold off in the month of April – 2015. If the index manages to close above these levels then the index can move to the levels of 22000 to 22500 where life time highs for the index is lying.

Minor support for the index lies in the zone of 20350. Support for the index lies in the zone of 20000 to 20100 from where the index has broken out from the declining trend-line resistance. If the index manages to close below these levels then the index can drift to the levels of 19700 to 19800 where 200 Daily SMA is lying.

Broad range for the index in the coming week is seen from 20200 on downside to 21500 on upside.

Nifty FMCG Outlook for the Week (June 20, 2016 – June 24, 2016)

EquityPandit’s Outlook for NIFTY FMCG for the week (June 20, 2016 – June 24, 2016):  

NIFTY FMCG:

 

cnxfmcg

 

Nifty FMCG index closed the week on positive note gaining around 1.60%.

As we have mentioned last week that minor support for the index lies in the zone of 20350. Support for the index lies in the zone of 20000 to 20100 from where the index has broken out from the declining trend-line resistance. If the index manages to close below these levels then the index can drift to the levels of 19700 to 19800 where 200 Daily SMA is lying. During the week the index manages to hit a low of 20490 and close the week around the levels of 21045.

Resistance for the index lies in the zone of 21300 to 21500 from where the index has sold off in the month of April – 2015. If the index manages to close above these levels then the index can move to the levels of 22000 to 22500 where life time highs for the index is lying.

Minor support for the index lies in the zone of 20350. Support for the index lies in the zone of 20000 to 20100 from where the index has broken out from the declining trend-line resistance. If the index manages to close below these levels then the index can drift to the levels of 19700 to 19800 where 200 Daily SMA is lying.

Broad range for the index in the coming week is seen from 20200 on downside to 21500 on upside.

Nifty FMCG Outlook for the Week (June 13, 2016 – June 17, 2016)

EquityPandit’s Outlook for NIFTY FMCG for the week (June 13, 2016 – June 17, 2016):  

NIFTY FMCG:

 

cnxfmcg

 

Nifty FMCG index closed the week on negative note losing around 1.00%.

As we have mentioned last week that resistance for the index lies in the zone of 21300 to 21500 from where the index has sold off in the month of April – 2015. If the index manages to close above these levels then the index can move to the levels of 22000 to 22500 where life time highs for the index is lying. During the week the index manages to hit a high of 21311 and close the week around the levels of 20704.

Resistance for the index lies in the zone of 21300 to 21500 from where the index has sold off in the month of April – 2015. If the index manages to close above these levels then the index can move to the levels of 22000 to 22500 where life time highs for the index is lying.

Minor support for the index lies in the zone of 20350. Support for the index lies in the zone of 20000 to 20100 from where the index has broken out from the declining trend-line resistance. If the index manages to close below these levels then the index can drift to the levels of 19700 to 19800 where 200 Daily SMA is lying.

Broad range for the index in the coming week is seen from 20000 on downside to 21300 on upside.

Nifty FMCG Outlook for the Week (June 06, 2016 – June 10, 2016)

EquityPandit’s Outlook for NIFTY FMCG for the week (June 06, 2016 – June 10, 2016):  

NIFTY FMCG:

 

NIFTYFMCG

 

Nifty FMCG index closed the week on absolutely flat note.

As we have mentioned last week that resistance for the index lies in the zone of 21300 to 21500 from where the index has sold off in the month of April – 2015. If the index manages to close above these levels then the index can move to the levels of 22000 to 22500 where life time highs for the index is lying. During the week the index manages to hit a high of 21036 and close the week around the levels of 20912.

Resistance for the index lies in the zone of 21300 to 21500 from where the index has sold off in the month of April – 2015. If the index manages to close above these levels then the index can move to the levels of 22000 to 22500 where life time highs for the index is lying.

Support for the index lies in the zone of 20000 to 20100 from where the index has broken out from the declining trend-line resistance. If the index manages to close below these levels then the index can drift to the levels of 19700 to 19800 where 200 Daily SMA is lying.

Broad range for the index in the coming week is seen from 19800 on downside to 22000 on upside.

Nifty FMCG Outlook for the Week (May 30, 2016 – June 03, 2016)

EquityPandit’s Outlook for NIFTY FMCG for the week (May 30, 2016 – June 03, 2016):  

NIFTY FMCG:

 

niftyfmcg

 

Nifty FMCG index closed the week on positive note gaining around 6.10%.

As we have mentioned last week that resistance for the index lies in the zone of 19600 to 19800 where 200 & 500 Daily SMA is lying. If the index manages to close above these levels then the index can move to the levels of 20100 where trend-line joining earlier highs is lying. During the week the index manages to hit a high of 21022 and close the week around the levels of 20907.

Resistance for the index lies in the zone of 21300 to 21500 from where the index has sold off in the month of April – 2015. If the index manages to close above these levels then the index can move to the levels of 22000 to 22500 where life time highs for the index is lying.

Support for the index lies in the zone of 20000 to 20100 from where the index has broken out from the declining trend-line resistance. If the index manages to close below these levels then the index can drift to the levels of 19700 to 19800 where 200 Daily SMA is lying.

Broad range for the index in the coming week is seen from 19800 on downside to 22000 on upside.

Nifty FMCG Outlook for the Week (May 23, 2016 – May 27, 2016)

EquityPandit’s Outlook for NIFTY FMCG for the week (May 23, 2016 – May 27, 2016):  

NIFTY FMCG:

 

jcharts(3)

 

Nifty FMCG index closed the week on absolutely flat note.

As we have mentioned last week that resistance for the index lies in the zone of 19600 to 19800 where 200 & 500 Daily SMA is lying. If the index manages to close above these levels then the index can move to the levels of 20100 where trend-line joining earlier highs is lying. During the week the index manages to hit a high of 20085 and close the week around the levels of 19705.

Resistance for the index lies in the zone of 19600 to 19800 where 200 & 500 Daily SMA is lying. If the index manages to close above these levels then the index can move to the levels of 20100 where trend-line joining earlier highs is lying.

Support for the index lies in the zone of 19200 to 19300 where short term moving averages and 100 Daily SMA is lying. If the index manages to close below these levels then the index can drift to the levels of 18600 to 18800 from where the index has bounced in the month of March – 2016.

Broad range for the index in the coming week is seen from 18800 on downside to 20100 on upside.

Nifty FMCG Outlook for the Week (May 16, 2016 – May 20, 2016)

EquityPandit’s Outlook for NIFTY FMCG for the week (May 16, 2016 – May 20, 2016):  

NIFTY FMCG:

 

niftyfmcg

 

Nifty FMCG index closed the week on positive note gaining around 0.70%.

