Tag Archives: CNX FMCG

Nifty FMCG Outlook for the Week (July 27,2020 – July 31, 2020)

EquityPandit’s Outlook for NIFTY FMCG for the week (July 27,2020 – July 31, 2020):

NIFTY FMCG:

NIFTY FMCG Index closed the week on negative note losing 420.45 points 1.34%.

Weekly High: 31,708

Weekly Low: 30,653.40

Weekly Close: 31,018.85

NIFTYFMCG

Technically on the daily charts we see minor support on the downside for NIFTY FMCG index lies at 30500 levels, whereas minor resistance on the upside is capped around 31600–31700 levels.

If NIFTY FMCG index breaches minor support on the downside and closes below it, we may see fresh break down and index can drag towards major support on lower side around 29800 and if breaches minor resistance on the upside and closes above it, we may see fresh breakout and index can head towards higher levels around 32300.

Currently NIFTY FMCG index is trading above 200 days exponential moving average and suggests long term trend is bullish. EquityPandit’s analyst predicts range for the week is seen from 31000 on downside and 32100 on upside.

 

WEEKLY PIVOT LEVELS:

 
RESISTANCE 2: 32,181

RESISTANCE 1: 31,600

SUPPORT 1: 30,545

SUPPORT 2: 30,072

Nifty FMCG Outlook for the Week (July 20,2020 – July 24, 2020)

EquityPandit’s Outlook for NIFTY FMCG for the week (July 20,2020 – July 24, 2020):

NIFTY FMCG:

NIFTY FMCG Index closed the week on positive note gaining 618.15 points 2.01%.

Weekly High: 31,528.40

Weekly Low: 30,633.70

Weekly Close: 31,439.30

NIFTYFMCG

Technically on the daily charts we see minor support on the downside for NIFTY FMCG index lies at 30800 levels, whereas minor resistance on the upside is capped around 31900–32000 levels.

If NIFTY FMCG index breaches minor support on the downside and closes below it, we may see fresh break down and index can drag towards major support on lower side around 30200 and if breaches minor resistance on the upside and closes above it, we may see fresh breakout and index can head towards higher levels around 32500.

Currently NIFTY FMCG index is trading above 200 days exponential moving average and suggests long term trend is bullish. EquityPandit’s analyst predicts range for the week is seen from 30600 on downside and 32200 on upside.

 

WEEKLY PIVOT LEVELS:

 

RESISTANCE 2: 32,095

RESISTANCE 1: 31,767

SUPPORT 1: 30,872

SUPPORT 2: 30,305

Nifty FMCG Outlook for the Week (July 13,2020 – July 17, 2020)

EquityPandit’s Outlook for NIFTY FMCG for the week (July 13,2020 – July 17, 2020):

NIFTY FMCG:

NIFTY FMCG Index closed the week on positive note gaining 292.05 points 0.96%.

Weekly High: 30,919.10

Weekly Low: 30,402.75

Weekly Close: 30,821.15

NIFTYFMCG

Technically on the daily charts we see minor support on the downside for NIFTY FMCG index lies at 30400 levels, whereas minor resistance on the upside is capped around 31150–31200 levels.

If NIFTY FMCG index breaches minor support on the downside and closes below it, we may see fresh break down and index can drag towards major support on lower side around 29800 and if breaches minor resistance on the upside and closes above it, we may see fresh breakout and index can head towards higher levels around 31600.

Currently NIFTY FMCG index is trading above 200 days exponential moving average and suggests long term trend is bullish. EquityPandit’s analyst predicts range for the week is seen from 30000 on downside and 31500 on upside.

 

WEEKLY PIVOT LEVELS:

 

RESISTANCE 2: 31,230

RESISTANCE 1: 31,025

SUPPORT 1: 30,509

SUPPORT 2: 30,197

Nifty FMCG Outlook for the Week (July 06, 2020 – July 10, 2020)

EquityPandit’s Outlook for NIFTY FMCG for the week (July 06, 2020 – July 10, 2020):

NIFTY FMCG:

NIFTY FMCG Index closed the week on positive note gaining 772.05 points 2.59%.

Weekly High: 30,3632.30

Weekly Low: 29,820.20

Weekly Close: 30,529.10

NIFTYFMCG

 

 

Technically on the daily charts we see minor support on the downside for NIFTY FMCG index lies at 29800 levels, whereas minor resistance on the upside is capped around 31000–31100 levels.

If NIFTY FMCG index breaches minor support on the downside and closes below it, we may see fresh break down and index can drag towards major support on lower side around 29200 and if breaches minor resistance on the upside and closes above it, we may see fresh breakout and index can head towards higher levels around 31500.

Currently NIFTY FMCG index is trading above 200 days exponential moving average and suggests long term trend is bullish. EquityPandit’s analyst predicts range for the week is seen from 29500 on downside and 31300 on upside.

 

WEEKLY PIVOT LEVELS:

 
RESISTANCE 2: 31,139

RESISTANCE 1: 30,834

SUPPORT 1: 30,022

SUPPORT 2: 29,515

Nifty FMCG Outlook for the Week (June 29, 2020 – July 03, 2020)

EquityPandit’s Outlook for NIFTY FMCG for the week (June 29, 2020 – July 03, 2020):

NIFTY FMCG:

NIFTY FMCG Index closed the week on positive note gaining 1047.60 points 3.65%.

Weekly High: 30,505.15

Weekly Low: 28,718.95

Weekly Close: 29,757.05

NIFTYFMCG

Technically on the daily charts we see minor support on the downside for NIFTY FMCG index lies at 28800 levels, whereas minor resistance on the upside is capped around 30700–30800 levels.

If NIFTY FMCG index breaches minor support on the downside and closes below it, we may see fresh break down and index can drag towards major support on lower side around 28000 and if breaches minor resistance on the upside and closes above it, we may see fresh breakout and index can head towards higher levels around 31500.

Currently NIFTY FMCG index is trading above 200 days exponential moving average and suggests long term trend is bullish. EquityPandit’s analyst predicts range for the week is seen from 28300 on downside and 31200 on upside.

 

NIFTY FMCG WEEKLY PIVOT LEVELS:
RESISTANCE 2: 31,446

RESISTANCE 1: 30,601

SUPPORT 1: 28,815

SUPPORT 2: 27,874

Nifty FMCG Outlook for the Week (June 22, 2020 – June 26, 2020)

EquityPandit’s Outlook for NIFTY FMCG for the week (June 22, 2020 – June 26, 2020):

NIFTY FMCG:

NIFTY FMCG Index closed the week on negative note losing 436.15 points 1.50%.

Weekly High: 29,215.85

Weekly Low: 28,349

Weekly Close: 28,709.45

NIFTYFMCG

Technically on the daily charts we see minor support on the downside for NIFTY FMCG index lies at 28200 levels, whereas minor resistance on the upside is capped around 29200–29300 levels.

If NIFTY FMCG index breaches minor support on the downside and closes below it, we may see fresh break down and index can drag towards major support on lower side around 27500 and if breaches minor resistance on the upside and closes above it, we may see fresh breakout and index can head towards higher levels around 29900.

Currently NIFTY FMCG index is trading below 200 days exponential moving average and suggests long term trend is bearish. EquityPandit’s analyst predicts range for the week is seen from 27800 on downside and 29600 on upside.

 

WEEKLY PIVOT LEVELS:

 

RESISTANCE 2: 29,624

RESISTANCE 1: 29,167

SUPPORT 1: 28,300

SUPPORT 2: 27,891

Nifty FMCG Outlook for the Week (June 15, 2020 – June 19, 2020)

EquityPandit’s Outlook for NIFTY FMCG for the week (June 15, 2020 – June 19, 2020):

NIFTY FMCG:

NIFTY FMCG Index closed the week on negative note losing 396.40 points 1.34%.

Weekly High: 30,117.65

Weekly Low: 28,319.10

Weekly Close: 29,145.60

NIFTYFMCG

Technically on the daily charts we see minor support on the downside for NIFTY FMCG index lies at 28300 levels, whereas minor resistance on the upside is capped around 29950–30000 levels.

If NIFTY FMCG index breaches minor support on the downside and closes below it, we may see fresh break down and index can drag towards major support on lower side around 27300 and if breaches minor resistance on the upside and closes above it, we may see fresh breakout and index can head towards higher levels around 30900.

Currently NIFTY FMCG index is trading above 200 days exponential moving average and suggests long term trend is bullish. EquityPandit’s analyst predicts range for the week is seen from 27500 on downside and 30600 on upside.

 

WEEKLY PIVOT LEVELS:
RESISTANCE 2: 30,992

RESISTANCE 1: 30,069

SUPPORT 1: 28,270

SUPPORT 2: 27,395

Nifty FMCG Outlook for the Week (June 8, 2020 – June 12, 2020)

EquityPandit’s Outlook for NIFTY FMCG for the week (June 8, 2020 – June 12, 2020):

NIFTY FMCG:

NIFTY FMCG Index closed the week on positive note gaining 245.05 points 0.84%.

Weekly High: 30,023.35

Weekly Low: 29,311.30

Weekly Close: 29,542

NIFTYFMCG

Technically on the daily charts we see minor support on the downside for NIFTY FMCG index lies at 29200 levels, whereas minor resistance on the upside is capped around 29950–30000 levels.

If NIFTY FMCG index breaches minor support on the downside and closes below it, we may see fresh break down and index can drag towards major support on lower side around 28000 and if breaches minor resistance on the upside and closes above it, we may see fresh breakout and index can head towards higher levels around 31000.

Currently NIFTY FMCG index is trading above 200 days exponential moving average and suggests long term trend is bullish. EquityPandit’s analyst predicts range for the week is seen from 28300 on downside and 30800 on upside.

 

WEEKLY PIVOT LEVELS:
RESISTANCE 2: 30,337

RESISTANCE 1: 29,939

SUPPORT 1: 29,227

SUPPORT 2: 28,913

Nifty FMCG Outlook for the Week (June 1, 2020 – June 5, 2020)

EquityPandit’s Outlook for NIFTY FMCG for the week (June 1, 2020 – June 5, 2020):

NIFTY FMCG:

NIFTY FMCG Index closed the week on positive note gaining 1510.85 points 5.44%.

Weekly High: 29,384.90

Weekly Low: 27,742.25

Weekly Close: 29,296.95

NIFTYFMCG

Technically on the daily charts we see minor support on the downside for NIFTY FMCG index lies at 28300 levels, whereas minor resistance on the upside is capped around 29800–29850 levels.

If NIFTY FMCG index breaches minor support on the downside and closes below it, we may see fresh break down and index can drag towards major support on lower side around 27300 and if breaches minor resistance on the upside and closes above it, we may see fresh breakout and index can head towards higher levels around 30800.

Currently NIFTY FMCG index is trading above 200 days exponential moving average and suggests long term trend is bullish. EquityPandit’s analyst predicts range for the week is seen from 27500 on downside and 30500 on upside.

 

Weekly Pivot Levels:
RESISTANCE 2: 30,450

RESISTANCE 1: 29,873

SUPPORT 1: 28,231

SUPPORT 2: 27,165

Nifty FMCG Outlook for the Week (May 26, 2020 – May 29, 2020)

EquityPandit’s Outlook for NIFTY FMCG for the week (May 26, 2020 – May 29, 2020):

NIFTY FMCG:

NIFTY FMCG Index closed the week on positive note gaining 827.45 points 3.07%.

Weekly High: 28,051.25

Weekly Low: 26,653.95

Weekly Close: 27,786.1

NIFTYFMCG

Technically on the daily charts we see minor support on the downside for NIFTY FMCG index lies at 26900 levels, whereas minor resistance on the upside is capped around 28400–28500 levels.

If NIFTY FMCG index breaches minor support on the downside and closes below it, we may see fresh break down and index can drag towards major support on lower side around 26000 and if breaches minor resistance on the upside and closes above it, we may see fresh breakout and index can head towards higher levels around 29300.

Currently NIFTY FMCG index is trading below 200 days exponential moving average and suggests long term trend is bearish. EquityPandit’s analyst predicts range for the week is seen from 26500 on downside and 29000 on upside.

 

Weekly Pivot Levels:
RESISTANCE 2: 28,894

RESISTANCE 1: 28,340

SUPPORT 1: 26,942

SUPPORT 2: 26,099

Nifty FMCG Outlook for the Week (May 18, 2020 – May 22, 2020)

EquityPandit’s Outlook for NIFTY FMCG for the week (May 18, 2020 – May 22, 2020):

NIFTY FMCG:

NIFTY FMCG Index closed the week on positive note gaining 198.85 Points 0.74%.

Weekly High: 27,765.90

Weekly Low: 26,321.90

Weekly Close: 26,958.65

fmcg 25may

Technically on the daily charts we see minor support on the downside for NIFTY FMCG index lies at 25900 levels, whereas minor resistance on the upside is capped around 27600–27700 levels.

If NIFTY FMCG index breaches minor support on the downside and closes below it, we may see fresh break down and index can drag towards major support on lower side around 25100 and if breaches minor resistance on the upside and closes above it, we may see fresh breakout and index can head towards higher levels around 28500.

Currently NIFTY FMCG index is trading below 200 days exponential moving average and suggests long term trend is bearish. EquityPandit’s analyst predicts range for the week is seen from 25500 on downside and 28300 on upside.

 

Weekly Pivot Levels:
RESISTANCE 2: 28,459

RESISTANCE 1: 27,709.

SUPPORT 1: 26,265

SUPPORT 2: 25,571

Nifty FMCG Outlook for the Week (May 11, 2020 – May 15, 2020)

EquityPandit’s Outlook for NIFTY FMCG for the week (May 11, 2020 – May 15, 2020):

NIFTY FMCG:

NIFTY FMCG Index closed the week on negative note losing 1909.50 Points 6.66%.

Weekly High: 28,235.45

Weekly Low: 25,984

Weekly Close: 26,759.80

fmcg 11may

Technically on the daily charts we see minor support on the downside for NIFTY FMCG index lies at 25700 levels, whereas minor resistance on the upside is capped around 27500–27600 levels.

If NIFTY FMCG index breaches minor support on the downside and closes below it, we may see fresh break down and index can drag towards major support on lower side around 24500 and if breaches minor resistance on the upside and closes above it, we may see fresh breakout and index can head towards higher levels around 28500.

Currently NIFTY FMCG index is trading below 200 days exponential moving average and suggests long term trend is bearish. EquityPandit’s analyst predicts range for the week is seen from 25000 on downside and 28300 on upside.

 

Weekly Pivot Levels:

RESISTANCE 2: 29,244

RESISTANCE 1: 28,002

SUPPORT 1: 25,750

SUPPORT 2: 24,741

Nifty FMCG Outlook for the Week (May 4, 2020 – May 8, 2020)

EquityPandit’s Outlook for NIFTY FMCG for the week (May 4, 2020 – May 8, 2020):

NIFTY FMCG:

NIFTY FMCG Index closed the week on positive note gaining 32.60 Points 0.11%.

Weekly High: 29,233.40

Weekly Low: 28,460.05

Weekly Close: 28,669.30

fmcg 4may

Technically on the daily charts we see minor support on the downside for NIFTY FMCG index lies at 28000 levels, whereas minor resistance on the upside is capped around 29500–29600 levels.

If NIFTY FMCG index breaches minor support on the downside and closes below it, we may see fresh break down and index can drag towards major support on lower side around 27200 and if breaches minor resistance on the upside and closes above it, we may see fresh breakout and index can head towards higher levels around 30500.

Currently NIFTY FMCG index is trading below 200 days exponential moving average and suggests long term trend is bearish. EquityPandit’s analyst predicts range for the week is seen from 27300 on downside and 30400 on upside.

 

Weekly Pivot Levels:

RESISTANCE 2: 29,560

RESISTANCE 1: 29,115

SUPPORT 1: 28,341

SUPPORT 2: 28,014

Nifty FMCG Outlook for the Week (April 27, 2020 – April 30, 2020)

EquityPandit’s Outlook for NIFTY FMCG for the week (April 27, 2020 – April 30, 2020):

NIFTY FMCG:

NIFTY FMCG Index closed the week on negative note losing 565.65 Points 1.94%.

Weekly High: 29,698.35

Weekly Low: 28,063.30

Weekly Close: 28,636.70

fmcg 27apr

Technically on the daily charts we see minor support on the downside for NIFTY FMCG index lies at 28000 levels, whereas minor resistance on the upside is capped around 29400–29500 levels.

If NIFTY FMCG index breaches minor support on the downside and closes below it, we may see fresh break down and index can drag towards major support on lower side around 27200 and if breaches minor resistance on the upside and closes above it, we may see fresh breakout and index can head towards higher levels around 30500.

Currently NIFTY FMCG index is trading below 200 days exponential moving average and suggests long term trend is bearish. EquityPandit’s analyst predicts range for the week is seen from 27300 on downside and 30400 on upside.

Weekly Pivot Levels:

RESISTANCE 2: 30,434

RESISTANCE 1: 29,535

SUPPORT 1: 27,900

SUPPORT 2: 27,164

Nifty FMCG Outlook for the Week (April 13, 2020 – April 17, 2020)

EquityPandit’s Outlook for NIFTY FMCG for the week (April 13, 2020 – April 17, 2020):

NIFTY FMCG:

NIFTY FMCG Index closed the week on positive note gaining 2415.45 Points 9.10%.

Weekly High: 29,817.60

Weekly Low: 27,272.90

Weekly Close: 28,953.20

fmcg 13apr

Technically on the daily charts we see minor support on the downside for NIFTY FMCG index lies at 27600 levels, whereas minor resistance on the upside is capped around 30000–30100 levels.

If NIFTY FMCG index breaches minor support on the downside and closes below it, we may see fresh break down and index can drag towards major support on lower side around 26500 and if breaches minor resistance on the upside and closes above it, we may see fresh breakout and index can head towards higher levels around 31000.