As we have mentioned last week that resistance for the index lies in the zone of 19600 to 19800 where 200 & 500 Daily SMA is lying. If the index manages to close above these levels then the index can move to the levels of 20100 where trend-line joining earlier highs is lying. During the week the index manages to hit a high of 19885 and close the week around the levels of 19653.

Resistance for the index lies in the zone of 19600 to 19800 where 200 & 500 Daily SMA is lying. If the index manages to close above these levels then the index can move to the levels of 20100 where trend-line joining earlier highs is lying.

Support for the index lies in the zone of 19200 to 19300 where short term moving averages and 100 Daily SMA is lying. If the index manages to close below these levels then the index can drift to the levels of 18600 to 18800 from where the index has bounced in the month of March – 2016.

Broad range for the index in the coming week is seen from 18800 on downside to 20100 on upside.

Nifty FMCG Outlook for the Week (May 09, 2016 – May 13, 2016)

EquityPandit’s Outlook for NIFTY FMCG for the week (May 09, 2016 – May 13, 2016):  

NIFTY FMCG:

 

niftyfmcg

 

Nifty FMCG index closed the week on negative note losing around 1.00%.

As we have mentioned last week that support for the index lies in the zone of 19600 to 19800 where 200 & 500 Daily SMA is lying. If the index manages to close below these levels then the index can drift to the levels of 19200 to 19300 where short term moving averages and 100 Daily SMA is lying. During the week the index manages to hit a low of 19125 and close the week around the levels of 19522.

Resistance for the index lies in the zone of 19600 to 19800 where 200 & 500 Daily SMA is lying. If the index manages to close above these levels then the index can move to the levels of 20100 where trend-line joining earlier highs is lying.

Support for the index lies in the zone of 19200 to 19300 where short term moving averages and 100 Daily SMA is lying. If the index manages to close below these levels then the index can drift to the levels of 18600 to 18800 from where the index has bounced in the month of March – 2016.

Broad range for the index in the coming week is seen from 18800 on downside to 20100 on upside.

Nifty FMCG Outlook for the Week (May 02, 2016 – May 06, 2016)

EquityPandit’s Outlook for NIFTY FMCG for the week (May 02, 2016 – May 06, 2016):  

NIFTY FMCG:

 

NIFTYFMCG

 

Nifty FMCG index closed the week on negative note losing around 0.60%.

As we have mentioned last week that resistance for the index lies in the zone of 20100 where trend-line joining earlier highs is lying. If the index manages to close above these levels then the index can move to the levels of 20300 to 20500 from where the index has sold off in the month of Jan – 2016. During the week the index manages to hit a high of 20165 and close the week around the levels of 19752.

Resistance for the index lies in the zone of 20100 where trend-line joining earlier highs is lying. If the index manages to close above these levels then the index can move to the levels of 20300 to 20500 from where the index has sold off in the month of Jan – 2016.

Support for the index lies in the zone of 19600 to 19800 where 200 & 500 Daily SMA is lying. If the index manages to close below these levels then the index can drift to the levels of 19200 to 19300 where short term moving averages and 100 Daily SMA is lying.

Broad range for the index in the coming week is seen from 19300 on downside to 20100 on upside.

Nifty FMCG Outlook for the Week (April 25, 2016 – April 29, 2016)

EquityPandit’s Outlook for NIFTY FMCG for the week (April 25, 2016 – April 29, 2016):  

NIFTY FMCG:

 

NIFTYFMCG

 

Nifty FMCG index closed the week on negative note losing around 0.90%.

As we have mentioned last week that the index has closed around the resistance zone of 20100 where trend-line joining earlier highs is lying. If the index manages to close above these levels then the index can move to the levels of 20300 to 20500 from where the index has sold off in the month of Jan – 2016. During the week the index manages to hit a high of 20349 and close the week around the levels of 19860.

Resistance for the index lies in the zone of 20100 where trend-line joining earlier highs is lying. If the index manages to close above these levels then the index can move to the levels of 20300 to 20500 from where the index has sold off in the month of Jan – 2016.

Support for the index lies in the zone of 19600 to 19800 where 200 & 500 Daily SMA is lying. If the index manages to close below these levels then the index can drift to the levels of 19200 to 19300 where short term moving averages and 100 Daily SMA is lying.

Broad range for the index in the coming week is seen from 19400 on downside to 20500 on upside.

Nifty FMCG Outlook for the Week (April 18, 2016 – April 22, 2016)

EquityPandit’s Outlook for NIFTY FMCG for the week (April 18, 2016 – April 22, 2016):  

NIFTY FMCG:

 

NIFTYFMCG

 

Nifty FMCG index closed the week on positive note gaining around 3.00%.

As we have mentioned last week that resistance for the index lies in the zone of 19600 to 19800 where 500 & 200 Daily SMA is lying. If the index manages to close above these levels then the index can move to the levels of 20100 where trend-line joining earlier highs is lying. During the week the index manages to hit a high of 20082 and close the week around the levels of 20045.

The index has closed around the resistance zone of 20100 where trend-line joining earlier highs is lying. If the index manages to close above these levels then the index can move to the levels of 20300 to 20500 from where the index has sold off in the month of Jan – 2016.

Support for the index lies in the zone of 19600 to 19800 where 200 & 500 Daily SMA is lying. If the index manages to close below these levels then the index can drift to the levels of 19200 to 19300 where short term moving averages and 100 Daily SMA is lying.

Broad range for the index in the coming week is seen from 19400 on downside to 20500 on upside.

Nifty FMCG Outlook for the Week (April 11, 2016 – April 13, 2016)

EquityPandit’s Outlook for NIFTY FMCG for the week (April 11, 2016 – April 13, 2016):  

NIFTY FMCG:

 

NIFTYFMCG

 

Nifty FMCG index closed the week on negative note losing around 2.70%.

As we have mentioned last week that resistance for the index lies in the zone of 19800 to 20000 where 200 Daily SMA is lying and trend-line joining earlier highs is lying. If the index manages to close above these levels then the index can move to the levels of 20500. During the week the index manages to hit a high of 20026 and close the week around the levels of 19992.

Resistance for the index lies in the zone of 19600 to 19800 where 500 & 200 Daily SMA is lying. If the index manages to close above these levels then the index can move to the levels of 20100 where trend-line joining earlier highs is lying.

Index has closed around the support zone of 19500 where 100 Daily SMA is lying. If the index manages to close below these levels then the index can drift to the levels of 18800 to 19000 where the index has formed a short term top.

Broad range for the index in the coming week is seen from 18800 on downside to 19800 on upside.