Currently NIFTY FMCG index is trading below 200 days exponential moving average and suggests long term trend is bearish. EquityPandit’s analyst predicts range for the week is seen from 27000 on downside and 30500 on upside.

Weekly Pivot Levels:

RESISTANCE 2: 31,225

RESISTANCE 1: 30,089

SUPPORT 1: 27,544

SUPPORT 2: 26,136

Nifty FMCG Outlook for the Week (April 6, 2020 – April 10, 2020)

EquityPandit’s Outlook for NIFTY FMCG for the week (April 6, 2020 – April 10, 2020):

NIFTY FMCG:

NIFTY FMCG Index closed the week on positive note gaining 797.30 Points 3.10%.

Weekly High: 27,683.90

Weekly Low: 25,159.85

Weekly Close: 26,537.75

fmcg 6apr

Technically on the daily charts we see minor support on the downside for NIFTY FMCG index lies at 25200 levels, whereas minor resistance on the upside is capped around 27600–27700 levels.

If NIFTY FMCG index breaches minor support on the downside and closes below it, we may see fresh break down and index can drag towards major support on lower side around 23900 and if breaches minor resistance on the upside and closes above it, we may see fresh breakout and index can head towards higher levels around 28500.

Currently NIFTY FMCG index is trading below 200 days exponential moving average and suggests long term trend is bearish. EquityPandit’s analyst predicts range for the week is seen from 24500 on downside and 28400 on upside.

Weekly Pivot Levels:

RESISTANCE 2: 28,984

RESISTANCE 1: 27,761

SUPPORT 1: 25,237

SUPPORT 2: 23,936

Nifty FMCG Outlook for the Week (March 23, 2020 – March 27, 2020)

EquityPandit’s Outlook for NIFTY FMCG for the week (March 23, 2020 – March 27, 2020):

NIFTY FMCG:

NIFTY FMCG Index closed the week on negative note losing 276.40 Points 1.05%.

Weekly High: 26,113.70

Weekly Low: 22,699.05

Weekly Close: 25,931.60

fmcg 23mar

Technically on the daily charts we see minor support on the downside for NIFTY FMCG index lies at 24500 levels, whereas minor resistance on the upside is capped around 26900–27000 levels.

If NIFTY FMCG index breaches minor support on the downside and closes below it, we may see fresh break down and index can drag towards major support on lower side around 23300 and if breaches minor resistance on the upside and closes above it, we may see fresh breakout and index can head towards higher levels around 28300.

Currently NIFTY FMCG index is trading below 200 days exponential moving average and suggests long term trend is bearish. EquityPandit’s analyst predicts range for the week is seen from 23500 on downside and 28000 on upside.

Weekly Pivot Levels:

RESISTANCE 2: 28,329

RESISTANCE 1: 27,130

SUPPORT 1: 23,715

SUPPORT 2: 21,500

Nifty FMCG Outlook for the Week (March 16, 2020 – March 20, 2020)

EquityPandit’s Outlook for NIFTY FMCG for the week (March 16, 2020 – March 20, 2020):

NIFTY FMCG:

NIFTY FMCG Index closed the week on negative note losing 2729 Points 9.43%.

Weekly High: 28,530.45

Weekly Low: 23,420.40

Weekly Close: 26,208

fmcg 16mar

Technically on the daily charts we see minor support on the downside for NIFTY FMCG index lies at 25200 levels, whereas minor resistance on the upside is capped around 27200–27300 levels.

If NIFTY FMCG index breaches minor support on the downside and closes below it, we may see fresh break down and index can drag towards major support on lower side around 23500 and if breaches minor resistance on the upside and closes above it, we may see fresh breakout and index can head towards higher levels around 28400.

Currently NIFTY FMCG index is trading below 200 days exponential moving average and suggests long term trend is bearish. EquityPandit’s analyst predicts range for the week is seen from 23500 on downside and 28300 on upside.

Weekly Pivot Levels:

RESISTANCE 2: 31,163

RESISTANCE 1: 28,685

SUPPORT 1: 23,575

SUPPORT 2: 20,942

Nifty FMCG Outlook for the Week (March 09, 2020 – March 13, 2020)

EquityPandit’s Outlook for NIFTY FMCG for the week (March 09, 2020 – March 13, 2020):

NIFTY FMCG:

NIFTY FMCG Index closed the week on negative note losing 373.25 Points 1.27%.

Weekly High: 29,913.10

Weekly Low: 28,689.45

Weekly Close: 28,937

fmcg 9mar

Technically on the daily charts we see minor support on the downside for NIFTY FMCG index lies at 28450 levels, whereas minor resistance on the upside is capped around 29350–29400 levels.

If NIFTY FMCG index breaches minor support on the downside and closes below it, we may see fresh break down and index can drag towards major support on lower side around 28100 and if breaches minor resistance on the upside and closes above it, we may see fresh breakout and index can head towards higher levels around 29700.

Currently NIFTY FMCG index is trading below 200 days exponential moving average and suggests long term trend is bearish. EquityPandit’s analyst predicts range for the week is seen from 28200 on downside and 29600 on upside.

Weekly Pivot Levels:

RESISTANCE 2: 30,403

RESISTANCE 1: 29,670

SUPPORT 1: 28,446

SUPPORT 2: 27,956

Nifty FMCG Outlook for the Week (March 02, 2020 – March 06, 2020)

EquityPandit’s Outlook for NIFTY FMCG for the week (March 02, 2020 – March 06, 2020):

NIFTY FMCG:

NIFTY FMCG Index closed the week on negative note losing 1326 Points 4.33%.

Weekly High: 30,590

Weekly Low: 29,151.8

Weekly Close: 29,310.25

fmcg

Technically on the daily charts we see minor support on the downside for NIFTY FMCG index lies at 28900 levels, whereas minor resistance on the upside is capped around 29700-29800 levels.

If NIFTY FMCG index breaches minor support on the downside and closes below it, we may see fresh break down and index can drag towards major support on lower side around 28300 and if breaches minor resistance on the upside and closes above it, we may see fresh breakout and index can head towards higher levels around 30200.

Currently NIFTY FMCG index is trading below 200 days exponential moving average and suggests long term trend is bearish. EquityPandit’s analyst predicts range for the week is seen from 284000 on downside and 30000 on upside.

Weekly Pivot Levels:

RESISTANCE 2: 31,122

RESISTANCE 1: 30,216

SUPPORT 1: 28,778

SUPPORT 2: 28,245

Nifty FMCG Outlook for the Week (Feb 24, 2020 – Feb 28, 2020)

EquityPandit’s Outlook for NIFTY FMCG for the week (Feb 24, 2020 – Feb 28, 2020):

NIFTY FMCG:

NIFTY FMCG Index closed the week on negative note losing 403.05 Points 1.30%.

Weekly High: 30,904.45

Weekly Low: 30,076.65

Weekly Close: 30,636.25

fmcg

 

 

Technically on the daily charts we see minor support on the downside for NIFTY FMCG index lies at 30100 levels, whereas minor resistance on the upside is capped around 31000-31100 levels.

If NIFTY FMCG index breaches minor support on the downside and closes below it, we may see fresh break down and index can drag towards major support on lower side around 29800 and if breaches minor resistance on the upside and closes above it, we may see fresh breakout and index can head towards higher levels around 31500.

Currently NIFTY FMCG index is trading above 200 days exponential moving average and suggests long term trend is bullish. EquityPandit’s analyst predicts range for the week is seen from 30000 on downside and 31350 on upside.

Weekly Pivot Levels:

RESISTANCE 2: 31,366

RESISTANCE 1: 31,001

SUPPORT 1: 30,173

SUPPORT 2: 29,711

Nifty FMCG Outlook for the Week (Feb 17, 2020 – Feb 21, 2020)

EquityPandit’s Outlook for NIFTY FMCG for the week (Feb 17, 2020 – Feb 21, 2020):

NIFTY FMCG:

NIFTY FMCG Index closed the week on negative note losing 162.75 Points 0.53%.

Weekly High: 31,205.90

Weekly Low: 30,375.35

Weekly Close: 30,646.75

fmcg 17feb

Technically on the daily charts we see minor support on the downside for NIFTY FMCG index lies at 30300 levels, whereas minor resistance on the upside is capped around 31100-31150 levels.

If NIFTY FMCG index breaches minor support on the downside and closes below it, we may see fresh break down and index can drag towards major support on lower side around 29900 and if breaches minor resistance on the upside and closes above it, we may see fresh breakout and index can head towards higher levels around 31500.

Currently NIFTY FMCG index is trading above 200 days exponential moving average and suggests long term trend is bullish. EquityPandit’s analyst predicts range for the week is seen from 30000 on downside and 31350 on upside.

Weekly Pivot Levels:

RESISTANCE 2: 31,573

RESISTANCE 1: 31,109

SUPPORT 1: 30,279

SUPPORT 2: 29,912

Nifty FMCG Outlook for the Week (Feb 10, 2020 – Feb 14, 2020)

EquityPandit’s Outlook for NIFTY FMCG for the week (Feb 10, 2020 – Feb 14, 2020):

NIFTY FMCG:

NIFTY FMCG Index closed the week on positive note gaining 612.85 Points 2.03%.

Weekly High: 31,158.65

Weekly Low: 29,833.05

Weekly Close: 30,809.50

fmcg 10feb

Technically on the daily charts we see minor support on the downside for NIFTY FMCG index lies at 30400 levels, whereas minor resistance on the upside is capped around 31300-31350 levels.

If NIFTY FMCG index breaches minor support on the downside and closes below it, we may see fresh break down and index can drag towards major support on lower side around 30000 and if breaches minor resistance on the upside and closes above it, we may see fresh breakout and index can head towards higher levels around 31800.

Currently NIFTY FMCG index is trading above 200 days exponential moving average and suggests long term trend is bullish. EquityPandit’s analyst predicts range for the week is seen from 30100 on downside and 31700 on upside.

Weekly Pivot Levels:

RESISTANCE 2: 31,926

RESISTANCE 1: 31,367

SUPPORT 1: 30,042

SUPPORT 2: 29,274

Nifty FMCG Outlook for the Week (Jan 27, 2020 – Jan 31, 2020)

EquityPandit’s Outlook for NIFTY FMCG for the week (Jan 27, 2020 – Jan 31, 2020):

NIFTY FMCG:

NIFTY FMCG Index closed the week on positive note gaining 103.45 Points 0.33%.

Weekly High: 31,546.80

Weekly Low: 30,995.30

Weekly Close: 31,474.90

fmcg 27jan

Technically on the daily charts we see minor support on the downside for NIFTY FMCG index lies at 31150 levels, whereas minor resistance on the upside is capped around 31700-31750 levels.

If NIFTY FMCG index breaches minor support on the downside and closes below it, we may see fresh break down and index can drag towards major support on lower side around 30900 and if breaches minor resistance on the upside and closes above it, we may see fresh breakout and index can head towards higher levels around 32000.

Currently NIFTY FMCG index is trading above 200 days exponential moving average and suggests long term trend is bullish. EquityPandit’s analyst predicts range for the week is seen from 30900 on downside and 32000 on upside.

Weekly Pivot Level For Nifty CNX FMCG Index:

RESISTANCE 2: 31,890

RESISTANCE 1: 31,682

SUPPORT 1: 31,131

SUPPORT 2: 30,787

Nifty FMCG Outlook for the Week (Jan 20, 2020 – Jan 24, 2020)

EquityPandit’s Outlook for NIFTY FMCG for the week (Jan 20, 2020 – Jan 24, 2020):

NIFTY FMCG:

NIFTY FMCG Index closed the week on positive note gaining 1001 Points 3.30%.

Weekly High: 31,507.70

Weekly Low: 30,443.50

Weekly Close: 31,371.45

fmcg 20jan

Technically on the daily charts we see minor support on the downside for NIFTY FMCG index lies at 31000 levels, whereas minor resistance on the upside is capped around 31700-31750 levels.

If NIFTY FMCG index breaches minor support on the downside and closes below it, we may see fresh break down and index can drag towards major support on lower side around 30700 and if breaches minor resistance on the upside and closes above it, we may see fresh breakout and index can head towards higher levels around 32000.

Currently NIFTY FMCG index is trading above 200 days exponential moving average and suggests long term trend is bullish. EquityPandit’s analyst predicts range for the week is seen from 30900 on downside and 31800 on upside.

RESISTANCE 2: 32,171

RESISTANCE 1: 31,771

SUPPORT 1: 30,707

SUPPORT 2: 30,043

Nifty FMCG Outlook for the Week (Jan 13, 2020 – Jan 17, 2020)

EquityPandit’s Outlook for NIFTY FMCG for the week (Jan 13, 2020 – Jan 17, 2020)

NIFTY FMCG:

NIFTY FMCG Index closed the week on positive note gaining 261.20 Points 0.87%.

Weekly High: 30,393.20

Weekly Low: 29,660.10

Weekly Close: 30,370.45

fmcg 13dec

 

 

Technically on the daily charts we see minor support on the downside for NIFTY FMCG index lies at 30000 levels, whereas minor resistance on the upside is capped around 30550-30600 levels.

If NIFTY FMCG index breaches minor support on the downside and closes below it, we may see fresh break down and index can drag towards major support on lower side around 29800 and if breaches minor resistance on the upside and closes above it, we may see fresh breakout and index can head towards higher levels around 30850.

Currently NIFTY FMCG index is trading above 200 days exponential moving average and suggests long term trend is bullish. EquityPandit’s analyst predicts range for the week is seen from 29900 on downside and 30800 on upside.

Weekly Pivot Levels:

——————————-
RESISTANCE 2: 30,874

RESISTANCE 1: 30,622

——————————-

SUPPORT 1: 29,889

SUPPORT 2: 29,408

——————————-

Nifty FMCG Outlook for the Week (Jan 06, 2020 – Jan 10, 2020)

EquityPandit’s Outlook for NIFTY FMCG for the week (Jan 06, 2020 – Jan 10, 2020):

NIFTY FMCG:

NIFTY FMCG Index closed the week on negative note losing 36.20 Points 0.12%.

Weekly High: 30,367.75

Weekly Low: 30,050.75

Weekly Close: 30,109.25

fmcg 6jan

Technically on the daily charts we see minor support on the downside for NIFTY FMCG index lies at 29900 levels, whereas minor resistance on the upside is capped around 30450-30500 levels.

If NIFTY FMCG index breaches minor support on the downside and closes below it, we may see fresh break down and index can drag towards major support on lower side around 29600 and if breaches minor resistance on the upside and closes above it, we may see fresh breakout and index can head towards higher levels around 30750.

Currently NIFTY FMCG index is trading below 200 days exponential moving average and suggests long term trend is bearish. EquityPandit’s analyst predicts range for the week is seen from 29700 on downside and 30600 on upside.

RESISTANCE 2: 30,492

RESISTANCE 1: 30,301

SUPPORT 1: 29,984

SUPPORT 2: 29,858

Nifty FMCG Outlook for the Week (Dec 30, 2019 – Jan 03, 2020):

EquityPandit Thanks Viewer & Clients For The Love & Support  In The Year 2019.  The Time Has Come To Say Goodbye To Year 2019. We Wish Best Of Luck For The Year 2020. 

HAPPY TRADING !!


 

NIFTY FMCG:

NIFTY FMCG Index closed the week on negative note losing 210.90 Points 0.69%.

Weekly High: 30,548.50

Weekly Low: 30,040.65

Weekly Close: 30,145.45

fmcg 30dec

 

Technically on the daily charts we see minor support on the downside for NIFTY FMCG index lies at 29950 levels, whereas minor resistance on the upside is capped around 30550-30600 levels.

If NIFTY FMCG index breaches minor support on the downside and closes below it, we may see fresh break down and index can drag towards major support on lower side around 29700 and if breaches minor resistance on the upside and closes above it, we may see fresh breakout and index can head towards higher levels around 30750.

Currently NIFTY FMCG index is trading above 200 days exponential moving average and suggests long term trend is bullish. EquityPandit’s analyst predicts range for the week is seen from 29700 on downside and 30600 on upside.


 

RESISTANCE 2: 30,752

RESISTANCE 1: 30,449

SUPPORT 1: 29,941

SUPPORT 2: 29,737


 

Nifty FMCG Outlook for the Week (Dec 16, 2019 – Dec 20, 2019)

EquityPandit’s Outlook for NIFTY FMCG for the week (Dec 16, 2019 – Dec 20, 2019):

NIFTY FMCG:

NIFTY FMCG Index closed the week on negative note losing 110.20 Points 0.36%.

Weekly High: 30,574.50

Weekly Low: 29,985.40

Weekly Close: 30,426.25

fmcg 16dec

 

 

Technically on the daily charts we see minor support on the downside for NIFTY FMCG index lies at 30000 levels, whereas minor resistance on the upside is capped around 30750-30800 levels.

If NIFTY FMCG index breaches minor support on the downside and closes below it, we may see fresh break down and index can drag towards major support on lower side around 29700 and if breaches minor resistance on the upside and closes above it, we may see fresh breakout and index can head towards higher levels around 31200.

Currently NIFTY FMCG index is trading above 200 days exponential moving average and suggests long term trend is bullish. EquityPandit’s analyst predicts range for the week is seen from 30000 on downside and 31000 on upside.

 

RESISTANCE 2: 30,917

RESISTANCE 1: 30,672

SUPPORT 1: 30,082

SUPPORT 2: 29,739

Nifty FMCG Outlook for the Week (Dec 09, 2019 – Dec 13, 2019)

EquityPandit’s Outlook for NIFTY FMCG for the week (Dec 09, 2019 – Dec 13, 2019):

NIFTY FMCG:

NIFTY FMCG Index closed the week on negative note losing 439.05 Points 1.42%.