Nifty FMCG Outlook for the Week (April 04, 2016 – April 08, 2016)

EquityPandit’s Outlook for NIFTY FMCG for the week (March 28, 2016 – April 01, 2016):  

NIFTY FMCG:

 

NIFTYFMCG

 

Nifty FMCG index closed the week on positive note gaining around 1.90%.

As we have mentioned last week that resistance for the index lies in the zone of 19800 to 20000 where 200 Daily SMA is lying and trend-line joining earlier highs is lying. If the index manages to close above this levels then the index can move to the levels of 20500. During the week the index manages to hit a high of 20026 and close the week around the levels of 19992.

Resistance for the index lies in the zone of 20100 where trend-line joining earlier highs is lying. If the index manages to close above this levels then the index can move to the levels of 20500.

Support for the index lies in the zone of 19500 where 100 & 500 Daily SMA is lying. If the index manages to close below this levels then the index can drift to the levels of 18800 to 19000 where the index has formed a short term top.

Broad range for the index in the coming week is seen from 19500 on downside to 20500 on upside.

Nifty FMCG Outlook for the Week (March 28, 2016 – April 01, 2016)

EquityPandit’s Outlook for NIFTY FMCG for the week (March 28, 2016 – April 01, 2016):  

NIFTY FMCG:

 

NIFTYFMCG

 

Nifty FMCG index closed the week on positive note gaining around 0.40%.

As we have mentioned last week that the index has closed around the strong resistance zone of 19500 to 19600 where 100 & 500 Daily SMA and channel resistance is lying. If the index manages to close above this levels then the index can move to the levels of 19800 to 20000 where 200 Daily SMA is lying. During the week the index manages to hit a high of 19960 and close the week around the levels of 19629.

Resistance for the index lies in the zone of 19800 to 20000 where 200 Daily SMA is lying and trend-line joining earlier highs is lying. If the index manages to close above this levels then the index can move to the levels of 20500.

Support for the index lies in the zone of 19500 where 100 & 500 Daily SMA is lying. If the index manages to close below this levels then the index can drift to the levels of 18800 to 19000 where the index has formed a short term top.

Broad range for the index in the coming week is seen from 19000 on downside to 20000 on upside.

Nifty FMCG Outlook for the Week (March 21, 2016 – March 23, 2016)

EquityPandit’s Outlook for NIFTY FMCG for the week (March 21, 2016 – March 23, 2016):  

NIFTY FMCG:

 

NIFTYFMCG

 

Nifty FMCG index closed the week on positive note gaining around 0.90%.

As we have mentioned last week that the index has closed around the strong resistance zone of 19500 to 19600 where 100 & 500 Daily SMA and channel resistance is lying. If the index manages to close above this levels then the index can move to the levels of 19800 to 20000 where 200 Daily SMA is lying. During the week the index manages to hit a high of 19602 and close the week around the levels of 19518.

The index has closed around the strong resistance zone of 19500 to 19600 where 100 & 500 Daily SMA and channel resistance is lying. If the index manages to close above this levels then the index can move to the levels of 19800 to 20000 where 200 Daily SMA is lying and trend-line joining earlier highs is lying.

Minor support for the index lies in the zone of 18800 to 19000 where the index has formed a short term top. If the index manages close below this levels then the index can drift to the levels of 17200 to 17500 where 1000 Daily SMA and 200 Weekly SMA is lying.

Broad range for the index in the coming week is seen from 18800 on downside to 20000 on upside.

Nifty FMCG Outlook for the Week (March 14, 2016 – March 18, 2016)

EquityPandit’s Outlook for NIFTY FMCG for the week (March 14, 2016 – March 18, 2016):  

NIFTY FMCG:

 

NIFTYFMCG

 

Nifty FMCG index closed the week on positive note gaining around 1.20%.

As we have mentioned last week that the index has closed around the strong resistance zone of 19500 to 19600 where 100 & 500 Daily SMA and channel resistance is lying. If the index manages to close above this levels then the index can move to the levels of 19800 to 20000 where 200 Daily SMA is lying. During the week the index manages to hit a high of 19409 and close the week around the levels of 19374.

The index has closed around the strong resistance zone of 19500 to 19600 where 100 & 500 Daily SMA and channel resistance is lying. If the index manages to close above this levels then the index can move to the levels of 19800 to 20000 where 200 Daily SMA is lying.

Minor support for the index lies in the zone of 18600 to 18800 where the index has formed a short term top. If the index manages close below this levels then the index can drift to the levels of 17200 to 17500 where 1000 Daily SMA and 200 Weekly SMA is lying.

Broad range for the index in the coming week is seen from 18500 on downside to 19800 on upside.

 

 

Nifty FMCG Outlook for the Week (February 29, 2016 – March 04, 2016)

EquityPandit’s Outlook for NIFTY FMCG for the week (February 29, 2016 – March 04, 2016):

 

NIFTY FMCG:

 

NIFTYFMCG

 

Nifty FMCG index closed the week on negative note losing around 1.60%.

As we have mentioned last week that resistance for the index lies in the zone of 18600 to 18700 where trend-line joining lows on 13-10-14 and 15-06-15 is lying. If the index manages to close above this levels then the index can move to the levels of 19400 where 500 Daily SMA is lying. During the week the index manages to hit a high of 18672 and close the week around the levels of 18276.

The index has closed around the strong resistance zone of 18600 to 18700 where trend-line joining lows on 13-10-14 and 15-06-15 is lying. If the index manages to close above this levels then the index can move to the levels of 19400 where 500 Daily SMA is lying.

Minor support for the index lies in the zone of 17800 to 18000 where the index has formed a short term bottom. If the index manages close below this levels then the index can drift to the levels of 17200 to 17500 where 1000 Daily SMA and 200 Weekly SMA is lying.

Broad range for the index in the coming week is seen from 17700 on downside to 19000 on upside.

Nifty FMCG Outlook for the Week (February 22, 2016 – February 26, 2016)

EquityPandit’s Outlook for NIFTY FMCG for the week (February 22, 2016 – February 26, 2016):

 

NIFTY FMCG:

 

NIFTYFMCG

 

Nifty FMCG index closed the week on positive note gaining around 1.20%.

As we have mentioned last week that resistance for the index lies in the zone of 18600 to 18700 where trend-line joining lows on 13-10-14 and 15-06-15 is lying. If the index manages to close above this levels then the index can move to the levels of 19400 where 500 Daily SMA is lying. During the week the index manages to hit a high of 18621 and close the week around the levels of 18556.

The index has closed around the strong resistance zone of 18600 to 18700 where trend-line joining lows on 13-10-14 and 15-06-15 is lying. If the index manages to close above this levels then the index can move to the levels of 19400 where 500 Daily SMA is lying.

Minor support for the index lies in the zone of 18200 to 18400. If the index manages close below this levels then the index can drift to the levels of 17200 to 17500 where 1000 Daily SMA and 200 Weekly SMA is lying.

Broad range for the index in the coming week is seen from 17700 on downside to 19000 on upside.

Nifty FMCG Outlook for the Week (February 15, 2016 – February 19, 2016)

EquityPandit’s Outlook for NIFTY FMCG for the week (February 15, 2016 – February 19, 2016):

 

NIFTY FMCG:

 

NIFTYFMCG

 

Nifty FMCG index closed the week on negative note losing around 5.80%.

As we have mentioned last week that support for the index lies in the zone of 18600 to 18700 where trend-line joining lows on 13-10-14 and 15-06-15 is lying. If the index manages to close below this levels then the index can drift to the levels of 18200 to 18400 where short term bottom has been placed. During the week the index manages to hit a low of 18183 and close the week around the levels of 18331.

Resistance for the index lies in the zone of 18600 to 18700 where trend-line joining lows on 13-10-14 and 15-06-15 is lying. If the index manages to close above this levels then the index can move to the levels of 19400 where 500 Daily SMA is lying.

The index has closed around the support zone of 18200 to 18400 where short term bottom has been placed. If the index manages close below this levels then the index can drift to the levels of 17200 to 17500 where 1000 Daily SMA and 200 Weekly SMA is lying.

Broad range for the index in the coming week is seen from 17500 on downside to 19500 on upside.

Nifty FMCG Outlook for the Week (February 08, 2016 – February 12, 2016)

EquityPandit’s Outlook for NIFTY FMCG for the week (February 08, 2016 – February 12, 2016):

 

NIFTY FMCG:

 

NIFTYFMCG

 

Nifty FMCG index closed the week on positive note gaining around 1.70%.

As we have mentioned last week that resistance for the index lies in the zone of 19300 to 19500 where 500 Daily SMA and 100 Weekly SMA are positioned. If the index manages to close above this levels then the index can move to the levels of 19900 to 20000 where 100 & 200 Daily SMA is lying. During the week the index manages to hit a high of 19514 and close the week around the levels of 19461.

The index has closed around the resistance zone of 19300 to 19500 where 500 Daily SMA and 100 Weekly SMA are positioned. If the index manages to close above this levels then the index can move to the levels of 19900 to 20000 where 100 & 200 Daily SMA is lying.

Minor support for the index lies in the zone of 19000 where the index has formed a short term bottom. Support for the index lies in the zone of 18600 to 18700 where trend-line joining lows on 13-10-14 and 15-06-15 is lying. If the index manages to close below this levels then the index can drift to the levels of 18200 to 18400 where short term bottom has been placed.

Broad range for the index in the coming week is seen from 19000 on downside to 20000 on upside.

Nifty FMCG Outlook for the Week (February 01, 2016 – February 05, 2016)

EquityPandit’s Outlook for NIFTY FMCG for the week (February 01, 2016 – February 05, 2016):

 

NIFTY FMCG:

 

NIFTYFMCG

 

Nifty FMCG index closed the week on positive note gaining around 2.80%.

As we have mentioned last week that resistance for the index lies in the zone of 18950 where the index has opened gap down on 20/01/2016. If the index manages to close above this levels then the index can move to the levels of 19300 to 19500 where 500 Daily SMA and 100 Weekly SMA are positioned. During the week the index manages to hit a high of 19198 and closed around the levels of 19069.

Resistance for the index lies in the zone of 19300 to 19500 where 500 Daily SMA and 100 Weekly SMA are positioned. If the index manages to close above this levels then the index can move to the levels of 19900 to 20000 where 100 & 200 Daily SMA is lying.

Support for the index lies in the zone of 18600 to 18700 where trend-line joining lows on 13-10-14 and 15-06-15 is lying. If the index manages to close below this levels then the index can drift to the levels of 18200 to 18400 where short term bottom has been placed.

The index has formed a Bullish engulfing pattern on weekly charts in a downtrend indicating the trend reversal.

Broad range for the index in the coming week is seen from 18500 on downside to 19500 on upside.

Nifty FMCG Outlook for the Week (January 25, 2016 – January 29, 2016)

EquityPandit’s Outlook for NIFTY FMCG for the week (January 25, 2016 – January 29, 2016):

 

NIFTY FMCG:

 

NIFTYFMCG

 

Nifty FMCG index closed the week on negative note losing around 2.80%.

As we have mentioned last week that support for the index lies in the zone of 18700 where trend-line joining the lows of October – 2014 and June – 2015 is positioned. If the index closes below this levels then the index can drift to the levels of 18000. During the week the index manages to hit a low of 18416 and close around the levels of 18555.

Resistance for the index lies in the zone of 18950 where the index has opened gap down on 20/01/2016. If the index manages to close above this levels then the index can move to the levels of 19300 to 19500 where 500 Daily SMA and 100 Weekly SMA are positioned.

Support for the index lies in the zone of 18200 to 18400 where trend-line joining highs of July – 2013 and May – 2014 is positioned. If the index closes below this levels then the index can drift to the levels of 17300 to 17500 where 1000 Daily SMA and 200 Weekly SMA is lying.

Broad range for the index in the coming week is seen from 18000 on downside to 19000 on upside.

Nifty FMCG Outlook for the Week (January 18, 2016 – January 22, 2016)

EquityPandit’s Outlook for NIFTY FMCG for the week (January 18, 2016 – January 22, 2016):

 

NIFTY FMCG:

 

NIFTYFMCG

 

Nifty FMCG index closed the week on negative note losing around 1.50%.

As we have mentioned last week that resistance for the index lies in the zone of 19600 to 19700 where 100 Weekly SMA is positioned. If the index manages to close above this levels then the index can move to the levels of 20000 where 100 & 200 Daily SMA are lying. During the week the index manages to hit a high of 19547 and retraced to close the week around the levels of 19078.

Resistance for the index lies in the zone of 19600 to 19700 where 100 Weekly SMA is positioned. If the index manages to close above this levels then the index can move to the levels of 20000 where 100 & 200 Daily SMA are lying.

Support for the index lies in the zone of 18700 where trend-line joining the lows of October – 2014 and June – 2015 is positioned. If the index closes below this levels then the index can drift to the levels of 18000.

Broad range for the index in the coming week is seen from 18200 on downside to 19800 on upside.

Nifty FMCG Outlook for the Week (January 11, 2016 – January 15, 2016)

EquityPandit’s Outlook for NIFTY FMCG for the week (January 11, 2016 – January 15, 2016):

 

NIFTY FMCG:

 

NIFTYFMCG

 

Nifty FMCG index closed the week on negative note losing around 4.10%.