Weekly High: 31,018.55

Weekly Low: 30,482.5

Weekly Close: 30,536.45

niftyfmcg 9dec

 

Technically on the daily charts we see minor support on the downside for NIFTY FMCG index lies at 30300 levels, whereas minor resistance on the upside is capped around 30850-30900 levels.

If NIFTY FMCG index breaches minor support on the downside and closes below it, we may see fresh break down and index can drag towards major support on lower side around 30100 and if breaches minor resistance on the upside and closes above it, we may see fresh breakout and index can head towards higher levels around 31200.

Currently NIFTY FMCG index is trading above 200 days exponential moving average and suggests long term trend is bullish. EquityPandit’s analyst predicts range for the week is seen from 30100 on downside and 31000 on upside.

 
RESISTANCE 2: 31,215

RESISTANCE 1: 30,875

SUPPORT 1: 30,339

SUPPORT 2: 30,143

Nifty FMCG Outlook for the Week (Nov 25, 2019 – Nov 29, 2019)

EquityPandit’s Outlook for NIFTY FMCG for the week (Nov 25, 2019 – Nov 29, 2019):

NIFTY FMCG:

NIFTY FMCG Index closed the week on negative note losing 480.15 Points 1.53%.

Weekly High: 31,422.35

Weekly Low: 30,745.15

Weekly Close: 30,809.55

niftyfmcg 25nov

Technically on the daily charts we see minor support on the downside for NIFTY FMCG index lies at 30450 levels, whereas minor resistance on the upside is capped around 31300-31350 levels.

If NIFTY FMCG index breaches minor support on the downside and closes below it, we may see fresh break down and index can drag towards major support on lower side around 30150 and if breaches minor resistance on the upside and closes above it, we may see fresh breakout and index can head towards higher levels around 31700.

Currently NIFTY FMCG index is trading above 200 days exponential moving average and suggests long term trend is bullish. EquityPandit’s analyst predicts range for the week is seen from 30300 on downside and 31400 on upside.

 

RESISTANCE 2: 31,669

RESISTANCE 1: 31,239

SUPPORT 1: 30,562

SUPPORT 2: 30,315

Nifty FMCG Outlook for the Week (Nov 18, 2019 – Nov 22, 2019)

EquityPandit’s Outlook for NIFTY FMCG for the week (Nov 18, 2019 – Nov 22, 2019):

NIFTY FMCG:

NIFTY FMCG Index closed the week on negative note losing 657.80 Points 2.06%.

Weekly High: 32,061.30

Weekly Low: 31,235.30

Weekly Close: 31,289.70

niftyfmcg 18nov

 

 

Technically on the daily charts we see minor support on the downside for NIFTY FMCG index lies at 30800 levels, whereas minor resistance on the upside is capped around 31800-31850 levels.

If NIFTY FMCG index breaches minor support on the downside and closes below it, we may see fresh break down and index can drag towards major support on lower side around 30450 and if breaches minor resistance on the upside and closes above it, we may see fresh breakout and index can head towards higher levels around 32250.

Currently NIFTY FMCG index is trading above 200 days exponential moving average and suggests long term trend is bullish. EquityPandit’s analyst predicts range for the week is seen from 30700 on downside and 32000 on upside.

 

RESISTANCE 2: 32,354

RESISTANCE 1: 31,822

SUPPORT 1: 30,996

SUPPORT 2: 30,702

Nifty FMCG Outlook for the Week (Nov 11, 2019 – Nov 15, 2019)

EquityPandit’s Outlook for NIFTY FMCG for the week (Nov 11, 2019 – Nov 15, 2019):

NIFTY FMCG Index closed the week on negative note losing 502.35 Points 1.55%.

Weekly High: 32,644.90

Weekly Low: 31,907.40

Weekly Close: 31,947.50

nifty fmcg11

 

NIFTY FMCG:

Technically on the daily charts we see minor support on the downside for NIFTY FMCG index lies at 31500 levels, whereas minor resistance on the upside is capped around 32600-32650 levels.

If NIFTY FMCG index breaches minor support on the downside and closes below it, we may see fresh break down and index can drag towards major support on lower side around 31250 and if breaches minor resistance on the upside and closes above it, we may see fresh breakout and index can head towards higher levels around 32950.

Currently NIFTY FMCG index is trading above 200 days exponential moving average and suggests long term trend is bullish. EquityPandit’s analyst predicts range for the week is seen from 31300 on downside and 32650 on upside.

 

WEEKLY PIVOT LEVELS FOR NIFTY FMCG:

RESISTANCE 2: 32,904

RESISTANCE 1: 32,425

SUPPORT 1: 31,688

SUPPORT 2: 31,429

 

Nifty FMCG Outlook for the Week (Nov 4, 2019 – Nov 8, 2019)

EquityPandit’s Outlook for NIFTY FMCG for the week (Nov 4, 2019 – Nov 8, 2019):

NIFTY FMCG:

NIFTY FMCG Index closed the week on positive note gaining 764.25 Points 2.41%.

Weekly High: 32,591.30

Weekly Low: 31,526.70

Weekly Close: 32,449.85

niftyfmcg 4nov
Technically on the daily charts we see minor support on the downside for NIFTY FMCG index lies at 32000 levels, whereas minor resistance on the upside is capped around 32950-33000 levels.

If NIFTY FMCG index breaches minor support on the downside and closes below it, we may see fresh break down and index can drag towards major support on lower side around 31500 and if breaches minor resistance on the upside and closes above it, we may see fresh breakout and index can head towards higher levels around 33250.

Currently NIFTY FMCG index is trading above 200 days exponential moving average and suggests long term trend is bullish. EquityPandit’s analyst predicts range for the week is seen from 31800 on downside and 33250 on upside.

RESISTANCE 2: 33,253

RESISTANCE 1: 32,851

SUPPORT 1: 31,787

SUPPORT 2: 31,124

Nifty FMCG Outlook for the Week (Oct 21, 2019 – Oct 25, 2019)

EquityPandit’s Outlook for NIFTY FMCG for the week (Oct 21, 2019 – Oct 25, 2019):

NIFTY FMCG:

NIFTY FMCG Index closed the week on positive note gaining 1085.25 Points 3.57%.

Weekly High: 31,544.20

Weekly Low: 30,493.10

Weekly Close: 31,501.45

niftyfmcg 21oct

 

 

 

Technically on the daily charts we see minor support on the downside for NIFTY FMCG index lies at 31000 levels, whereas minor resistance on the upside is capped around 31800-31850 levels.

If NIFTY FMCG index breaches minor support on the downside and closes below it, we may see fresh break down and index can drag towards major support on lower side around 30800 and if breaches minor resistance on the upside and closes above it, we may see fresh breakout and index can head towards higher levels around 32250.

Currently NIFTY FMCG index is trading above 200 days exponential moving average and suggests long term trend is bullish. EquityPandit’s analyst predicts range for the week is seen from 31000 on downside and 32200 on upside.

 

RESISTANCE 2: 32,230

RESISTANCE 1: 31,866

SUPPORT 1: 30,814

SUPPORT 2: 30,128

 

Nifty FMCG Outlook for the Week (Oct 14, 2019 – Oct 18, 2019)

EquityPandit’s Outlook for NIFTY FMCG for the week (Oct 14, 2019 – Oct 18, 2019):

NIFTY FMCG:

 

NIFTY FMCG Index closed the week on positive note gaining 89.05 Points 0.29%

Weekly High: 30527.45

Weekly Low: 30022.80

Weekly Close: 30416.20

 

 

niftyfmcg 14oct

 

RESISTANCE 2: 30,826

RESISTANCE 1: 30,621

SUPPORT 1: 30,116

SUPPORT 2: 29,817

 

Technically on the daily charts we see minor support on the downside for NIFTY FMCG index lies at 30000 levels, whereas minor resistance on the upside is capped around 30800-30850 levels.

If NIFTY FMCG index breaches minor support on the downside and closes below it, we may see fresh break down and index can drag towards major support on lower side around 29800 and if breaches minor resistance on the upside and closes above it, we may see fresh breakout and index can head towards higher levels around 31200.

Currently NIFTY FMCG index is trading above 200 days exponential moving average and suggests long term trend is bullish. EquityPandit’s analyst predicts range for the week is seen from 29800 on downside and 31000 on upside.

Nifty FMCG Outlook for the Week (Oct 7, 2019 – Oct 11, 2019)

EquityPandit’s Outlook for NIFTY FMCG for the week (Oct 7, 2019 – Oct 11, 2019):

NIFTY FMCG Index closed the week on negative note loosing -412.25 Points -1.41%

Weekly High: 31341.75

Weekly Low: 30300

Weekly Close: 30327.15

niftyfmcg 07oct

RESISTANCE 2: 31,698

RESISTANCE 1: 31,012

SUPPORT 1: 29,970

SUPPORT 2: 29,614
Technically on the daily charts we see minor support on the downside for NIFTY FMCG index lies at 29800 levels, whereas minor resistance on the upside is capped around 30950-31000 levels.

If NIFTY FMCG index breaches minor support on the downside and closes below it, we may see fresh break down and index can drag towards major support on lower side around 29500 and if breaches minor resistance on the upside and closes above it, we may see fresh breakout and index can head towards higher levels around 31600.

Currently NIFTY FMCG index is trading above 200 days exponential moving average and suggests long term trend is bullish. EquityPandit’s analyst predicts range for the week is seen from 29600 on downside and 31000 on upside.

Nifty FMCG Outlook for the Week (Sept 30, 2019 – Oct 5, 2019)

EquityPandit’s Outlook for NIFTY FMCG for the week (Sept 30, 2019 – Oct 5, 2019):

NIFTY FMCG:

NIFTY FMCG Index closed the week on negative note loosing -412.25 Points -1.41%

Weekly High: 31813.80

Weekly Low: 30449.30

Weekly Close: 31026

niftyfmcg 30 septRESISTANCE 2: 32,460

RESISTANCE 1: 31,743

SUPPORT 1: 30,378

SUPPORT 2: 29,731

Technically on the daily charts we see minor support on the downside for NIFTY FMCG index lies at 30400 levels, whereas minor resistance on the upside is capped around 31700-31750 levels.

If NIFTY FMCG index breaches minor support on the downside and closes below it, we may see fresh break down and index can drag towards major support on lower side around 30000 and if breaches minor resistance on the upside and closes above it, we may see fresh breakout and index can head towards higher levels around 32100.

Currently NIFTY FMCG index is trading above 200 days exponential moving average and suggests long term trend is bullish. EquityPandit’s analyst predicts range for the week is seen from 30000 on downside and 32000 on upside.

Nifty FMCG Outlook for the Week (Sept 23, 2019 – Sept 27, 2019)

EquityPandit’s Outlook for NIFTY FMCG for the week (Sept 23, 2019 – Sept 27, 2019):

NIFTY FMCG:

NIFTY FMCG Index closed the week on positive note gaining 1243 Points 4.35%

Weekly High: 30003.60

Weekly Low: 28449.35

Weekly Close: 29835.35

NIFTY FMCG

RESISTANCE 2: 30,983

RESISTANCE 1: 30,409

SUPPORT 1: 28,855

SUPPORT 2: 27,875

 
Technically on the daily charts we see minor support on the downside for NIFTY FMCG index lies at 29500 levels, whereas minor resistance on the upside is capped around 30150-30250 levels.

If NIFTY FMCG index breaches minor support on the downside and closes below it we may see fresh break down and index can drag towards major support on lower side around 29000 and if breaches minor resistance on the upside and closes above it we may see fresh breakout and index can head towards higher levels around 30250.

Currently NIFTY FMCG index is trading above 200 days exponential moving average and suggests long term trend is bullish. EquityPandit’s analyst predicts range for the week is seen from 29200 on downside and 30200 on upside.

Nifty FMCG Outlook for the Week (Sept 17, 2019 – Sept 21, 2019)

EquityPandit’s Outlook for NIFTY FMCG for the week (Sept 17, 2019 – Sept 21, 2019):

NIFTY FMCG:

FMCG NIFTY

NIFTY FMCG Index closed the week on negative note loosing -57.70 Points -0.20%

Weekly High: 28971

Weekly Low: 28503.45

Weekly Close: 28592.05

 
RESISTANCE 2: 29156

RESISTANCE 1: 28874

SUPPORT 1: 28407

SUPPORT 2: 28221

 
Technically on the daily charts we see minor support on the downside for NIFTY FMCG index lies at 28400 levels, whereas minor resistance on the upside is capped around 29300-29400 levels.

If NIFTY FMCG index breaches minor support on the downside and closes below it we may see fresh break down and index can drag index towards major support on lower side around 28100 and if breaches minor resistance on the upside and closes above it we may see fresh breakout and index can head towards higher levels around 29700.

Currently NIFTY FMCG index is trading below 200 days exponential moving average and suggests long term trend is bearish. EquityPandit’s analyst predicts range for the week is seen from 29700 on upside and 28100 on downside.

Nifty FMCG Outlook for the Week (Sept 9, 2019 – Sept 13, 2019)

EquityPandit’s Outlook for NIFTY FMCG for the week (Sept 9, 2019 – Sept 13, 2019):

NIFTY FMCG:

FMCG NIFTY

NIFTY FMCG Index closed the week on negative note loosing -607.60 Points -2.08%

Weekly High: 29142.30

Weekly Low: 28503

Weekly Close: 28649.75

 
RESISTANCE 2: 29404

RESISTANCE 1: 29027

SUPPORT 1: 28388

SUPPORT 2: 28126

 
Technically on the daily charts we see minor support on the downside for NIFTY FMCG index lies at 28400 levels, whereas minor resistance on the upside is capped around 29400-29500 levels.

If NIFTY FMCG index breaches minor support on the downside and closes below it we may see fresh break down and index can drag index towards major support on lower side around 27800 and if breaches minor resistance on the upside and closes above it we may see fresh breakout and index can head towards higher levels around 29700.

Currently NIFTY FMCG index is trading below 200 days exponential moving average and suggests long term trend is bearish. EquityPandit’s analyst predicts range for the week is seen from 29600 on upside and 27800 on downside.

Nifty FMCG Outlook for the Week (Sept 2, 2019 – Sept 6, 2019)

EquityPandit’s Outlook for NIFTY FMCG for the week (Sept 2, 2019 – Sept 6, 2019):

NIFTY FMCG:

niftyfmcg

NIFTY FMCG Index closed the week on positive note gaining 1000.25 Points 3.54%

Weekly High: 29318.20

Weekly Low: 28115.05

Weekly Close: 29257.35

 
RESISTANCE 2: 30100

RESISTANCE 1: 29679

SUPPORT 1: 28476

SUPPORT 2: 27694

 
Technically on the daily charts we see minor support on the downside for NIFTY FMCG index lies at 28600 levels, whereas minor resistance on the upside is capped around 29600-29700 levels.

If NIFTY FMCG index breaches minor support on the downside and closes below it we may see fresh break down and index can drag index towards major support on lower side around 28000 and if breaches minor resistance on the upside and closes above it we may see fresh breakout and index can head towards higher levels around 30100.

Currently NIFTY FMCG index is trading below 200 days exponential moving average and suggests long term trend is bearish. EquityPandit’s analyst predicts range for the week is seen from 30100 on upside and 28000 on downside.

Nifty FMCG Outlook for the Week (Aug 26, 2019 – Aug 30, 2019)

EquityPandit’s Outlook for NIFTY FMCG for the week (Aug 26, 2019 – Aug 30, 2019):

NIFTY FMCG:

 

FMCG NIFTY

 

NIFTY FMCG Index closed the week on negative note loosing -632.85 Points -2.19%

Weekly High: 29204.10

Weekly Low: 28099.15

Weekly Close: 28257.10

 
RESISTANCE 2: 29625

RESISTANCE 1: 28941

SUPPORT 1: 27836

SUPPORT 2: 27415

 
Technically on the daily charts we see minor support on the downside for NIFTY FMCG index lies at 27800 levels, whereas minor resistance on the upside is capped around 29000-28900 levels.

If NIFTY FMCG index breaches minor support on the downside and closes below it we may see fresh break down and index can drag index towards major support on lower side around 27000 and if breaches minor resistance on the upside and closes above it we may see fresh breakout and index can head towards higher levels around 29600.

Currently NIFTY FMCG index is trading below 200 days exponential moving average and suggests long term trend is bearish. EquityPandit’s analyst predicts range for the week is seen from 29600 on upside and 27000 on downside.

Nifty FMCG Outlook for the Week (Aug 19, 2019 – Aug 23, 2019)

EquityPandit’s Outlook for NIFTY FMCG for the week (Aug 19, 2019 – Aug 23, 2019):

NIFTY FMCG:

 

FMCG NIFTY

 

NIFTY FMCG Index closed the week on negative note loosing -412.25 Points -1.41%

Weekly High: 29292.30

Weekly Low: 28567.35

Weekly Close: 28889.95

 
RESISTANCE 2: 29641

RESISTANCE 1: 29266

SUPPORT 1: 28541

SUPPORT 2: 28192

 
Technically on the daily charts we see minor support on the downside for NIFTY FMCG index lies at 28500 levels, whereas minor resistance on the upside is capped around 29300-29400 levels.

If NIFTY FMCG index breaches minor support on the downside and closes below it we may see fresh break down and index can drag index towards major support on lower side around 27800 and if breaches minor resistance on the upside and closes above it we may see fresh breakout and index can head towards higher levels around 29600.

Currently NIFTY FMCG index is trading below 200 days exponential moving average and suggests long term trend is bearish. EquityPandit’s analyst predicts range for the week is seen from 29600 on upside and 27800 on downside.