As we have mentioned last week that the Index has closed just above the strong resistance zone of 20100 to 20200 where 100 & 200 Daily SMA are positioned. If the index manages to close above this levels then the index can move to the levels of 20700 where trend-line joining earlier high is positioned. During the week the index manages to hit a high of 20146 and sold off to close the week around the levels of 19344.

Resistance for the index lies in the zone of 19600 to 19700 where 100 Weekly SMA is positioned. If the index manages to close above this levels then the index can move to the levels of 20000 where 100 & 200 Daily SMA are lying.

Support for the index lies in the zone of 19200 where trend-line joining recent lows is positioned. If the index closes below this levels then the index can drift to the levels of 18700 where trend-line joining the lows of October – 2014 and June – 2015 is positioned.

Broad range for the index in the coming week is seen from 18700 on downside to 20000 on upside.

Nifty FMCG Outlook for the Week (January 04, 2016 – January 08, 2016)

EquityPandit’s Outlook for NIFTY FMCG for the week (January 04, 2016 – January 08, 2016):

 

NIFTY FMCG:

 

NIFTYFMCG

 

Nifty FMCG index closed the week on positive note gaining around 0.60%.

As we have mentioned last week that the resistance for the index lies in the zone of 20100 to 20200 where 100 & 200 Daily SMA are positioned. If the index manages to close above this levels then the index can move to the levels of 20700 where trend-line joining earlier high is positioned. During the week the index manages to hit a high of 20258 and manage to close around the levels of 20185.

Index has closed just above the strong resistance zone of 20100 to 20200 where 100 & 200 Daily SMA are positioned. If the index manages to close above this levels then the index can move to the levels of 20700 where trend-line joining earlier high is positioned.

Support for the index lies in the zone of 19800 to 20000 where short term moving averages are lying. If the index manages to close below this levels then the index can drift to the levels of 19500 where 100 Weekly SMA is positioned.

Broad range for the index in the coming week is seen from 19500 on downside to 20500 on upside.

Nifty FMCG Outlook for the Week (December 28, 2015 – January 01, 2016)

EquityPandit’s Outlook for NIFTY FMCG for the week (December 28, 2015 – January 01, 2016):

 

NIFTY FMCG:

 

 

NIFTYFMCG

 

 

Nifty FMCG index closed the week on positive note gaining around 1.10%.

As we have mentioned last week that the resistance for the index lies in the zone of 20100 to 20200 where 100 & 200 Daily SMA are positioned. If the index manages to close above this levels then the index can move to the levels of 20700 where trend-line joining earlier high is positioned. During the week the index manages to hit a high of 20167 and manage to close around the levels of 20041.

Resistance for the index lies in the zone of 20100 to 20200 where 100 & 200 Daily SMA are positioned. If the index manages to close above this levels then the index can move to the levels of 20700 where trend-line joining earlier high is positioned.

Support for the index lies in the zone of 19100 to 19300 where long term trend-line, 500 Daily SMA and 100 Weekly SMA are positioned. If the index close below this levels then the index can drift to the levels of 18000 and the index can witness the free fall as no support is visible in near term.

Broad range for the index in the coming week is seen from 19300 on downside to 20400 on upside.

Nifty FMCG Outlook for the Week (December 21, 2015 – December 24, 2015)

EquityPandit’s Outlook for NIFTY FMCG for the week (December 21, 2015 – December 24, 2015):

 

NIFTY FMCG:

 

 

NIFTYFMCG

 

 

Nifty FMCG index closed the week on positive note gaining around 1.0%.

As we have mentioned last week that the support for the index lies in the zone of 19100 to 19300 where long term trend-line, 500 Daily SMA and 100 Weekly SMA are positioned. If the index close below this levels then the index can drift to the levels of 18000 and the index can witness the free fall as no support is visible in near term. During the week the index manages to hit a low of 19495 and bounce to close the week around the levels of 19802.

Resistance for the index lies in the zone of 20100 to 20200 where 100 & 200 Daily SMA are positioned. If the index manages to close above this levels then the index can move to the levels of 20700 where trend-line joining earlier high is positioned.

Support for the index lies in the zone of 19100 to 19300 where long term trend-line, 500 Daily SMA and 100 Weekly SMA are positioned. If the index close below this levels then the index can drift to the levels of 18000 and the index can witness the free fall as no support is visible in near term.

Broad range for the index in the coming week is seen from 19200 on downside to 20400 on upside.

Nifty FMCG Outlook for the Week (December 14, 2015 – December 18, 2015)

EquityPandit’s Outlook for NIFTY FMCG for the week (December 14, 2015 – December 18, 2015):

 

NIFTY FMCG:

 

 

NIFTYFMCG

 

 

Nifty FMCG index closed the week on negative note losing around 2.35%.

As we have mentioned last week that the index has closed below the strong support zone of 20200. Support for the index lies in the zone of 19300 to 19500 where 500 Daily and 100 Weekly SMA are positioned. During the week the index manages to hit a low of 19415 and close the week around the levels of 19616.

Resistance for the index lies in the zone of 20200 where 100 & 200 Daily SMA are positioned. If the index manages to close above this levels then the index can move to the levels of 20700 where trend-line joining earlier high is positioned.

Support for the index lies in the zone of 19100 to 19300 where long term trend-line, 500 Daily SMA and 100 Weekly SMA are positioned. If the index close below this levels then the index can drift to the levels of 18000 and the index can witness the free fall as no support is visible in near term.

Broad range for the index in the coming week is seen from 18800 on downside to 20400 on upside.

Nifty FMCG Outlook for the Week (December 07, 2015 – December 11, 2015)

EquityPandit’s Outlook for NIFTY FMCG for the week (December 07, 2015 – December 11, 2015):

 

NIFTY FMCG:

 

 

NIFTYFMCG

 

 

Nifty FMCG index closed the week on negative note losing around 1.80%.

As we have mentioned last week that resistance for the index lies in the zone of 21000 from where the index has sold off on previous occasion. If the index manages to close above this levels then the index can move to the levels of 22000. During the week the index manages to hit a high of 20689 and sold off to close the week around the levels of 20079.

Resistance for the index lies in the zone of 20200 where 100 & 200 Daily SMA are positioned. If the index manages to close above this levels then the index can move to the levels of 20700 where trend-line joining earlier high is positioned.

The index has closed below the strong support zone of 20200. Support for the index lies in the zone of 19300 to 19500 where 500 Daily and 100 Weekly SMA are positioned.

Broad range for the index in the coming week is seen from 19400 on downside to 20400 on upside.