Nifty FMCG Outlook for the Week (Aug 12, 2019 – Aug 16, 2019)

EquityPandit’s Outlook for NIFTY FMCG for the week (Aug 12, 2019 – Aug 16, 2019):

NIFTY FMCG:

 

FMCG NIFTY

 

NIFTY FMCG Index closed the week on positive note gaining +371.45 Points +1.28%

Weekly High: 29365.10

Weekly Low: 28489.15

Weekly Close: 29302.20

 
RESISTANCE 2: 29928

RESISTANCE 1: 29615

SUPPORT 1: 28739

SUPPORT 2: 28176

 
Technically on the daily charts we see minor support on the downside for NIFTY FMCG index lies at 29000 levels, whereas minor resistance on the upside is capped around 29700-29750 levels.

If NIFTY FMCG index breaches minor support on the downside and closes below it we may see fresh break down and index can drag index towards major support on lower side around 28400 and if breaches minor resistance on the upside and closes above it we may see fresh breakout and index can head towards higher levels around 30200.

Currently NIFTY FMCG index is trading below 200 days exponential moving average and suggests long term trend is bearish. EquityPandit’s analyst predicts range for the week is seen from 30200 on upside and 28400 on downside.

Nifty FMCG Outlook for the Week (Aug 05, 2019 – Aug 09, 2019)

EquityPandit’s Outlook for NIFTY FMCG for the week (Aug 05, 2019 – Aug 09, 2019):

NIFTY FMCG:

 

FMCG NIFTY

 

NIFTY FMCG Index closed the week on negative note loosing –211.55 Points –0.73%

Weekly High: 29248.70

Weekly Low: 28514.30

Weekly Close: 28930.75

 

RESISTANCE 2: 29632

RESISTANCE 1: 29282

SUPPORT 1: 28547

SUPPORT 2: 28164

 

Technically on the daily charts we see minor support on the downside for NIFTY FMCG index lies at 28600 levels, whereas minor resistance on the upside is capped around 29400-29500 levels.

If NIFTY FMCG index breaches minor support on the downside and closes below it we may see fresh break down and index can drag index towards major support on lower side around 27800 and if breaches minor resistance on the upside and closes above it we may see fresh breakout and index can head towards higher levels around 30000.

Currently NIFTY FMCG index is trading below 200 days exponential moving average and suggests long term trend is bearish. EquityPandit’s analyst predicts range for the week is seen from 30000 on upside and 27800 on downside.

Nifty FMCG Outlook for the Week (July 22, 2019 – July 26, 2019)

EquityPandit’s Outlook for NIFTY FMCG for the week (July 22, 2019 – July 26, 2019):

NIFTY FMCG:

 

NIFTY FMCG

 

NIFTY FMCG Index closed the week on negative note loosing –224.45 Points –0.77%

Weekly High: 29685.95

Weekly Low: 28936.90

Weekly Close: 29027.55
RESISTANCE 2: 29966

RESISTANCE 1: 29497

SUPPORT 1: 28748

SUPPORT 2: 28468
Technically on the daily charts we see minor support on the downside for NIFTY FMCG index lies at 28900 levels, whereas minor resistance on the upside is capped around 29120-29200 levels.

If NIFTY FMCG index breaches minor support on the downside and closes below it we may see fresh break down and index can drag index towards major support on lower side around 28400 and if breaches minor resistance on the upside and closes above it we may see fresh breakout and index can head towards higher levels around 29500.

Currently NIFTY FMCG index is trading below 200 days exponential moving average and suggests long term trend is bearish. EquityPandit’s analyst predicts range for the week is seen from 29500 on upside and 28400 on downside.

Nifty FMCG Outlook for the Week (July 15, 2019 – July 19, 2019)

EquityPandit’s Outlook for NIFTY FMCG for the week (July 15, 2019 – July 19, 2019):

NIFTY FMCG:

 

NIFTY FMCG

 

NIFTY FMCG Index closed the week on negative note loosing –721.25 Points –2.41%

Weekly High: 29999.95

Weekly Low: 29056.55

Weekly Close: 29252

 

RESISTANCE 2: 30380

RESISTANCE 1: 29816

SUPPORT 1: 28872

SUPPORT 2: 28493
Technically on the daily charts we see minor support on the downside for NIFTY FMCG index lies at 29150 levels, whereas minor resistance on the upside is capped around 29300-29350 levels.

If NIFTY FMCG index breaches minor support on the downside and closes below it we may see fresh break down and index can drag index towards major support on lower side around 28950 and if breaches minor resistance on the upside and closes above it we may see fresh breakout and index can head towards higher levels around 29650.

Currently NIFTY FMCG index is trading below 200 days exponential moving average and suggests long term trend is bearish. EquityPandit’s analyst predicts range for the week is seen from 29650 on upside and 28950 on downside.

Nifty FMCG Outlook for the Week (July 8, 2019 – July 12, 2019)

EquityPandit’s Outlook for NIFTY FMCG for the week (July 8, 2019 – July 12, 2019):

NIFTY FMCG:

 

nifty fmcg

 

NIFTY FMCG Index closed the week on positive note gaining +427.20 Points +1.45%

Weekly High: 30151.30

Weekly Low: 29568.75

Weekly Close: 29973.25

——————————————-

RESISTANCE 2: 30480

RESISTANCE 1: 30227

SUPPORT 1: 29644

SUPPORT 2: 29315

——————————————-

Technically on the daily charts we see minor support on the downside for NIFTY FMCG index lies at 29630 levels, whereas minor resistance on the upside is capped around 30350-30400 levels.

If NIFTY FMCG index breaches minor support on the downside and closes below it we may see fresh break down and index can drag index towards major support on lower side around 29340 and if breaches minor resistance on the upside and closes above it we may see fresh breakout and index can head towards higher levels around 30800.

Currently NIFTY FMCG index is trading above 200 days exponential moving average and suggests long term trend is bullish. EquityPandit’s analyst predicts range for the week is seen from 30800 on upside and 29340 on downside.

Nifty FMCG Outlook for the Week (July 1, 2019 – July 5, 2019)

EquityPandit’s Outlook for NIFTY FMCG for the week (July 1, 2019 – July 5, 2019):

NIFTY FMCG:

 

nifty fmcg

 

NIFTY FMCG Index closed the week on positive note gaining +122.20 Points +0.41%

Weekly High: 29668.80

Weekly Low: 29285.65

Weekly Close: 29546.05

—————————–

RESISTANCE 2: 29882
RESISTANCE 1: 29714

SUPPORT 1: 29331
SUPPORT 2: 29116

——————————

Technically on the daily charts we see minor support on the downside for NIFTY FMCG index lies at 29350 levels, whereas minor resistance on the upside is capped around 29700-29750 levels.

If NIFTY FMCG index breaches minor support on the downside and closes below it we may see fresh break down and index can drag index towards major support on lower side around 28950 and if breaches minor resistance on the upside and closes above it we may see fresh breakout and index can head towards higher levels around 30000

Currently NIFTY FMCG index is trading below 200 days exponential moving average and suggests long term trend is bearish. EquityPandit’s analyst predicts range for the week is seen from 30000 on upside and 28950 on downside.

Nifty FMCG Outlook for the Week (June 24, 2019 – June 28, 2019)

EquityPandit’s Outlook for NIFTY FMCG for the week (June 24, 2019 – June 28, 2019):

NIFTY FMCG:

 

NIFTYFMCG

 
NIFTY FMCG Index closed the week on negative note losing –542.25 Points –1.81%

Technically on the daily charts we see minor support on the downside for index lies at 29300 levels, whereas minor resistance on the upside is capped around 29700 levels.

If Nifty FMCG index breaches minor support on the downside and closes below it we may see fresh break down and index can drag index towards major support on lower side around 29000 and if breaches minor resistance on the upside and closes above it we may see fresh breakout and index can head towards higher levels around 30400

Currently Nifty FMCG index is trading below 200 days exponential moving average and suggests long term trend is bearish. EquityPandit’s analyst predicts range for the week is seen from 30400 on upside and 29000 on downside.

Nifty FMCG Outlook for the Week (June 17, 2019 – June 21, 2019)

EquityPandit’s Outlook for NIFTY FMCG for the week (June 17, 2019 – June 21, 2019):

NIFTY FMCG:

 

NIFTYFMCG

 
NIFTY FMCG Index closed the week on negative note losing –5.35 Points –0.02%

Technically on the daily charts we see minor support on the downside for index lies at 29700 levels, whereas minor resistance on the upside is capped around 30400 levels.

If Nifty FMCG index breaches minor support on the downside and closes below it we may see fresh break down and index can drag index towards major support on lower side around 29340 and if breaches minor resistance on the upside and closes above it we may see fresh breakout and index can head towards higher levels around 30825

Currently Nifty FMCG index is trading above 200 days exponential moving average and suggests long term trend is bullish. EquityPandit’s analyst predicts range for the week is seen from 30825 on upside and 29340 on downside.

Nifty FMCG Outlook for the Week (June 10, 2019 – June 14, 2019)

EquityPandit’s Outlook for NIFTY FMCG for the week (June 10, 2019 – June 14, 2019):

NIFTY FMCG:

 

NIFTYFMCG

 
NIFTY FMCG Index closed the week on negative note losing –30.95 Points –0.10%

Technically on the daily charts we see minor support on the downside for index lies at 29600– 29500 levels, whereas minor resistance on the upside is capped around 30300– 30400 levels.

If Nifty FMCG index breaches minor support on the downside and closes below it we may see fresh break down and index can drag index towards major support on lower side around 29000– 29100 and if breaches minor resistance on the upside and closes above it we may see fresh breakout and index can head towards higher levels around 30600– 30700

Currently Nifty FMCG index is trading below 200 days exponential moving average and suggests long term trend is bearish. EquityPandit’s analyst predicts range for the week is seen from 30600– 30700 on upside and 29000– 29100 on downside.

Nifty FMCG Outlook for the Week (June 01, 2019 – June 07, 2019)

EquityPandit’s Outlook for NIFTY FMCG for the week (June 01, 2019 – June 07, 2019):

NIFTY FMCG:

 

NIFTYFMCG

 
NIFTY FMCG Index closed the week on positive note gaining +3..25 Points +0.01%

Technically on the daily charts we see minor support on the downside for index lies at 29600– 29500 levels, whereas minor resistance on the upside is capped around 30300– 30400 levels.

If Nifty FMCG index breaches minor support on the downside and closes below it we may see fresh break down and index can drag index towards major support on lower side around 29000– 29100 and if breaches minor resistance on the upside and closes above it we may see fresh breakout and index can head towards higher levels around 30600– 30700

Currently Nifty FMCG index is trading below 200 days exponential moving average and suggests long term trend is bearish. EquityPandit’s analyst predicts range for the week is seen from 30600– 30700 on upside and 29000– 29100 on downside.

Nifty FMCG Outlook for the Week (May 27, 2019 – May 31,2019)

EquityPandit’s Outlook for NIFTY FMCG for the week(May 27, 2019 – May 31,2019)

NIFTY FMCG:

 

NIFTYFMCG

 
NIFTY FMCG Index closed the week on positive note gaining +3..25 Points +0.01%

Weekly High: 30824.90

Weekly Low: 29250.90

Weekly Close: 29965.40

Technically on the daily charts we see minor support on the downside for index lies at 29600– 29500 levels, whereas minor resistance on the upside is capped around 30000– 30100 levels.

If Nifty FMCG index breaches minor support on the downside and closes below it we may see fresh break down and index can drag index towards major support on lower side around 29000– 29100 and if breaches minor resistance on the upside and closes above it we may see fresh breakout and index can head towards higher levels around 30600– 30700

Currently Nifty FMCG index is trading below 200 days exponential moving average and suggests long term trend is bearish. EquityPandit’s analyst predicts range for the week is seen from 30600– 30700 on upside and 29000– 29100 on downside.

Nifty FMCG Outlook for the Week (May 13, 2019 – May 17,2019)

EquityPandit’s Outlook for NIFTY FMCG for the week (May 13, 2019 – May 17,2019):

NIFTY FMCG:

 

NIFTYFMCG

 

NIFTY FMCG Index closed the week on negative note losing -391.50 Points -1.32%

Weekly High: 30442.6

Weekly Low: 29217.05

Weekly Close: 29359.05

Nifty FMCG index has seen breakdown from classical wedge pattern and can head towards lower support levels, Also FMCG index last week broken important support levels of 100 & 200 days exponential moving averages. We can see selling pressure in FMCG major constitutes like ITC, HUL, DABUR, COLPAL etc.

Technically on the daily charts we see minor support on the downside for index lies at 28950– 29000 levels, whereas minor resistance on the upside is capped around 29800– 29900 levels.

If Nifty FMCG index breaches minor support on the downside and closes below it we may see fresh break down and index can drag index towards major support on lower side around 28300– 28400 and if breaches minor resistance on the upside and closes above it we may see fresh breakout and index can head towards higher levels around 30500– 30600

Currently Nifty FMCG index is trading below 200 days exponential moving average and suggests long term trend is bearish. EquityPandit’s analyst predicts range for the week is seen from 30500– 30600 on upside and 28300– 28400 on downside.

Nifty FMCG Outlook for the Week (May 06, 2019 – May 10,2019)

EquityPandit’s Outlook for NIFTY FMCG for the week (May 06, 2019 – May 10,2019):

NIFTY FMCG:

 

NIFTYFMCG
NIFTY FMCG Index closed the week on negative note losing -880.70 Points -2.88%

Weekly High: 30786.2

Weekly Low: 29688.15

Weekly Close: 30440.75
Technically on the daily charts we see minor support on the downside for index lies at 29600– 29500 levels, whereas minor resistance on the upside is capped around 30000– 30100 levels.

If Nifty FMCG index breaches minor support on the downside and closes below it we may see fresh break down and index can drag index towards major support on lower side around 28900– 29000 and if breaches minor resistance on the upside and closes above it we may see fresh breakout and index can head towards higher levels around 30500– 30600

Currently Nifty FMCG index is trading above 200 days exponential moving average and suggests long term trend is bullish. EquityPandit’s analyst predicts range for the week is seen from 30500– 30600 on upside and 28900– 29000 on downside.

Nifty FMCG Outlook for the Week (April 29,2019 – May 03,2019)

EquityPandit’s Outlook for NIFTY FMCG  for the week (April 29,2019 – May 03,2019):

NIFTY FMCG:

 

NIFTYFMCG

 

NIFTY FMCG Index closed the week on negative note losing -118.20 Points -0.39%

Weekly High: 30811.30

Weekly Low: 30247.80

Weekly Close: 30440.75

Nifty FMCG index has seen support around trend line support as seen in attached chart. Buying attraction can again resume in Nifty FMGC index this week if it hold the support levels of 30300- 30200.

Technically on the daily charts we see minor support on the downside for index lies at 30300-30200 levels, whereas minor resistance on the upside is capped around 30900- 31000 levels.

If Nifty FMCG index breaches minor support on the downside and closes below it we may see fresh break down and index can drag index towards major support on lower side around 29800- 29700 and if breaches minor resistance on the upside and closes above it we may see fresh breakout and index can head towards higher levels around 31100- 31300

Currently Nifty FMCG index is trading above 200 days exponential moving average and suggests long term trend is bullish.

EquityPandit’s analyst predicts range for the week is seen from 31100- 31300 on upside and 29800- 29700 on downside.
.

Nifty FMCG Outlook for the Week (April 22,2019 – April 26,2019)

EquityPandit’s Outlook for NIFTY FMCG  for the week (April 22,2019 – April 26,2019):

NIFTY FMCG:

 

NIFTYFMCG

 

NIFTY FMCG Index closed the week on positive note gaining +564.00 Points +1.88%

Weekly High: 30828.1

Weekly Low: 29998.3

Weekly Close: 30558.95

Strong buying in last two week has been seen in Nifty FMCG index and the trend may continue towards upside as we have seen breakout from classical triangle pattern on daily charts. Technically on the daily charts we see minor support on the downside for index lies at 30400- 30450 levels, whereas minor resistance on the upside is capped around 30900- 31000 levels.

If Nifty FMCG index breaches minor support on the downside and closes below it we may see fresh break down and index can drag index towards major support on lower side around 30200- 30100 and if breaches minor resistance on the upside and closes above it we may see fresh breakout and index can head towards higher levels around 31100- 31300

Currently Nifty FMCG index is trading above 200 days exponential moving average and suggests long term trend is bullish.

EquityPandit’s analyst predicts range for the week is seen from 31100- 31300 on upside and 30200- 30100 on downside.
.

Nifty FMCG Outlook for the Week (April 15, 2019 – April 19, 2019)

EquityPandit’s Outlook for NIFTY FMCG for the week (April 15, 2019 – April 19, 2019):

NIFTY FMCG:

 

NIFTYFMCG

 

NIFTY FMCG Index closed the week on positive note gaining +664.55 Points +2.22%

Weekly High: 30582.25

Weekly Low: 29731.2

Weekly Close: 30533.70

Strong buying attraction has been seen in Nifty FMCG index and is signs of weakness in broader market. On the daily charts fresh trend line breakout has been seen and uptrend in FMCG index may continue. Technically on the daily charts we see minor support on the downside for index lies at 29800- 29700 levels, whereas minor resistance on the upside is capped around 30500- 30600 levels.

If Nifty FMCG index breaches minor support on the downside and closes below it we may see fresh break down and index can drag index towards major support on lower side around 28900- 29000 and if breaches minor resistance on the upside and closes above it we may see fresh breakout and index can head towards higher levels around 31100- 31300

Currently Nifty FMCG index is trading above 200 days exponential moving average and suggests long term trend is bullish.

EquityPandit’s analyst predicts range for the week is seen from 31100- 31300 on upside and 28900- 29000 on downside.
.

Nifty FMCG Outlook for the Week (April 08, 2019 – April 12, 2019)

EquityPandit’s Outlook for NIFTY FMCG for the week (April 08, 2019 – April 12, 2019):

NIFTY FMCG:

 

NIFTYFMCG

 

NIFTY FMCG Index closed the week negative note -452.25 Points (-1.49%).

Weekly High: 30539.40

Weekly Low: 29801.10

Weekly Close: 29869.15

Currently nifty FMCG index is trading in consolidation range of 30600- 29800, no clear diction is predictable for the index and once should wait for the clear breakout. Technically on the daily charts we see minor support on the downside for index lies at 29800- 29700 levels, whereas minor resistance on the upside is capped around 30600- 30700 levels.

If Nifty FMCG index breaches minor support on the downside and closes below it we may see fresh break down and index can drag index towards major support on lower side around 28900- 29000 and if breaches minor resistance on the upside and closes above it we may see fresh breakout and index can head towards higher levels around 31100- 31300

Currently Nifty FMCG index is trading above 200 days exponential moving average and suggests long term trend is bullish.

EquityPandit’s analyst predicts range for the week is seen from 31100- 31300 on upside and 28900- 29000 on downside.
.

Nifty FMCG Outlook for the Week (April 01, 2019 – April 05, 2019)

EquityPandit’s Outlook for NIFTY FMCG for the week (April 01, 2019 – April 05, 2019):

NIFTY FMCG:

 

NIFTYFMCG

 

NIFTY FMCG Index closed the week positive note gaining +122.55 Points (+0.41%).

Weekly High: 30443.75

Weekly Low: 29787.90

Weekly Close: 30321.40

Currently nifty FMCG index is trading in consolidation range of 30600- 29800, no clear diction is predictable for the index and once should wait for the clear breakout. Technically on the daily charts we see minor support on the downside for index lies at 29800- 29700 levels, whereas minor resistance on the upside is capped around 30600- 30700 levels.

If Nifty FMCG index breaches minor support on the downside and closes below it we may see fresh break down and index can drag index towards major support on lower side around 28900- 29000 and if breaches minor resistance on the upside and closes above it we may see fresh breakout and index can head towards higher levels around 31100- 31300

Currently Nifty FMCG index is trading above 200 days exponential moving average and suggests long term trend is bullish. EquityPandit’s analyst predicts range for the week is seen from 31100- 31300 on upside and 28900- 29000 on downside.
.

Nifty FMCG Outlook for the Week (Mar 25, 2019 – Mar 29, 2019)

EquityPandit’s Outlook for NIFTY FMCG for the week (Mar 25, 2019 – Mar 29, 2019) :

NIFTY FMCG:

 

NIFTYFMCG

 

NIFTY FMCG Index closed the week negative note losing -268.45 Points (-0.88%).

Weekly High: 30584.10

Weekly Low: 29854.70

Weekly Close: 30198.85

Currently nifty FMCG index is trading in consolidation range of 30600- 29800, no clear diction is predictable for the index and once should wait for the clear breakout. Technically on the daily charts we see minor support on the downside for index lies at 29800- 29700 levels, whereas minor resistance on the upside is capped around 30600- 30700 levels.

If Nifty FMCG index breaches minor support on the downside and closes below it we may see fresh break down and index can drag index towards major support on lower side around 29400- 29200 and if breaches minor resistance on the upside and closes above it we may see fresh breakout and index can head towards higher levels around 31100- 31300

Currently Nifty FMCG index is trading above 200 days exponential moving average and suggests long term trend is bullish. EquityPandit’s analyst predicts range for the week is seen from 31100- 31300 on upside and 29400- 29200 on downside.
.

Nifty FMCG Outlook for the Week (Mar 18, 2019 – Mar 22, 2019)

EquityPandit’s Outlook for NIFTY FMCG for the week (Mar 18, 2019 – Mar 22, 2019) :

NIFTY FMCG:

 

NIFTY FMCG

 

NIFTY FMCG Index closed the week on positive to flat note gaining only +7.65 Points (+0.03%).

Weekly High: 30628.9

Weekly Low: 29754.2

Weekly Close: 29953.40

Called as safe heaven due always increasing demand, FMCG index has seen a sell off from week’s high and closed near to week’s low. Technically on the daily charts we see minor support on the downside for index lies at 29000- 29100 levels, whereas minor resistance on the upside is capped around 31000- 31100 levels.

If Nifty FMCG index breaches minor support on the downside and closes below it we may see fresh break down and index can drag index towards major support on lower side around 27000- 27100 and if breaches minor resistance on the upside and closes above it we may see fresh breakout and index can head towards higher levels around 33000- 33100

Currently Nifty FMCG index is trading above 200 days exponential moving average and suggests long term trend is bullish. EquityPandit’s analyst predicts range for the week is seen from 31000- 31100 on upside and 29000- 29100 on downside.
.

Nifty FMCG Outlook for the Week (Mar 11, 2019 – Mar 15, 2019)

EquityPandit’s Outlook for NIFTY FMCG for the week(Mar 11, 2019 – Mar 15, 2019) :

NIFTY FMCG:

 

NIFTY FMCG

 
NIFTY FMCG Index closed the week on positive note gaining 682.90 Points (+2.33%).

Weekly High: 30071.10

Weekly Low: 29334.40

Weekly Close: 29945.75

Technically on the daily charts we see minor support on the downside for index lies at 29000- 29100 levels, where as minor resistance on the upside is capped around 31000- 31100 levels.

If Nifty FMCG index breaches minor support on the downside and closes below it we may see fresh break down and index can drag index towards major support on lower side around 27000- 27100 and if breaches minor resistance on the upside and closes above it we may see fresh breakout and index can head towards higher levels around 33000- 33100

Currently Nifty FMCG index is trading above 200 days exponential moving average and suggests long term trend is bullish. EquityPandit’s analyst predicts range for the week is seen from 31000- 31100 on upside and 29000- 29100 on downside.

 

 

Nifty FMCG Outlook for the Week (Mar 05, 2019 – Mar 08, 2019)

EquityPandit’s Outlook for NIFTY FMCG for the week (Mar 05, 2019 – Mar 08, 2019) :  

NIFTY FMCG:

 

NIFTYFMCG

 

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

As we have mentioned last week, that resistance for the index lies around 29300 to 29500 where Fibonacci levels and long term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 29800 to 30000 where Fibonacci levels and medium term moving averages are lying. During the week the index manages to hit a high of 29548 and close the week around the levels of 29465.

Support for the index lies in the zone of 28800 to 29000 where low for the month of December-2018 and February-2019 are lying. If the index manages to close below these levels then the index can drift to the levels of 28200 to 28400 where Fibonacci levels are lying.

Resistance for the index lies around 29300 to 29500 where Fibonacci levels and long term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 29800 to 30000 where Fibonacci levels and medium term moving averages are lying.

Broad range for the index in the coming week is seen from 28600 to 28800 on downside & 29800 to 30000 on upside.

Nifty FMCG Outlook for the Week (Feb 25, 2019 – Mar 01, 2019)

EquityPandit’s Outlook for NIFTY FMCG for the week (Feb 25, 2019 – Mar 01, 2019) :  

NIFTY FMCG:

 

NIFTYFMCG

 

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

As we have mentioned last week, that support for the index lies in the zone of 28800 to 29000 where low for the month of December-2018 is lying. If the index manages to close below these levels then the index can drift to the levels of 28200 to 28400 where Fibonacci levels are lying. During the week the index manages to hit a low of 28888 and close the week around the levels of 29241.

Support for the index lies in the zone of 28800 to 28900 where low for the month of December-2018 is lying. If the index manages to close below these levels then the index can drift to the levels of 28200 to 28400 where Fibonacci levels are lying.

Resistance for the index lies around 29300 to 29500 where Fibonacci levels and long term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 29800 to 30000 where Fibonacci levels and medium term moving averages are lying.

Broad range for the index in the coming week is seen from 28500 to 28700 on downside & 29600 to 29800 on upside.

Nifty FMCG Outlook for the Week (Feb 18, 2019 – Feb 22, 2019)

EquityPandit’s Outlook for NIFTY FMCG for the week (Feb 18, 2019 – Feb 22, 2019) :  

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 around 29800 to 30000 where Fibonacci levels 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 30500 to 30700 where Fibonacci levels are lying. During the week the index manages to hit a high of 29970 and close the week around the levels of 29309.

Support for the index lies in the zone of 28800 to 29000 where low for the month of December-2018 is lying. If the index manages to close below these levels then the index can drift to the levels of 28200 to 28400 where Fibonacci levels are lying.

Minor resistance for the index lies around 29500 to 29700. Resistance for the index lies around 29800 to 30000 where Fibonacci levels 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 30500 to 30700 where Fibonacci levels are lying.

Broad range for the index in the coming week is seen from 28500 to 28700 on downside & 29800 to 30000 on upside.

Nifty FMCG Outlook for the Week (Feb 11, 2019 – Feb 15, 2019)

EquityPandit’s Outlook for NIFTY FMCG for the week (Feb 11, 2019 – Feb 15, 2019) :  

NIFTY FMCG:

 

NIFTYFMCG

 

Nifty FMCG index closed the week on negative note losing around 1.40%.

As we have mentioned last week, that support for the index lies in the zone of 29800 to 30000 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 29400 to 29600 where Fibonacci levels and long term moving averages are lying. During the week the index manages to hit a low of 29695 and close the week around the levels of 29769.

Support for the index lies in the zone of 29300 to 29500 where Fibonacci levels and long term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 28800 to 29000 where low for the month of December-2018 is lying.

Resistance for the index lies around 29800 to 30000 where Fibonacci levels 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 30500 to 30700 where Fibonacci levels are lying.

Broad range for the index in the coming week is seen from 29000 to 29200 on downside & 30500 to 30700 on upside.

Nifty FMCG Outlook for the Week (Feb 4, 2019 – Feb 8, 2019)

EquityPandit’s Outlook for NIFTY FMCG for the week (Feb 4, 2019 – Feb 8, 2019) :  

NIFTY FMCG:

 

NIFTYFMCG

 

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

As we have mentioned last week, that support for the index lies in the zone of 29800 to 30000 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 29400 to 29600 where Fibonacci levels and long term moving averages are lying. During the week the index manages to hit a low of 29337 and close the week around the levels of 30200.

Support for the index lies in the zone of 29800 to 30000 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 29400 to 29600 where Fibonacci levels and long term moving averages are lying.

Minor resistance for the index lies in the zone of 30400 to 30500. Resistance for the index lies around 30800 to 31000 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 31600 to 31800 where Fibonacci levels are lying.

Broad range for the index in the coming week is seen from 29200 to 29400 on downside & 30800 to 31000 on upside.

Nifty FMCG Outlook for the Week (Jan 28, 2019 – Feb 1, 2019)

EquityPandit’s Outlook for NIFTY FMCG for the week (Jan 28, 2019 – Feb 1, 2019) :  

NIFTY FMCG:

 

NIFTYFMCG

 

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 around 30800 to 31000 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 31600 to 31800 where Fibonacci levels are lying. During the week the index manages to hit a high of 30855 and close the week around the levels of 29938.

Support for the index lies in the zone of 29800 to 30000 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 29400 to 29600 where Fibonacci levels and long term moving averages are lying.

Minor resistance for the index lies in the zone of 30400 to 30500. Resistance for the index lies around 30800 to 31000 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 31600 to 31800 where Fibonacci levels are lying.

Broad range for the index in the coming week is seen from 29000 to 29200 on downside & 30800 to 31000 on upside.

Nifty FMCG Outlook for the Week (Jan 21, 2019 – Jan 25, 2019)

EquityPandit’s Outlook for NIFTY FMCG for the week (Jan 21, 2019 – Jan 25, 2019) :  

NIFTY FMCG:

 

NIFTYFMCG

 

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 around 30800 to 31000 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 31600 to 31800 where Fibonacci levels are lying. During the week the index manages to hit a high of 31046 and close the week around the levels of 30540.

Minor support for the index lies in the zone of 30400 to 30500. Support for the index lies in the zone of 30000 to 30100 where Fibonacci 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 29500 to 29700 where Fibonacci levels and medium term moving averages are lying.

Resistance for the index lies around 30800 to 31000 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 31600 to 31800 where Fibonacci levels are lying.

Broad range for the index in the coming week is seen from 29500 to 29700 on downside & 31300 to 31500 on upside.

Nifty FMCG Outlook for the Week (Jan 14, 2019 – Jan 18, 2019)

EquityPandit’s Outlook for NIFTY FMCG for the week (Jan 14, 2019 – Jan 18, 2019) :  

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 30500 to 30600. Resistance for the index lies around 30800 to 31000 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 31600 to 31800 where Fibonacci levels are lying. During the week the index manages to hit a high of 30849 and close the week around the levels of 30759.

Minor support for the index lies in the zone of 30400 to 30500. Support for the index lies in the zone of 30000 to 30100 where Fibonacci 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 29500 to 29700 where Fibonacci levels and medium term moving averages are lying.

Resistance for the index lies around 30800 to 31000 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 31600 to 31800 where Fibonacci levels are lying.

Broad range for the index in the coming week is seen from 29500 to 29700 on downside & 31300 to 31500 on upside.

Nifty FMCG Outlook for the Week (Jan 07, 2019 – Jan 11, 2019)

EquityPandit’s Outlook for NIFTY FMCG for the week (Jan 04, 2019 – Jan 11, 2019) :  

NIFTY FMCG:

 

NIFTYFMCG

 

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

As we have mentioned last week, that minor support for the index lies in the zone of 30000 to 30100. Support for the index lies in the zone of 29500 to 29700 where Fibonacci levels and short & medium term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 28300 to 28500 where Fibonacci levels are lying. During the week the index manages to hit a low of 29986 and close the week around the levels of 30267.

Minor support for the index lies in the zone of 30000 to 30100. Support for the index lies in the zone of 29500 to 29700 where Fibonacci levels and short & medium term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 28300 to 28500 where Fibonacci levels are lying.

Minor resistance for the index lies in the zone of 30500 to 30600. Resistance for the index lies around 30800 to 31000 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 31600 to 31800 where Fibonacci levels are lying.

Broad range for the index in the coming week is seen from 29500 to 29700 on downside & 31000 to 31200 on upside.

Nifty FMCG Outlook for the Week (Dec 31, 2018 – Jan 04, 2019)

EquityPandit’s Outlook for NIFTY FMCG for the week (Dec 31, 2018 – Jan 04, 2019) :  

NIFTY FMCG:

 

NIFTYFMCG

 

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 30000 to 30100. Support for the index lies in the zone of 29500 to 29700 where Fibonacci levels and short & medium term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 28300 to 28500 where Fibonacci levels are lying. During the week the index manages to hit a low of 29570 and close the week around the levels of 30544.

Minor support for the index lies in the zone of 30000 to 30100. Support for the index lies in the zone of 29500 to 29700 where Fibonacci levels and short & medium term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 28300 to 28500 where Fibonacci levels are lying.

Minor resistance for the index lies in the zone of 30500 to 30600. Resistance for the index lies around 30800 to 31000 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 31600 to 31800 where Fibonacci levels are lying.

Broad range for the index in the coming week is seen from 29500 to 29700 on downside & 31500 to 31700 on upside.

Nifty FMCG Outlook for the Week (Dec 24, 2018 – Dec 28, 2018)

EquityPandit’s Outlook for NIFTY FMCG for the week (Dec 24, 2018 – Dec 28, 2018) :  

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 around 30700 to 30900 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 31600 to 31800 where Fibonacci levels are lying. During the week the index manages to hit a high of 31064 and close the week around the levels of 30200.

Minor support for the index lies in the zone of 30000 to 30100. Support for the index lies in the zone of 29500 to 29700 where Fibonacci levels and short & medium term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 28300 to 28500 where Fibonacci levels are lying

Minor resistance for the index lies in the zone of 30500 to 30600. Resistance for the index lies around 30800 to 31000 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 31600 to 31800 where Fibonacci levels are lying.

Broad range for the index in the coming week is seen from 29300 to 29500 on downside & 30700 to 30900 on upside.

Nifty FMCG Outlook for the Week (Dec 17, 2018 – Dec 21, 2018)

EquityPandit’s Outlook for NIFTY FMCG for the week (Dec 17, 2018 – Dec 21, 2018) :  

NIFTY FMCG:

 

NIFTYFMCG

 

Nifty FMCG index closed the week on positive note gaining around 2.30%.

As we have mentioned last week, that support for the index lies in the zone of 29300 to 29500 where Fibonacci levels and break out levels are lying. If the index manages to close below these levels then the index can drift to the levels of 28300 to 28500 where Fibonacci levels are lying. During the week the index manages to hit a low of 28960 and close the week around the levels of 30371.

Minor support for the index lies in the zone of 30000 to 30100. Support for the index lies in the zone of 29300 to 29500 where Fibonacci levels and break out levels are lying. If the index manages to close below these levels then the index can drift to the levels of 28300 to 28500 where Fibonacci levels are lying

Resistance for the index lies around 30700 to 30900 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 31600 to 31800 where Fibonacci levels are lying.

Broad range for the index in the coming week is seen from 29300 to 29700 on downside & 30700 to 30900 on upside.

Nifty FMCG Outlook for the Week (Dec 10, 2018 – Dec 14, 2018)

EquityPandit’s Outlook for NIFTY FMCG for the week (Dec 10, 2018 – Dec 14, 2018) :  

NIFTY FMCG:

 

NIFTYFMCG

 

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

As we have mentioned last week, that support for the index lies in the zone of 29300 to 29500 where Fibonacci levels and break out levels are lying. If the index manages to close below these levels then the index can drift to the levels of 28300 to 28500 where Fibonacci levels are lying. During the week the index manages to hit a low of 29440 and close the week around the levels of 29673.