Nifty FMCG Outlook for the Week (November 30, 2015 – December 04, 2015)

EquityPandit’s Outlook for NIFTY FMCG for the week (November 30, 2015 – December 04, 2015):

 

NIFTY FMCG:

 

 

NIFTYFMCG

 

 

Nifty FMCG index closed the week on absolutely flat note.

As we have mentioned last week that support for the index lies in the zone of 20000 where 100 & 200 Daily SMA are positioned. If the index closes below this levels then the index can drift to the levels of 19500 to 19700. During the week the index manages to hit a low of 20032 and bounce to close the week around the levels of 20450.

Resistance for the index lies in the zone of 21000 from where the index has sold off on previous occasion. If the index manages to close above this levels then the index can move to the levels of 22000.

Support for the index lies in the zone of 20100 to 20200 where 100 & 200 Daily SMA are positioned. If the index closes below this levels then the index can drift to the levels of 19500 to 19700.

The index has formed a Hanging Man candlestick pattern on 27/11/2015 and on weekly charts in an uptrend. The index has to close above the levels of 20470 to negate this pattern.

Broad range for the index in the coming week is seen from 19500 on downside to 21000 on upside.

Nifty FMCG Outlook for the Week (November 23, 2015 – November 27, 2015)

EquityPandit’s Outlook for NIFTY FMCG for the week (November 23, 2015 – November 27, 2015):

 

NIFTY FMCG:

 

 

NIFTYFMCG

 

 

Nifty FMCG index closed the week on positive note gaining around 2.7%.

As we have mentioned last week that resistance for the index lies in the zone of 20100 to 20300 where 100 & 200 Daily SMA are positioned. If the index manages to close above this levels then the index can move to the levels of 20500. During the week the index manages to hit a high of 20690 and close the week around the levels of 20441.

Resistance for the index lies in the zone of 21000 from where the index has sold off on previous occasion. If the index manages to close above this levels then the index can move to the levels of 22000.

Support for the index lies in the zone of 20000 where 100 & 200 Daily SMA are positioned. If the index closes below this levels then the index can drift to the levels of 19500 to 19700.

On daily charts the index has formed a Bearish engulfing pattern, so the index has to move above the levels of 20690 to negate this pattern.

Broad range for the index in the coming week is seen from 19500 on downside to 21000 on upside.

Nifty FMCG Outlook for the Week (November 16, 2015 – November 20, 2015)

EquityPandit’s Outlook for NIFTY FMCG for the week (November 16, 2015 – November 20, 2015):

 

NIFTY FMCG:

 

 

NIFTYFMCG

 

 

Nifty FMCG index closed the week on negative note losing around 1.80%.

As we have mentioned last week that resistance for the index lies in the zone of 20300 to 20500 where 200 Daily SMA and trend-line resistance are positioned. If the index manages to close above this levels then the index can move to the levels of 21000. During the week the index manages to hit a high of 20552 and close the week around the levels of 19896.

Resistance for the index lies in the zone of 20100 to 20300 where 100 & 200 Daily SMA are positioned. If the index manages to close above this levels then the index can move to the levels of 20500.

Support for the index lies in the zone of 19350 where trend-line support and 100 Weekly SMA for the index is lying. If the index closes below this levels then the index can drift to the levels of 19000 where 500 Daily SMA is positioned.

Broad range for the index in the coming week is seen from 19300 on downside to 20300 on upside.

CNX FMCG Outlook for the Week (November 09, 2015 – November 13, 2015)

EquityPandit’s Outlook for CNX FMCG for the week (November 09, 2015 – November 13, 2015):

 

CNX FMCG:

 

 

CNXFMCG

 

 

CNX FMCG index closed the week on positive note gaining around 0.80%.

As we have mentioned last week that resistance for the index lies in the zone of 20300 to 20500 where 200 Daily SMA and trend-line resistance are positioned. If the index manages to close above this levels then the index can move to the levels of 21000. During the week the index manages to hit a high of 20419 and close the week around the levels of 20277.

Resistance for the index lies in the zone of 20300 to 20500 where 200 Daily SMA and trend-line resistance are positioned. If the index manages to close above this levels then the index can move to the levels of 21000.

Support for the index lies in the zone of 20000 where 100 Daily SMA is positioned. If the index closes below this levels then the index can drift to the levels of 19350 where long term support for the index is positioned.

Broad range for the index in the coming week is seen from 19500 to 19700 on downside to 20500 to 20600 on upside.

CNX FMCG Outlook for the Week (November 02, 2015 – November 06, 2015)

EquityPandit’s Outlook for CNX FMCG for the week (November 02, 2015 – November 06, 2015):

 

CNX FMCG:

 

 

CNXFMCG

 

 

CNX FMCG index closed the week on negative note losing around 3.4%.

As we have mentioned last week that the index has broken out of the declining trend-line joining highs which was positioned around the levels of 20600. The index can move to the levels of 21000 from where the index has sold off in the month of August – 2015. During the week the index manages to hit a high of 20950 and sold off to close the week around the levels of 20116.

Resistance for the index lies in the zone of 20300 to 20500 where 200 Daily SMA and trend-line resistance are positioned. If the index manages to close above this levels then the index can move to the levels of 21000.

Support for the index lies in the zone of 20000 where 100 Daily SMA is positioned. If the index closes below this levels then the index can drift to the levels of 19350 where long term support for the index is positioned.

Broad range for the index in the coming week is seen from 19000 to 19300 on downside to 20500 to 21000 on upside.

CNX FMCG Outlook for the Week (October 26, 2015 – October 30, 2015)

EquityPandit’s Outlook for CNX FMCG for the week (October 26, 2015 – October 30, 2015):

 

CNX FMCG:

 

 

CNXFMCG

 

CNX FMCG index closed the week on positive note gaining around 2.0%.

As we have mentioned last week that support for the index lies in the zone of 20000 to 20200 where 100 & 200 Daily SMA are positioned. If the index closes below the levels of 20000 then the index can drift to the levels of 19300 where long term trend-line support for the index is lying. During the week the index manages to hit a low of 20325 and bounce to close the week around the levels of 20834.

The index has also broken out of the declining trend-line joining highs which was positioned around the levels of 20600. The index can move to the levels of 21000 from where the index has sold off in the month of August – 2015.

Support for the index lies in the zone of 20500 to 20600 from where the index has broken out of the declining trend-line. If the index breaks below this levels on closing basis then the index can drift to the levels of 20300 where 200 Daily SMA is positioned.

Broad range for the index in the coming week is seen from 20300 to 20500 on downside to 21000 to 21300 on upside.