Support for the index lies in the zone of 29300 to 29500 where Fibonacci levels and break out levels are lying. If the index manages to close below these levels then the index can drift to the levels of 28300 to 28500 where Fibonacci levels are lying

Resistance for the index lies around 30000 to 30200 where Fibonacci levels 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 30800 to 31000 where Fibonacci levels are lying.

Broad range for the index in the coming week is seen from 28500 to 28700 on downside & 30500 to 30700 on upside.

Nifty FMCG Outlook for the Week (Dec 03, 2018 – Dec 07, 2018)

EquityPandit’s Outlook for NIFTY FMCG for the week (Dec 03, 2018 – Dec 07, 2018) :  

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 around 29300 to 29500 where low for the month of September-2018 and Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 29900 to 30000 where Fibonacci levels and medium term moving averages are lying. During the week the index manages to hit a high of 30438 and close the week around the levels of 30126.

Support for the index lies in the zone of 29300 to 29500 where Fibonacci levels and break out levels are lying. If the index manages to close below these levels then the index can drift to the levels of 28300 to 28500 where Fibonacci levels are lying

Resistance for the index lies around 30000 to 30200 where Fibonacci levels 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 30800 to 31000 where Fibonacci levels are lying.

Broad range for the index in the coming week is seen from 29000 to 29200 on downside & 31000 to 31200 on upside.

Nifty FMCG Outlook for the Week (Nov 26, 2018 – Nov 30, 2018)

EquityPandit’s Outlook for NIFTY FMCG for the week (Nov 26, 2018 – Nov 30, 2018) :  

NIFTY FMCG:

 

NIFTYFMCG

 

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

As we have mentioned last week, that resistance for the index lies around 29300 to 29500 where low for the month of September-2018 and Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 29900 to 30000 where Fibonacci levels and medium term moving averages are lying. During the week the index manages to hit a high of 29721 and close the week around the levels of 29244.

Minor support for the index lies around 28800 to 28900. Support for the index lies in the zone of 28300 to 28500 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 27800 to 28000 where Fibonacci levels are lying

Resistance for the index lies around 29300 to 29500 where low for the month of September-2018 and Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 29900 to 30000 where Fibonacci levels and medium term moving averages are lying.

Broad range for the index in the coming week is seen from 28000 to 28200 on downside & 29700 to 29900 on upside.

Nifty FMCG Outlook for the Week (Nov 19, 2018 – Nov 23, 2018)

EquityPandit’s Outlook for NIFTY FMCG for the week (Nov 19, 2018 – Nov 23, 2018) :  

NIFTY FMCG:

 

NIFTYFMCG

 

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

As we have mentioned last week, that minor support for the index lies around 28400 to 28500. Support for the index lies in the zone of 27800 to 27900 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 26800 to 27000 from where the index has broken out in the month of April-2018 and low for the month of October-2018 is lying. During the week the index manages to hit a low of 28405 and close the week around the levels of 29153.

Minor support for the index lies around 28500 to 28700. Support for the index lies in the zone of 27800 to 27900 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 26800 to 27000 from where the index has broken out in the month of April-2018 and low for the month of October-2018 is lying.

Resistance for the index lies around 29300 to 29500 where low for the month of September-2018 and Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 29900 to 30000 where Fibonacci levels and medium term moving averages are lying.

Broad range for the index in the coming week is seen from 28000 to 28200 on downside & 29700 to 29900 on upside.

Nifty FMCG Outlook for the Week (Nov 12, 2018 – Nov 16, 2018)

EquityPandit’s Outlook for NIFTY FMCG for the week (Nov 12, 2018 – Nov 16, 2018) :  

NIFTY FMCG:

 

NIFTYFMCG

 

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

As we have mentioned last week, that minor support for the index lies around 28400 to 28500. Support for the index lies in the zone of 27700 to 27800 where break out levels are lying. If the index manages to close below these levels then the index can drift to the levels of 26800 to 27000 from where the index has broken out in the month of April-2018 and low for the month of October-2018 is lying. During the week the index manages to hit a low of 28396 and close the week around the levels of 28731.

Minor support for the index lies around 28400 to 28500. Support for the index lies in the zone of 27800 to 27900 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 26800 to 27000 from where the index has broken out in the month of April-2018 and low for the month of October-2018 is lying.

Resistance for the index lies around 29300 to 29500 where low for the month of September-2018 and Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 29900 to 30000 where Fibonacci levels and medium term moving averages are lying.

Broad range for the index in the coming week is seen from 27800 to 28000 on downside & 29500 to 29700 on upside.

Nifty FMCG Outlook for the Week (Nov 05, 2018 – Nov 09, 2018)

EquityPandit’s Outlook for NIFTY FMCG for the week (Nov 05, 2018 – Nov 09, 2018) :  

NIFTY FMCG:

 

NIFTYFMCG

 

Nifty FMCG index closed the week on positive note gaining around 2.90%.

As we have mentioned last week, that support for the index lies in the zone of 27600 to 27800 where break out levels are lying. If the index manages to close below these levels then the index can drift to the levels of 26800 to 27000 from where the index has broken out in the month of April-2018. During the week the index manages to hit a low of 27796 and close the week around the levels of 28837.

Minor support for the index lies around 28400 to 28500. Support for the index lies in the zone of 27700 to 27800 where break out levels are lying. If the index manages to close below these levels then the index can drift to the levels of 26800 to 27000 from where the index has broken out in the month of April-2018 and low for the month of October-2018 is lying.

Resistance for the index lies around 29300 to 29500 where low for the month of September-2018 and Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 29900 to 30000 where Fibonacci levels and medium term moving averages are lying.

Broad range for the index in the coming week is seen from 27800 to 28000 on downside & 30000 to 30200 on upside.

Nifty FMCG Outlook for the Week (Oct 29, 2018 – Nov 02, 2018)

EquityPandit’s Outlook for NIFTY FMCG for the week (Oct 29, 2018 – Nov 02, 2018) :  

NIFTY FMCG:

 

NIFTYFMCG

 

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

As we have mentioned last week, that minor support for the index lies around 28400 to 28500. Support for the index lies in the zone of 27700 to 28000 where Fibonacci levels and break out levels are lying. If the index manages to close below these levels then the index can drift to the levels of 26800 to 27000 from where the index has broken out in the month of April-2018. During the week the index manages to hit a low of 27833 and close the week around the levels of 28014.

Support for the index lies in the zone of 27600 to 27800 where break out levels are lying. If the index manages to close below these levels then the index can drift to the levels of 26800 to 27000 from where the index has broken out in the month of April-2018.

Minor resistance for the index lies around 28400 to 28500. Resistance for the index lies around 29300 to 29500 where low for the month of September-2018 and Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 29900 to 30000 where Fibonacci levels and medium term moving averages are lying.

Broad range for the index in the coming week is seen from 26800 to 27000 on downside & 29000 to 29200 on upside.

Nifty FMCG Outlook for the Week (Oct 22, 2018 – Oct 26, 2018)

EquityPandit’s Outlook for NIFTY FMCG for the week (Oct 22, 2018 – Oct 26, 2018) :  

NIFTY FMCG:

 

NIFTYFMCG

 

Nifty FMCG index closed the week on positive note gaining around 2.50%.

As we have mentioned last week, that resistance for the index lies around 28400 to 28600 where Fibonacci levels and long term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 29300 to 29400 where low for the month of September-2018 and Fibonacci levels are lying. During the week the index manages to hit a high of 29059 and close the week around the levels of 28845.

Minor support for the index lies around 28400 to 28500. Support for the index lies in the zone of 27700 to 28000 where Fibonacci levels and break out levels are lying. If the index manages to close below these levels then the index can drift to the levels of 26800 to 27000 from where the index has broken out in the month of April-2018.

Resistance for the index lies around 29300 to 29500 where low for the month of September-2018 and Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 29900 to 30000 where Fibonacci levels and medium term moving averages are lying.

Broad range for the index in the coming week is seen from 27800 to 28000 on downside & 29800 to 30000 on upside.

Nifty FMCG Outlook for the Week (Oct 15, 2018 – Oct 19, 2018)

EquityPandit’s Outlook for NIFTY FMCG for the week (Oct 15, 2018 – Oct 19, 2018) :  

NIFTY FMCG:

 

NIFTYFMCG

 

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

As we have mentioned last week, that support for the index lies in the zone of 27700 to 28000 where Fibonacci levels and break out levels are lying. If the index manages to close below these levels then the index can drift to the levels of 26800 to 27000 from where the index has broken out in the month of April-2018. During the week the index manages to hit a low of 26890 and close the week around the levels of 28154.

Support for the index lies in the zone of 27700 to 28000 where Fibonacci levels and break out levels are lying. If the index manages to close below these levels then the index can drift to the levels of 26800 to 27000 from where the index has broken out in the month of April-2018.

Resistance for the index lies around 28400 to 28600 where Fibonacci levels and long term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 29300 to 29400 where low for the month of September-2018 and Fibonacci levels are lying.

Broad range for the index in the coming week is seen from 27200 to 27400 on downside & 28800 to 29000 on upside.

Nifty FMCG Outlook for the Week (Oct 08, 2018 – Oct 12, 2018)

EquityPandit’s Outlook for NIFTY FMCG for the week (Oct 08, 2018 – Oct 12, 2018) :  

NIFTY FMCG:

 

NIFTYFMCG

 

Nifty FMCG index closed the week on negative note losing around 6.30%.

As we have mentioned last week, that minor resistance for the index lies around 30000 to 30100. Resistance for the index lies around 30900 to 31100 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 31800 to 32000 from where the index has broken down after consolidation. During the week the index manages to hit a high of 30030 and close the week around the levels of 27874.

Support for the index lies in the zone of 27700 to 28000 where Fibonacci levels and break out levels are lying. If the index manages to close below these levels then the index can drift to the levels of 26800 to 27000 from where the index has broken out in the month of April-2018.

Resistance for the index lies around 28600 to 28800 where Fibonacci levels and long term moving averages are lying. If the index manages to close above these levels then the index can move to the levels of 29500 to 29700 where low for the month of September-2018 and Fibonacci levels are lying.

Broad range for the index in the coming week is seen from 26500 to 26700 on downside & 28700 to 28900 on upside.

Nifty FMCG Outlook for the Week (Oct 01, 2018 – Oct 05, 2018)

EquityPandit’s Outlook for NIFTY FMCG for the week (Oct 01, 2018 – Oct 05, 2018) :  

NIFTY FMCG:

 

NIFTYFMCG

 

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

As we have mentioned last week, that support for the index lies in the zone of 30000 to 30200 where the index has formed a gap, 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 29500 to 29700 where the index has formed a gap and Fibonacci levels are lying. During the week the index manages to hit a low of 29373 and close the week around the levels of 29758.

Support for the index lies in the zone of 29300 to 29500 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 28400 to 28600 where Fibonacci levels and long term moving averages are lying.

Minor resistance for the index lies around 30000 to 30100. Resistance for the index lies around 30900 to 31100 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 31800 to 32000 from where the index has broken down after consolidation.

Broad range for the index in the coming week is seen from 28500 to 28700 on downside & 30700 to 30900 on upside.

Nifty FMCG Outlook for the Week (Sep 24, 2018 – Sep 28, 2018)

EquityPandit’s Outlook for NIFTY FMCG for the week (Sep 24, 2018 – Sep 28, 2018) :  

NIFTY FMCG:

 

NIFTYFMCG

 

Nifty FMCG index closed the week on negative note losing around 1.90%.

As we have mentioned last week, that support for the index lies in the zone of 30000 to 30300 where the index has formed a gap, 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 29500 to 29700 where the index has formed a gap and Fibonacci levels are lying. During the week the index manages to hit a low of 29729 and close the week around the levels of 30407.

Support for the index lies in the zone of 30000 to 30200 where the index has formed a gap, 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 29500 to 29700 where the index has formed a gap and Fibonacci levels are lying.

Resistance for the index lies around 31100 to 31300 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 31800 to 32000 from where the index has broken down after consolidation.

Broad range for the index in the coming week is seen from 29500 to 29700 on downside & 31500 to 31700 on upside.

Nifty FMCG Outlook for the Week (Sep 17, 2018 – Sep 21, 2018)

EquityPandit’s Outlook for NIFTY FMCG for the week (Sep 17, 2018 – Sep 21, 2018) :  

NIFTY FMCG:

 

NIFTYFMCG

 

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

As we have mentioned last week, that support for the index lies in the zone of 31000 to 31200 from where the index broke out of July-2018 highs 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 30000 to 30200 where the index has formed a gap and medium term moving averages are lying. During the week the index manages to hit a low of 29989 and close the week around the levels of 30987.

Support for the index lies in the zone of 30000 to 30300 where the index has formed a gap, 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 29500 to 29700 where the index has formed a gap and Fibonacci levels are lying.

Resistance for the index lies around 31100 to 31300 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 31800 to 32000 from where the index has broken down after consolidation.

Broad range for the index in the coming week is seen from 30000 to 30300 on downside & 32000 to 32200 on upside.

Nifty FMCG Outlook for the Week (Sep 10, 2018 – Sep 14, 2018)

EquityPandit’s Outlook for NIFTY FMCG for the week (Sep 10, 2018 – Sep 14, 2018) :  

NIFTY FMCG:

 

NIFTYFMCG

 

Nifty FMCG index closed the week on negative note losing around 4.70%.

As we have mentioned last week, that minor support for the index lies around 32500 to 32600. Support for the index lies in the zone of 31800 to 32000 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 31000 to 31200 from where the index broke out of July-2018 highs. During the week the index manages to hit a low of 30932 and close the week around the levels of 31354.

Support for the index lies in the zone of 31000 to 31200 from where the index broke out of July-2018 highs 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 30000 to 30200 where the index has formed a gap and medium term moving averages are lying.

Resistance for the index lies around 31800 to 32000 from where the index has broken down after consolidation. If the index manages to close above these levels then the index can move to the levels of 32500 to 32700.

Broad range for the index in the coming week is seen from 30000 to 30300 on downside & 32500 to 32700 on upside.

Nifty FMCG Outlook for the Week (Sep 03, 2018 – Sep 07, 2018)

EquityPandit’s Outlook for NIFTY FMCG for the week (Sep 03, 2018 – Sep 07, 2018) :  

NIFTY FMCG:

 

NIFTYFMCG

 

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

As we have mentioned last week, that the index is trading at life time high so virtually no resistance lies. Resistance for the index lies around 32500 to 32700. If the index manages to close above these levels then the index can move to the levels of 33000 to 33200. During the week the index manages to hit a high of 33067 and close the week around the levels of 32911.

Minor support for the index lies around 32500 to 32600. Support for the index lies in the zone of 31800 to 32000 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 31000 to 31200 from where the index broke out of July-2018 highs.

The index is trading at life time high so virtually no resistance lies. Resistance for the index lies around 33000 to 33200. If the index manages to close above these levels then the index can move to the levels of 33500 to 33600.

Broad range for the index in the coming week is seen from 32300 to 32500 on downside & 33500 to 33600 on upside.

Nifty FMCG Outlook for the Week (Aug 27, 2018 – Aug 31, 2018)

EquityPandit’s Outlook for NIFTY FMCG for the week (Aug 27, 2018 – Aug 31, 2018) :  

NIFTY FMCG:

 

NIFTYFMCG

 

Nifty FMCG index closed the week on absolutely flat note.

As we have mentioned last week, that the index is trading at life time high so virtually no resistance lies. Resistance for the index lies around 32500 to 32700. If the index manages to close above these levels then the index can move to the levels of 33000 to 33200. During the week the index manages to hit a high of 32661 and close the week around the levels of 32386.

Minor support for the index lies around 31800 to 32000. Support for the index lies in the zone of 31000 to 31200 from where the index broke out of July-2018 highs. If the index manages to close below these levels then the index can drift to the levels of 30200 to 30400 from where the index has opened gap up.

The index is trading at life time high so virtually no resistance lies. Resistance for the index lies around 32500 to 32700. If the index manages to close above these levels then the index can move to the levels of 33000 to 33200.

Broad range for the index in the coming week is seen from 31500 to 31700 on downside & 32700 to 33000 on upside.

Nifty FMCG Outlook for the Week (Aug 20, 2018 – Aug 24, 2018)

EquityPandit’s Outlook for NIFTY FMCG for the week (Aug 20, 2018 – Aug 24, 2018) :  

NIFTY FMCG:

 

NIFTYFMCG

 

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

As we have mentioned last week, that the index is trading at life time high so virtually no resistance lies. Resistance for the index lies around 31500 to 31700 where trend-line joining earlier high is lying. If the index manages to close above these levels then the index can move to the levels of 32100 to 32200. During the week the index manages to hit a high of 32383 and close the week around the levels of 32340.

Minor support for the index lies around 31500 to 31700. Support for the index lies in the zone of 31000 to 31200 from where the index broke out of July-2018 highs. If the index manages to close below these levels then the index can drift to the levels of 30200 to 30400 from where the index has opened gap up.

The index is trading at life time high so virtually no resistance lies. Resistance for the index lies around 32500 to 32700. If the index manages to close above these levels then the index can move to the levels of 33000 to 33200.

Broad range for the index in the coming week is seen from 31500 to 31700 on downside & 33200 to 33400 on upside.

Nifty FMCG Outlook for the Week (Aug 13, 2018 – Aug 17, 2018)

EquityPandit’s Outlook for NIFTY FMCG for the week (Aug 13, 2018 – Aug 17, 2018) :  

NIFTY FMCG:

 

NIFTYFMCG

 

Nifty FMCG index closed the week on positive note gaining around 0.20%.

As we have mentioned last week, that the index is trading at life time high so virtually no resistance lies. Resistance for the index lies around 31500 to 31700 where trend-line joining earlier high is lying. If the index manages to close above these levels then the index can move to the levels of 32100 to 32200. During the week the index manages to hit a high of 31551 and close the week around the levels of 31475.

Minor support for the index lies around 30800 to 31000. Support for the index lies in the zone of 30200 to 30400 from where the index has opened gap up. If the index manages to close below these levels then the index can drift to the levels of 29300 to 29500 from where the index has opened gap up and short term moving averages are lying.

The index is trading at life time high so virtually no resistance lies. Resistance for the index lies around 31500 to 31700 where trend-line joining earlier high is lying. If the index manages to close above these levels then the index can move to the levels of 32100 to 32200.

Broad range for the index in the coming week is seen from 30500 to 30700 on downside & 32200 to 32400 on upside.

Nifty FMCG Outlook for the Week (Aug 06, 2018 – Aug 10, 2018)

EquityPandit’s Outlook for NIFTY FMCG for the week (Aug 06, 2018 – Aug 10, 2018) :  

NIFTY FMCG:

 

NIFTYFMCG

 

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

As we have mentioned last week, that the index is trading at life time high so virtually no resistance lies. Resistance for the index lies around 31000 to 31200. If the index manages to close above 31200 then the index can move to the levels of 31500 to 31700 where trend-line joining earlier high is lying. During the week the index manages to hit a high of 31491 and close the week around the levels of 31425.

Minor support for the index lies around 30800 to 31000. Support for the index lies in the zone of 30200 to 30400 from where the index has opened gap up. If the index manages to close below these levels then the index can drift to the levels of 29300 to 29500 from where the index has opened gap up and short term moving averages are lying.

The index is trading at life time high so virtually no resistance lies. Resistance for the index lies around 31500 to 31700 where trend-line joining earlier high is lying. If the index manages to close above these levels then the index can move to the levels of 32100 to 32200.

Broad range for the index in the coming week is seen from 30200 to 30400 on downside & 32200 to 32400 on upside.

Nifty FMCG Outlook for the Week (July 30, 2018 – Aug 03, 2018)

EquityPandit’s Outlook for NIFTY FMCG for the week (July 30, 2018 – Aug 03, 2018) :  

NIFTY FMCG:

 

NIFTYFMCG

 

Nifty FMCG index closed the week on positive note gaining around 5.00%.

As we have mentioned last week, that resistance for the index lies in the zone of 29600 to 29700 from where the index broke down after consolidation. If the index manages to close above these levels then the index can move to the levels of 30000 to 30100. During the week the index manages to hit a high of 31015 and close the week around the levels of 30749.

Support for the index lies in the zone of 30200 to 30400 from where the index has opened gap up. If the index manages to close below these levels then the index can drift to the levels of 29300 to 29500 from where the index has opened gap up and short term moving averages are lying.

The index is trading at life time high so virtually no resistance lies. Resistance for the index lies around 31000 to 31200. If the index manages to close above 31200 then the index can move to the levels of 31500 to 31700 where trend-line joining earlier high is lying.

Broad range for the index in the coming week is seen from 29500 to 29700 on downside & 31500 to 31700 on upside.

Nifty FMCG Outlook for the Week (July 23, 2018 – July 27, 2018)

EquityPandit’s Outlook for NIFTY FMCG for the week (July 23, 2018 – July 27, 2018) :  

NIFTY FMCG:

 

NIFTYFMCG

 

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 around 29100 to 29200. Support for the index lies in the zone of 28400 to 28500 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 27900 to 28000 from where the index broke out of January-2018 high and Fibonacci levels are lying. During the week the index manages to hit a low of 28838 and close the week around the levels of 29281.

Minor support for the index lies around 29100 to 29200. Support for the index lies in the zone of 28400 to 28500 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 27900 to 28000 from where the index broke out of January-2018 high and Fibonacci levels are lying.

Resistance for the index lies in the zone of 29600 to 29700 from where the index broke down after consolidation. If the index manages to close above these levels then the index can move to the levels of 30000 to 30100.

Broad range for the index in the coming week is seen from 28400 to 28600 on downside & 29700 to 29900 on upside.

Nifty FMCG Outlook for the Week (July 16, 2018 – July 20, 2018)

EquityPandit’s Outlook for NIFTY FMCG for the week (July 16, 2018 – July 20, 2018) :  

NIFTY FMCG:

 

NIFTYFMCG

 

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

As we have mentioned last week, that resistance for the index lies in the zone of 29500 to 29600. If the index manages to close above these levels then the index can move to the levels of 29800 to 30000. During the week the index manages to hit a high of 30036 and close the week around the levels of 29630.

Minor support for the index lies around 29100 to 29200. Support for the index lies in the zone of 28400 to 28500 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 27900 to 28000 from where the index broke out of January-2018 high and Fibonacci levels are lying.

Resistance for the index lies in the zone of 29600 to 29700. If the index manages to close above these levels then the index can move to the levels of 30000 to 30100.

Broad range for the index in the coming week is seen from 29000 to 29200 on downside & 29900 to 30100 on upside.

Nifty FMCG Outlook for the Week (July 09, 2018 – July 13, 2018)

EquityPandit’s Outlook for NIFTY FMCG for the week (July 09, 2018 – July 13, 2018) :  

NIFTY FMCG:

 

NIFTYFMCG

 

Nifty FMCG index closed the week on positive note gaining around 1.30%.

As we have mentioned last week, that support for the index lies in the zone of 28400 to 28500 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 27900 to 28000 from where the index broke out of January-2018 high and Fibonacci levels are lying. During the week the index manages to hit a low of 28601 and close the week around the levels of 29345.

Minor support for the index lies around 29000 to 29100. Support for the index lies in the zone of 28400 to 28500 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 27900 to 28000 from where the index broke out of January-2018 high and Fibonacci levels are lying.

Resistance for the index lies in the zone of 29500 to 29600. If the index manages to close above these levels then the index can move to the levels of 29800 to 30000.

Broad range for the index in the coming week is seen from 29000 to 29100 on downside & 29800 to 30000 on upside.

Nifty FMCG Outlook for the Week (July 02, 2018 – July 06, 2018)

EquityPandit’s Outlook for NIFTY FMCG for the week (July 02, 2018 – July 06, 2018) :  

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 28900 to 29000 where the index has formed a high in the month of July-2017. If the index manages to close above these levels then the index can move to the levels of 29500 to 29600. During the week the index manages to hit a high of 29017 and close the week around the levels of 28966.

Support for the index lies in the zone of 28400 to 28500 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 27900 to 28000 from where the index broke out of January-2018 high and Fibonacci levels are lying.

Resistance for the index lies in the zone of 28900 to 29100 where the index has formed a high in the month of July-2017 and June-2018. If the index manages to close above these levels then the index can move to the levels of 29500 to 29600.

Broad range for the index in the coming week is seen from 28000 to 28100 on downside & 29500 to 29600 on upside.

Nifty FMCG Outlook for the Week (June 25, 2018 – June 29, 2018)

EquityPandit’s Outlook for NIFTY FMCG for the week (June 25, 2018 – June 29, 2018) :  

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 28900 to 29000 where the index has formed a high in the month of July-2017. If the index manages to close above these levels then the index can move to the levels of 29500 to 29600. During the week the index manages to hit a high of 28905 and close the week around the levels of 28606.

Support for the index lies in the zone of 28400 to 28500 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 27900 to 28000 from where the index broke out of January-2018 high and Fibonacci levels are lying.

Resistance for the index lies in the zone of 28900 to 29000 where the index has formed a high in the month of July-2017. If the index manages to close above these levels then the index can move to the levels of 29500 to 29600.

Broad range for the index in the coming week is seen from 27900 to 28000 on downside & 29200 to 29300 on upside.

Nifty FMCG Outlook for the Week (June 18, 2018 – June 22, 2018)

EquityPandit’s Outlook for NIFTY FMCG for the week (June 18, 2018 – June 22, 2018) :  

NIFTY FMCG:

 

NIFTYFMCG

 

Nifty FMCG index closed the week on positive note gaining around 0.20%.

As we have mentioned last week, that resistance for the index lies in the zone of 28900 to 29000 where the index has formed a high in the month of July-2017. If the index manages to close above these levels then the index can move to the levels of 29500 to 29600. During the week the index manages to hit a high of 29161 and close the week around the levels of 28775.

Support for the index lies in the zone of 28400 to 28500 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 27900 to 28000 from where the index broke out of January-2018 high.

Resistance for the index lies in the zone of 28900 to 29000 where the index has formed a high in the month of July-2017. If the index manages to close above these levels then the index can move to the levels of 29500 to 29600.

Broad range for the index in the coming week is seen from 27900 to 28000 on downside & 29200 to 29300 on upside.

Nifty FMCG Outlook for the Week (June 11, 2018 – June 15, 2018)

EquityPandit’s Outlook for NIFTY FMCG for the week (June 11, 2018 – June 15, 2018) :  

NIFTY FMCG:

 

NIFTYFMCG

 

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

As we have mentioned last week, that resistance for the index lies in the zone of 28900 to 29000 where the index has formed a high in the month of July-2017. If the index manages to close above these levels then the index can move to the levels of 29500 to 29600. During the week the index manages to hit a high of 28898 and close the week around the levels of 28713.

Support for the index lies in the zone of 28400 to 28500 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 27900 to 28000 from where the index broke out of January-2018 high.

Resistance for the index lies in the zone of 28900 to 29000 where the index has formed a high in the month of July-2017. If the index manages to close above these levels then the index can move to the levels of 29500 to 29600.

Broad range for the index in the coming week is seen from 27900 to 28000 on downside & 29200 to 29300 on upside.

Nifty FMCG Outlook for the Week (June 04, 2018 – June 08, 2018)

EquityPandit’s Outlook for NIFTY FMCG for the week (June 04, 2018 – June 08, 2018) :  

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 28900 to 29000 where the index has formed a high in the month of July-2017. If the index manages to close above these levels then the index can move to the levels of 29500 to 29600. During the week the index manages to hit a high of 28953 and close the week around the levels of 28611.

Support for the index lies in the zone of 28400 to 28500 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 27900 to 28000 from where the index broke out of January-2018 high.

Resistance for the index lies in the zone of 28900 to 29000 where the index has formed a high in the month of July-2017. If the index manages to close above these levels then the index can move to the levels of 29500 to 29600.

Broad range for the index in the coming week is seen from 27600 to 27700 on downside & 29200 to 29300 on upside.

Nifty FMCG Outlook for the Week (May 28, 2018 – June 01, 2018)

EquityPandit’s Outlook for NIFTY FMCG for the week (May 28, 2018 – June 01, 2018) :  

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 28400 to 28500 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 27900 to 28000 from where the index broke out of January-2018 high. During the week the index manages to hit a low of 28303 and close the week around the levels of 28545.

Support for the index lies in the zone of 28400 to 28500 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 27900 to 28000 from where the index broke out of January-2018 high.

Resistance for the index lies in the zone of 28900 to 29000 where the index has formed a high in the month of July-2017. If the index manages to close above these levels then the index can move to the levels of 29500 to 29600.

Broad range for the index in the coming week is seen from 27600 to 27700 on downside & 29200 to 29300 on upside.

Nifty FMCG Outlook for the Week (May 21, 2018 – May 25, 2018)

EquityPandit’s Outlook for NIFTY FMCG for the week (May 21, 2018 – May 25, 2018) :  

NIFTY FMCG:

 

NIFTYFMCG

 

Nifty FMCG index closed the week on positive note gaining around 1.30%.

As we have mentioned last week, that resistance for the index lies in the zone of 28400 to 28500 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 28900 to 29000 where the index has formed a high in the month of July-2017. During the week the index manages to hit a high of 29037 and close the week around the levels of 28844.

Support for the index lies in the zone of 28400 to 28500 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 27900 to 28000 from where the index broke out of January-2018 high.

Resistance for the index lies in the zone of 28900 to 29000 where the index has formed a high in the month of July-2017. If the index manages to close above these levels then the index can move to the levels of 29500 to 29600.

Broad range for the index in the coming week is seen from 27900 to 28000 on downside & 29500 to 29600 on upside.

Nifty FMCG Outlook for the Week (May 14, 2018 – May 18, 2018)

EquityPandit’s Outlook for NIFTY FMCG for the week (May 14, 2018 – May 18, 2018) :  

NIFTY FMCG:

 

NIFTYFMCG

 

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

As we have mentioned last week, that resistance for the index lies in the zone of 28400 to 28500 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 28900 to 29000 where the index has formed a high in the month of July-2017. During the week the index manages to hit a high of 28692 and close the week around the levels of 28476.

Support for the index lies in the zone of 27900 to 28000 from where the index broke out of January-2018 high. If the index manages to close below these levels then the index can drift to the levels of 27100 to 27200 where break out levels and Fibonacci levels are lying.

Resistance for the index lies in the zone of 28400 to 28500 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 28900 to 29000 where the index has formed a high in the month of July-2017.

Broad range for the index in the coming week is seen from 27900 to 28000 on downside & 29000 to 29100 on upside.

Nifty FMCG Outlook for the Week (May 07, 2018 – May 11, 2018)

EquityPandit’s Outlook for NIFTY FMCG for the week (May 07, 2018 – May 11, 2018) :  

NIFTY FMCG:

 

NIFTYFMCG

 

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

As we have mentioned last week, that resistance for the index lies in the zone of 28400 to 28500 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 28900 to 29000 where the index has formed a high in the month of July-2017. During the week the index manages to hit a high of 29134 and close the week around the levels of 28178.

Support for the index lies in the zone of 27900 to 28000 from where the index broke out of January-2018 high. If the index manages to close below these levels then the index can drift to the levels of 27100 to 27200 where break out levels and Fibonacci levels are lying.

Resistance for the index lies in the zone of 28400 to 28500 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 28900 to 29000 where the index has formed a high in the month of July-2017.

Broad range for the index in the coming week is seen from 27100 to 27200 on downside & 28900 to 29000 on upside.

Nifty FMCG Outlook for the Week (Apr 30, 2018 – May 04, 2018)

EquityPandit’s Outlook for NIFTY FMCG for the week (Apr 30, 2018 – May 04, 2018) :  

NIFTY FMCG:

 

NIFTYFMCG

 

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

As we have mentioned last week, that support for the index lies in the zone of 27900 to 28000 from where the index broke out of January-2018 high. If the index manages to close below these levels then the index can drift to the levels of 27100 to 27200 where break out levels and Fibonacci levels are lying. During the week the index manages to hit a low of 27874 and close the week around the levels of 28433.

Support for the index lies in the zone of 27900 to 28000 from where the index broke out of January-2018 high. If the index manages to close below these levels then the index can drift to the levels of 27100 to 27200 where break out levels and Fibonacci levels are lying.

Resistance for the index lies in the zone of 28400 to 28500 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 28900 to 29000 where the index has formed a high in the month of July-2017.

Broad range for the index in the coming week is seen from 27800 to 27900 on downside & 28900 to 29000 on upside.

Nifty FMCG Outlook for the Week (Apr 23, 2018 – Apr 27, 2018)

EquityPandit’s Outlook for NIFTY FMCG for the week (Apr 23, 2018 – Apr 27, 2018) :  

NIFTY FMCG:

 

NIFTYFMCG

 

Nifty FMCG index closed the week on positive note gaining around 4.20%.

As we have mentioned last week, that resistance for the index lies in the zone of 26900 to 27000 from where the index has sold off and Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 27400 to 27500. During the week the index manages to hit a high of 28291 and close the week around the levels of 28111.

Support for the index lies in the zone of 27900 to 28000 from where the index broke out of January-2018 high. If the index manages to close below these levels then the index can drift to the levels of 27100 to 27200 where break out levels and Fibonacci levels are lying.

Resistance for the index lies in the zone of 28400 to 28500 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 28900 to 29000 where the index has formed a high in the month of July-2017.

Broad range for the index in the coming week is seen from 27200 to 27300 on downside & 28800 to 29000 on upside.

Nifty FMCG Outlook for the Week (Apr 16, 2018 – Apr 20, 2018)

EquityPandit’s Outlook for NIFTY FMCG for the week (Apr 16, 2018 – Apr 20, 2018) :  

NIFTY FMCG:

 

NIFTYFMCG

 

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

As we have mentioned last week, that resistance for the index lies in the zone of 26900 to 27000 from where the index has sold off and Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 27400 to 27500. During the week the index manages to hit a high of 27223 and close the week around the levels of 26983.

Support for the index lies in the zone of 26500 to 26600 where Fibonacci levels and short & medium term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 26000 to 26100 where break out levels are lying.

Resistance for the index lies in the zone of 26900 to 27000 from where the index has sold off and Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 27400 to 27500.

Broad range for the index in the coming week is seen from 26200 to 26300 on downside & 27500 to 27600 on upside.

Nifty FMCG Outlook for the Week (Apr 09, 2018 – Apr 13, 2018)

EquityPandit’s Outlook for NIFTY FMCG for the week (Apr 09, 2018 – Apr 13, 2018) :  

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 26500 to 26600 where Fibonacci levels and short & medium 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 has sold off. During the week the index manages to hit a high of 26835 and close the week around the levels of 26806.

Support for the index lies in the zone of 26500 to 26600 where Fibonacci levels and short & medium term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 26000 to 26100 where break out levels are lying.

Resistance for the index lies in the zone of 26900 to 27000 from where the index has sold off and Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 27400 to 27500.

Broad range for the index in the coming week is seen from 25900 to 26000 on downside & 27400 to 27500 on upside.

Nifty FMCG Outlook for the Week (Apr 02, 2018 – Apr 06, 2018)

EquityPandit’s Outlook for NIFTY FMCG for the week (Apr 02, 2018 – Apr 06, 2018) :  

NIFTY FMCG:

 

NIFTYFMCG

 

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 25800 to 26000 where break out levels are lying. If the index manages to close below these levels then the index can drift to the levels of 25300 to 25400 where Fibonacci levels are lying. During the week the index manages to hit a low of 25778 and close the week around the levels of 26127.