CNX FMCG Outlook for the Week (October 19, 2015 – October 23, 2015)

EquityPandit’s Outlook for CNX FMCG for the week (October 19, 2015 – October 23, 2015):

 

CNX FMCG:

 

 

CNXFMCG

 

 

CNX FMCG index closed the week on negative note losing around 0.4%.

As we have mentioned last week that the index has been forming the bearish pattern on daily charts. Support for the index lies in the zone of 20000 to 20200 where 100 & 200 Daily SMA are positioned. If the index closes below the levels of 20000 then the index can drift to the levels of 19300 where long term trend-line support for the index is lying. During the week the index manages to hit a low of 20234 and close the week around the levels of 20439.

Support for the index lies in the zone of 20000 to 20200 where 100 & 200 Daily SMA are positioned. If the index closes below the levels of 20000 then the index can drift to the levels of 19300 where long term trend-line support for the index is lying.

Resistance for the index lies in the zone of 20600 where trend-line joining highs is positioned. If the index manages to close above this levels then the index can move to the levels of 21000.

Broad range for the index in the coming week is seen from 19800 to 20000 on downside to 20800 to 21000 on upside.

CNX FMCG Outlook for the Week (October 12, 2015 – October 16, 2015)

EquityPandit’s Outlook for CNX FMCG for the week (October 12, 2015 – October 16, 2015):

 

CNX FMCG:

 

 

CNXFMCG

 

 

CNX FMCG index closed the week on positive note gaining around 2.5%.

As we have mentioned last week that the index has formed a Shooting Star pattern on daily charts on 01/10/2015 around the resistance zone of 20300. Resistance for the index lies in the zone of 20300 to 20500 above which the index can move to the levels of 21000. During the week the index manages to hit a high of 20767 and close the week around the levels of 20479.

The index has been forming the bearish pattern on daily charts. Support for the index lies in the zone of 20000 to 20200 where 100 & 200 Daily SMA are positioned. If the index closes below the levels of 20000 then the index can drift to the levels of 19300 where long term trend-line support for the index is lying.

Resistance for the index lies in the zone of 20800 to 21000 from where the index has sold off in the month of August – 2015. If the index manages to close above the levels of 21000 then the index will break out of the range of 19000 to 21000 in which the index is moving since last 5 months.

Broad range for the index in the coming week is seen from 19800 to 20000 on downside to 20800 to 21000 on upside.

CNX FMCG Outlook for the Week (October 05, 2015 – October 09, 2015)

EquityPandit’s Outlook for CNX FMCG for the week (October 05, 2015 – October 09, 2015):

 

CNX FMCG:

 

 

CNXFMCG

 

 

CNX FMCG index closed the week on positive note gaining more than 2.5%.

As we have mentioned last week that the index has formed a Hammer pattern on weekly charts in a downtrend indicating the trend reversal. If the index manages to close above the levels of 19600 then the index can move to the levels of 20000 where 100 and 200 Daily SMA are positioned. The index manages to hit a high of 20185 during the week before closing the week below the levels of 20000.

The index has formed a Hammer pattern on monthly charts in a downtrend indicating the trend reversal.

The index has formed a Shooting Star pattern on daily charts on 01/10/2015 around the resistance zone of 20300. The index has to close above the levels of 20300 where 200 Daily SMA is positioned to negate this pattern. Resistance for the index lies in the zone of 20300 to 20500 above which the index can move to the levels of 21000.

Support for the index lies in the zone of 19300 to 19500 where short term moving averages and long term trend-line support for the index is lying.

Broad range for the index in the coming week is seen from 19000 to 19300 on downside to 20300 to 20500 on upside.

CNX FMCG Outlook for the Week (September 28, 2015 – October 02, 2015)

EquityPandit’s Outlook for CNX FMCG for the week (September 28, 2015 – October 02, 2015):

 

CNX FMCG:

 

 

CNXFMCG

 

 

CNX FMCG index closed the week on absolutely flat note.

As we have mentioned last week that below the levels of 19300 the index has the major support around the levels of 18500 to 19000 where 500 Daily SMA and 100 Weekly SMA are positioned. During the week the index manages hit a low of 18991 and close the week at 19485.

Since the month of March 2015 the index has been moving in the range of 19000 on downside to 21000 on upside. The index has been holding the levels of 19300 on monthly closing basis where 20 Monthly EMA is lying. The index has not broken 20 Monthly EMA since May 2009.

The index has formed a Hammer pattern on weekly charts in a downtrend indicating the trend reversal. Resistance for the index lies in the zone of 19500 to 19600. If the index manages to close above the levels of 19600 then the index can move to the levels of 20000 where 100 and 200 Daily SMA are positioned.

Support for the index lies in the zone of 19100 to 19300 where 500 Daily SMA and 100 Weekly SMA are positioned.

Broad range for the index in the coming week is seen from 18750 to 19000 on downside to 20000 to 20250 on upside.

CNX FMCG Outlook for the Week (September 21, 2015 – September 25, 2015)

EquityPandit’s Outlook for CNX FMCG for the week (September 21, 2015 – September 25, 2015):

 

CNX FMCG:

 

 

CNXFMCG

 

CNX FMCG index closed the week on absolutely flat note.

As we have mentioned last week that if the index manages to close above the levels of 19700 then the index can move to the levels of 20000 where 100 Daily SMA is positioned and the index manages to hit a high of 19968 on 18/09/2015 and sold off to the levels 19500.

Support for the index lies in the zone of 19300. Below the levels of 19300 the index has the major support around the levels of 18500 to 19000 where 500 Daily SMA and 100 Weekly SMA are positioned.

Resistance for the index lies in the zone of 19700 to 20000 where 50 Daily EMA and 100 Daily SMA are positioned.

Broad range for the index in the coming week is seen from 18500 to 18750 on downside to 20000 to 20250 on upside.

CNX FMCG Outlook for the Week (September 14, 2015 – September 18, 2015)

EquityPandit’s Outlook for CNX FMCG for the week (September 14, 2015 – September 18, 2015):

 

CNX FMCG:

 

CNXFMCG

 

CNX FMCG index closed the week on negative note losing more than 1%.

As we have mentioned last week that below the levels of 19350 the index has a very strong support zone of 18700 where 500 Daily SMA and major support trend-line is lying and index hit a low of 19000 during the week and bounce back to the levels of 19400.

If the index manages to close above the levels of 19700 then the index can move to the levels of 20000 where 100 Daily SMA is positioned.

The index has the major support around the levels of 18500 to 19000 where 500 Daily SMA and 100 Weekly SMA are positioned.

Coming week we can expect the markets to be quite volatile and broad range for the week can be 18500 on downside to 20500 on upside.

Broad range for the index in the coming week is seen from 18500 to 19000 on downside to 20000 to 20500 on upside.