Support for the index lies in the zone of 25800 to 26000 where break out levels are lying. If the index manages to close below these levels then the index can drift to the levels of 25300 to 25400 where Fibonacci levels are lying.

Resistance for the index lies in the zone of 26500 to 26600 where Fibonacci levels and short & medium 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 has sold off.

Broad range for the index in the coming week is seen from 25400 to 25500 on downside & 26700 to 26800 on upside.

Nifty FMCG Outlook for the Week (Mar 26, 2018 – Mar 28, 2018)

EquityPandit’s Outlook for NIFTY FMCG for the week (Mar 26, 2018 – Mar 28, 2018) :  

NIFTY FMCG:

 

NIFTYFMCG

 

Nifty FMCG index closed the week on negative note losing around 0.50%.

As we have mentioned last week, that support for the index lies in the zone of 25800 to 26000 where break out levels are lying. If the index manages to close below these levels then the index can drift to the levels of 25300 to 25400 where Fibonacci levels are lying. During the week the index manages to hit a low of 25696 and close the week around the levels of 25910.

Support for the index lies in the zone of 25800 to 26000 where break out levels are lying. If the index manages to close below these levels then the index can drift to the levels of 25300 to 25400 where Fibonacci levels are lying.

Minor resistance for the index lies in the zone of 26100 to 26200. Resistance for the index lies in the zone of 26500 to 26600 where Fibonacci levels and short & medium 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 has sold off.

Broad range for the index in the coming week is seen from 25000 to 25100 on downside & 26600 to 26700 on upside.

Nifty FMCG Outlook for the Week (Mar 12, 2018 – Mar 16, 2018)

EquityPandit’s Outlook for NIFTY FMCG for the week (Mar 12, 2018 – Mar 16, 2018) :  

NIFTY FMCG:

 

NIFTYFMCG

 

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

As we have mentioned last week, that support for the index lies in the zone of 26000 to 26200 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 25400 to 25500 where Fibonacci levels are lying. During the week the index manages to hit a low of 25731 and close the week around the levels of 26020.

Support for the index lies in the zone of 25800 to 26000 where break out levels are lying. If the index manages to close below these levels then the index can drift to the levels of 25300 to 25400 where Fibonacci levels are lying.

Minor resistance for the index lies in the zone of 26300 to 26400. Resistance for the index lies in the zone of 26700 to 26800 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 27800 to 27900 where the index has formed a high in the month of January-2018.

Broad range for the index in the coming week is seen from 25400 to 25500 on downside & 26400 to 26500 on upside.

Nifty FMCG Outlook for the Week (Mar 05, 2018 – Mar 09, 2018)

EquityPandit’s Outlook for NIFTY FMCG for the week (Mar 05, 2018 – Mar 09, 2018) :  

NIFTY FMCG:

 

NIFTYFMCG

 

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 26800 to 26900 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 27800 to 27900 where the index has formed a high in the month of January-2018. During the week the index manages to hit a high of 26807 and close the week around the levels of 26492.

Support for the index lies in the zone of 26000 to 26200 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 25400 to 25500 where Fibonacci levels are lying.

Resistance for the index lies in the zone of 26800 to 26900 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 27800 to 27900 where the index has formed a high in the month of January-2018.

Broad range for the index in the coming week is seen from 25400 to 25500 on downside & 27400 to 27500 on upside.

Nifty FMCG Outlook for the Week (Feb 26, 2018 – Mar 02, 2018)

EquityPandit’s Outlook for NIFTY FMCG for the week (Feb 26, 2018 – Mar 02, 2018) :  

NIFTY FMCG:

 

NIFTYFMCG

 

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 26000 to 26200 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 25400 to 25500 where Fibonacci levels are lying. During the week the index manages to hit a low of 26262 and close the week around the levels of 26670.

Support for the index lies in the zone of 26000 to 26200 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 25400 to 25500 where Fibonacci levels are lying.

Resistance for the index lies in the zone of 26800 to 26900 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 27800 to 27900 where the index has formed a high in the month of January-2018.

Broad range for the index in the coming week is seen from 25400 to 25500 on downside & 27400 to 27500 on upside.

Nifty FMCG Outlook for the Week (Feb 19, 2018 – Feb 23, 2018)

EquityPandit’s Outlook for NIFTY FMCG for the week (Feb 19, 2018 – Feb 23, 2018) :  

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 26800 to 26900 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 27800 to 27900 where the index has formed a high in the month of January-2018. During the week the index manages to hit a high of 26945 and close the week around the levels of 26599.

Support for the index lies in the zone of 26000 to 26200 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 25400 to 25500 where Fibonacci levels are lying.

Resistance for the index lies in the zone of 26800 to 26900 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 27800 to 27900 where the index has formed a high in the month of January-2018.

Broad range for the index in the coming week is seen from 25400 to 25500 on downside & 27400 to 27500 on upside.

Nifty FMCG Outlook for the Week (Feb 12, 2018 – Feb 16, 2018)

EquityPandit’s Outlook for NIFTY FMCG for the week (Feb 12, 2018 – Feb 16, 2018) :  

NIFTY FMCG:

 

NIFTYFMCG

 

Nifty FMCG index closed the week on negative note losing around 1.90%.

As we have mentioned last week, that support for the index lies in the zone of 26700 to 26900 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 26000 to 26200 where Fibonacci levels and medium term moving averages are lying. During the week the index manages to hit a low of 26193 and close the week around the levels of 26664.

Support for the index lies in the zone of 26000 to 26200 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 25400 to 25500 where Fibonacci levels are lying.

Resistance for the index lies in the zone of 26800 to 26900 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 27800 to 27900 where the index has formed a high in the month of January-2018.

Broad range for the index in the coming week is seen from 25400 to 25500 on downside & 27400 to 27500 on upside.

Nifty FMCG Outlook for the Week (Feb 05, 2018 – Feb 09, 2018)

EquityPandit’s Outlook for NIFTY FMCG for the week (Feb 05, 2018 – Feb 09, 2018) :  

NIFTY FMCG:

 

NIFTYFMCG

 

Nifty FMCG index closed the week on negative note losing around 1.90%.

As we have mentioned last week, that minor support for the index lies in the zone of 27400 to 27500. Support for the index lies in the zone of 26700 to 26900 where break out levels are lying. If the index manages to close below these levels then the index can drift to the levels of 26000 to 26200 where Fibonacci levels and short term moving averages are lying. During the week the index manages to hit a low of 26844 and close the week around the levels of 27180.

Support for the index lies in the zone of 26700 to 26900 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 26000 to 26200 where Fibonacci levels and medium term moving averages are lying.

Resistance for the index lies in the zone of 27700 to 27800 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 28200 to 28300.

Broad range for the index in the coming week is seen from 26000 to 26200 on downside & 28700 to 28800 on upside.

Nifty FMCG Outlook for the Week (Jan 29, 2018 – Feb 02, 2018)

EquityPandit’s Outlook for NIFTY FMCG for the week (Jan 29, 2018 – Feb 02, 2018) :  

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 27700 to 27800 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 28000 to 28200. During the week the index manages to hit a high of 27924 and close the week around the levels of 27716.

Minor support for the index lies in the zone of 27400 to 27500. Support for the index lies in the zone of 26700 to 26900 where break out levels are lying. If the index manages to close below these levels then the index can drift to the levels of 26000 to 26200 where Fibonacci levels and short term moving averages are lying.

Resistance for the index lies in the zone of 27700 to 27800 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 28200 to 28300.

Broad range for the index in the coming week is seen from 26700 to 26800 on downside & 28700 to 28800 on upside.

Nifty FMCG Outlook for the Week (Jan 22, 2018 – Jan 25, 2018)

EquityPandit’s Outlook for NIFTY FMCG for the week (Jan 22, 2018 – Jan 25, 2018) :  

NIFTY FMCG:

 

NIFTYFMCG

 

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

As we have mentioned last week, that support for the index lies in the zone of 26700 to 26900 where break out levels are lying. If the index manages to close below these levels then the index can drift to the levels of 26000 to 26200 where Fibonacci levels and short term moving averages are lying. During the week the index manages to hit a low of 26632 and close the week around the levels of 27517.

Support for the index lies in the zone of 26700 to 26900 where break out levels are lying. If the index manages to close below these levels then the index can drift to the levels of 26000 to 26200 where Fibonacci levels and short term moving averages are lying.

Resistance for the index lies in the zone of 27700 to 27800 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 28000 to 28200.

Broad range for the index in the coming week is seen from 26500 to 26700 on downside & 28000 to 28200 on upside.

Nifty FMCG Outlook for the Week (Jan 15, 2018 – Jan 19, 2018)

EquityPandit’s Outlook for NIFTY FMCG for the week (Jan 15, 2018 – Jan 19, 2018) :  

NIFTY FMCG:

 

NIFTYFMCG

 

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

As we have mentioned last week, that resistance for the index lies in the zone of 26800 to 26900. If the index manages to close above these levels then the index can move to the levels of 27000 to 27200 from where the index has opened gap down. During the week the index manages to hit a high of 27483 and close the week around the levels of 27196.

Support for the index lies in the zone of 26700 to 26900 where break out levels are lying. If the index manages to close below these levels then the index can drift to the levels of 26000 to 26200 where Fibonacci levels and short term moving averages are lying.

Resistance for the index lies in the zone of 27200 to 27300 from where the index has opened gap down. If the index manages to close above these levels then the index can move to the levels of 27700 to 27800 from where the index has broken down.

Broad range for the index in the coming week is seen from 26300 to 26400 on downside & 27700 to 27800 on upside.

Nifty FMCG Outlook for the Week (Jan 08, 2018 – Jan 12, 2018)

EquityPandit’s Outlook for NIFTY FMCG for the week ( Jan 08, 2018 – Jan 12, 2018) :  

NIFTY FMCG:

 

NIFTYFMCG

 

Nifty FMCG index closed the week on positive note gaining around 0.20%.

As we have mentioned last week, that minor support for the index lies in the zone of 26500 to 26600. Support for the index lies in the zone of 26000 to 26100 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 25450 to 25550 where Fibonacci levels and short & medium term moving averages are lying. During the week the index manages to hit a low of 26474 and close the week around the levels of 26914.

Minor support for the index lies in the zone of 26500 to 26600. Support for the index lies in the zone of 26000 to 26100 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 25450 to 25550 where Fibonacci levels and 200 daily moving averages are lying.

Resistance for the index lies in the zone of 26800 to 26900. If the index manages to close above these levels then the index can move to the levels of 27000 to 27200 from where the index has opened gap down.

Broad range for the index in the coming week is seen from 26400 to 26500 on downside & 27500 to 27600 on upside.

Nifty FMCG Outlook for the Week (Jan 01, 2018 – Jan 05, 2018)

EquityPandit’s Outlook for NIFTY FMCG for the week Jan 01, 2018 – Jan 05, 2018) :  

NIFTY FMCG:

 

NIFTYFMCG

 

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

As we have mentioned last week, that minor support for the index lies in the zone of 26400 to 26500. Support for the index lies in the zone of 26000 to 26100 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 25450 to 25550 where Fibonacci levels and short & medium term moving averages are lying. During the week the index manages to hit a low of 26567 and close the week around the levels of 26851.

Minor support for the index lies in the zone of 26500 to 26600. Support for the index lies in the zone of 26000 to 26100 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 25450 to 25550 where Fibonacci levels and short & medium term moving averages are lying.

Resistance for the index lies in the zone of 26800 to 26900. If the index manages to close above these levels then the index can move to the levels of 27000 to 27200 from where the index has opened gap down.

Broad range for the index in the coming week is seen from 26200 to 26300 on downside & 27300 to 27400 on upside.

Nifty FMCG Outlook for the Week (Dec 26, 2017 – Dec 29, 2017)

EquityPandit’s Outlook for NIFTY FMCG for the week  (Dec 26, 2017 – Dec 29, 2017) :  

NIFTY FMCG:

 

NIFTYFMCG

 

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

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 27000 to 27200 from where the index has opened gap down. During the week the index manages to hit a high of 26879 and close the week around the levels of 26710.

Minor support for the index lies in the zone of 26400 to 26500. Support for the index lies in the zone of 26000 to 26100 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 25450 to 25550 where Fibonacci levels and short & medium term moving averages are lying.

Resistance for the index lies in the zone of 26700 to 26800. If the index manages to close above these levels then the index can move to the levels of 27000 to 27200 from where the index has opened gap down.

Broad range for the index in the coming week is seen from 26000 to 26200 on downside & 27200 to 27300 on upside.

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

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

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 26000 to 26100 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 25450 to 25550 where Fibonacci levels and short & medium term moving averages are lying. During the week the index manages to hit a low of 26027 and close the week around the levels of 26431.

Support for the index lies in the zone of 26000 to 26100 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 25450 to 25550 where Fibonacci levels and short & medium term moving averages 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 27000 to 27200 from where the index has opened gap down.

Broad range for the index in the coming week is seen from 25800 to 25900 on downside & 27000 to 27200 on upside.

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

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

NIFTY FMCG:

 

NIFTYFMCG

 

Nifty FMCG index closed the week on positive note gaining around 3.10%.

As we have mentioned last week, that resistance for the index lies in the zone of 26000 to 26100 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 26500 to 26600. During the week the index manages to hit a high of 26491 and close the week around the levels of 26460.

Support for the index lies in the zone of 26000 to 26100 where Fibonacci levels are lying. If the index manages to close below these levels then the index can drift to the levels of 25450 to 25550 where Fibonacci levels and short & medium term moving averages are lying.

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 27000 to 27200 from where the index has opened gap down.

Broad range for the index in the coming week is seen from 25300 to 25500 on downside & 27200 to 27400 on upside.

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

EquityPandit’s Outlook for NIFTY FMCG for the week  (Dec 04, 2017 – Dec 08, 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 26000 to 26100 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 26500 to 26600. During the week the index manages to hit a high of 26049 and close the week around the levels of 25667.

Support for the index lies in the zone of 25450 to 25550 where Fibonacci levels and short & medium term moving averages are lying. If the index manages to close below these levels then the index can drift to the levels of 24900 to 25000 from where the index broke out and 200 daily moving averages are lying.

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

Broad range for the index in the coming week is seen from 25000 to 25100 on downside & 26200 to 26300 on upside.

Nifty FMCG Outlook for the Week (Nov 27, 2017 – Dec 01, 2017)

EquityPandit’s Outlook for NIFTY FMCG for the week  (Nov 27, 2017 – Dec 01, 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 26000 to 26100 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 26500 to 26600. During the week the index manages to hit a high of 26002 and close the week around the levels of 25971.

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 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 24900 to 25000 from where the index broke out.

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

Broad range for the index in the coming week is seen from 25500 to 25600 on downside & 26500 to 26600 on upside.

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

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

NIFTY FMCG:

 

NIFTYFMCG

 

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 26000 to 26100 where Fibonacci levels are lying. If the index manages to close above these levels then the index can move to the levels of 26500 to 26600. During the week the index manages to hit a high of 26069 and close the week around the levels of 25749.

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 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 24900 to 25000 from where the index broke out.

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

Broad range for the index in the coming week is seen from 25000 to 25100 on downside & 26400 to 26500 on upside.

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

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

NIFTY FMCG:

 

NIFTYFMCG

 

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

As we have mentioned last week, that support for the index lies in the zone of 25400 to 25500 where Fibonacci 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 24900 to 25000 from where the index broke out. During the week the index manages to hit a low of 25558 and close the week around the levels of 25920.

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 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 24900 to 25000 from where the index broke out.

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

Broad range for the index in the coming week is seen from 25300 to 25400 on downside & 26400 to 26500 on upside.

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

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

NIFTY FMCG:

 

NIFTYFMCG

 

Nifty FMCG index closed the week on negative note losing around 0.10%.

As we have mentioned last week, that resistance for the index lies in the zone of 25850 to 25950 where the index has formed a top in the month of September-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 26100 to 26200 where Fibonacci levels are lying. During the week the index manages to hit a high of 26152 and close the week around the levels of 25790.

Support for the index lies in the zone of 25400 to 25500 where Fibonacci 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 24900 to 25000 from where the index broke out.

Resistance for the index lies in the zone of 25850 to 25950 where the index has formed a top in the month of September-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 26100 to 26200 where Fibonacci levels are lying.

Broad range for the index in the coming week is seen from 25300 to 25400 on downside & 26300 to 26400 on upside.

Nifty FMCG Outlook for the Week (Oct 30, 2017 – Nov 03, 2017)

EquityPandit’s Outlook for NIFTY FMCG for the week  (Oct 30, 2017 – Nov 03, 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 25800 to 25900 where the index has formed a top in the month of September-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 26100 to 26200 where Fibonacci levels are lying. During the week the index manages to hit a high of 26128 and close the week around the levels of 25815.

Support for the index lies in the zone of 25400 to 25500 where Fibonacci 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 24900 to 25000 from where the index broke out.

Resistance for the index lies in the zone of 25850 to 25950 where the index has formed a top in the month of September-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 26100 to 26200 where Fibonacci levels are lying.

Broad range for the index in the coming week is seen from 25300 to 25400 on downside & 26300 to 26400 on upside.

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

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

NIFTY FMCG:

 

NIFTYFMCG

 

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

As we have mentioned last week, that 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. During the week the index manages to hit a high of 25748 and close the week around the levels of 25580.

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 24900 to 25000 from where the index broke out.

Resistance for the index lies in the zone of 25800 to 25900 where the index has formed a top in the month of September-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 26100 to 26200 where Fibonacci levels are lying.

Broad range for the index in the coming week is seen from 24900 to 25000 on downside & 25900 to 26000 on upside.

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 t