CNX FMCG Outlook for the Week (September 07, 2015 – September 11, 2015)

EquityPandit’s Outlook for CNX FMCG for the week (September 07, 2015 – September 11, 2015):

 

CNX FMCG:

 

CNXFMCG

 

CNX FMCG index closed the week on negative note losing more than 2.5%.

As we have mentioned last week that if the index moves above the levels of 20300 the index can move to the levels of 20800 and 21500, but the index manages to hit a high of 20277 during the week and sold off to the levels of 19630.

Below the levels of 19350 the index has a very strong support zone of 18700 where 500 Daily SMA and major support trend-line is lying.

If the index manages to close above the levels of 20000 where 100 Daily SMA is positioned the index can move to the levels of 20400 where 200 Daily SMA is positioned.

Coming week we can expect the markets to be quite volatile and broad range for the week can be 18500 on downside to 20500 on upside.

Broad range for the index in the coming week is seen from 18500 to 19000 on downside to 20000 to 20500 on upside.

CNX FMCG Outlook for the Week (August 31, 2015 – September 04, 2015)

EquityPandit’s Outlook for CNX FMCG for the week (August 31, 2015 – September 04, 2015):

 

CNX FMCG:

 

CNXFMCG

 

CNX FMCG index closed the week on negative note losing around 3%.

During the week on back of global sell-off the index corrected to the levels of 19350 where the index took support at the medium term trend-line. This trend-line is holding the index in every correction.

Below the levels of 19350 the index has a very strong support zone of 18700 where 500 Daily SMA and major support trend-line is lying.

If the index moves above the levels of 20300 the index can move to the levels of 20800 and 21500.

Coming week we can expect the markets to be quite volatile and broad range for the week can be 19000 on downside to 21000 on upside.

Broad range for the index in the coming week is seen from 18500 to 19000 on downside to 21000 to 21500 on upside.

CNX FMCG Outlook for the Week (August 24, 2015 – August 28, 2015)

EquityPandit’s Outlook for CNX FMCG for the week (August 24, 2015 – August 28, 2015):

 

CNX FMCG:

 

CNXFMCG

 

CNX FMCG index closed the week on positive note gaining around 2%.

On 20/08/2015 the index broke out of the consolidation range of 20000 to 20500 and close the week around the levels of 20700.

Above the levels of 20850 the index can move to the levels of 21300 where upward moving trend-line for the index is positioned.

Support for the index lies in the zone of 20200 to 20500 where 100 and 200 Daily SMA are positioned.

Resistance for the index lies in the zone of 20900, above which the index can move to the levels of 21300.

Broad range for the index in the coming week is seen from 20200 on downside to 21300 on upside.

CNX FMCG Outlook for the Week (August 17, 2015 – August 21, 2015)

EquityPandit’s Outlook for CNX FMCG for the week (August 17, 2015 – August 21, 2015):

 

CNX FMCG:

 

CNXFMCG

 

CNX FMCG index closed the week on negative note losing around 2.5%.

As we have mentioned last week that the index has formed a Doji pattern on weekly charts indicating the indecision among the traders about the further direction of the index and the index corrected to the levels of 20180 during the week.

The index has formed a Evening star pattern on weekly charts indicating the trend reversal in an uptrend. The index has to move above the levels of 21000 to negate this pattern.

The index has formed a Doji on daily charts indicating the exhaustion of selling pressure. If the index manages to close above the levels of 20500 the short term downtrend will reverse.

Support for the index lies in the zone of 20000 to 20200 where upward moving trend-line and 100 Daily SMA are positioned.

Resistance for the index lies in the zone of 20400 where 200 Daily SMA is positioned. If the index manages to close above the resistance zone of 20400 the index can move to the levels of 21000.

Broad range for the index in the coming week is seen from 19800 on downside to 20800 on upside.

CNX FMCG Outlook for Next Week (August 10, 2015 – August 14, 2015)

EquityPandit’s Outlook for CNX FMCG for week (August 10, 2015 – August 14, 2015):

 

CNX FMCG:

 

cnxfmcg

 

 

CNX FMCG index closed the week on absolutely flat note.

As we have mentioned last week that the index has the significant resistance around the zone of 21100 and the index hit a high of 21150 and retraced back to the levels of 20750 before ending the week around the levels of 20900.

The index has formed a Doji pattern on weekly charts indicating the indecision among the traders about the further direction of the index.

Support for the index lies in the range of 20500 to 20700 where short term moving averages are positioned below which the index can drift to the levels of 20100 to 20300 where 100 Daily SMA and 200 Daily SMA are positioned.

Resistance for the index lies in the zone of 21100. If the index manages to cross above the resistance zone of 21100 the index can move to the levels of 21600.

Broad range for the index in the coming week is seen from 20200 on downside to 21500 on upside.

CNX FMCG Outlook for Next Week (August 03, 2015 – August 07, 2015)

EquityPandit’s Outlook for CNX FMCG for week (August 03, 2015 – August 07, 2015):

 

CNX FMCG:

 

cnxfmcg

 

 

CNX FMCG index closed the week on gaining more than 3%.

As we have mentioned last week that if the index cross above the levels of 20300 the index can move towards the levels of 21000. The index hit a high of around 20968 during the week.

The index has taken the support around the zone of 20000 to 20100 where 50 Daily EMA, 100 Daily SMA and trend-line support are positioned.

Support for the index lies in the range of 20200 to 20500 where short term and long term moving averages are positioned.

Resistance for the index lies in the zone of 21100. If the index manages to cross above the resistance zone of 21100 the index can move to the levels of 21600.

Broad range for the index in the coming week is seen from 20200 on downside to 21500 on upside.

CNX FMCG Outlook for Next Week (July 27, 2015 – July 31, 2015)

EquityPandit’s Outlook for CNX FMCG for week (July 27, 2015 – July 31, 2015):

 

CNX FMCG:

 

cnxfmcg

CNX FMCG index closed the week on negative note losing around 1%.

As we have mentioned last week that if the index cross above the levels of 20300 the index can move towards the levels of 21000. The index hit a high of around 20635 during the week and sold off to the levels of 20100 before closing the week around the levels of 20300.

The index has taken the support around the zone of 20100 to 20200 where 100 Daily SMA, 200 Daily SMA and trend-line support are positioned.

If the support level of 20000 broken the index can drift to the levels of 19500 to 19800 levels.

Support for the index lies in the range of 19800 to 20100 where short term and long term moving averages are positioned.

Resistance for the index lies in the zone of 20600. If the index manages to cross above the resistance zone of 20600 the index can move to the levels of 21000.

Broad range for the index in the coming week is seen from 19700 on downside to 21000 on upside.