Nifty FMCG breakout and the pattern is up flag/triangular pattern.
I will take trade using FMCG ETF (ICICI Prudential Nifty FMCG ETF (INF109KC19V3)
also one can find individual stocks from this index to trade.
Details:
Date: 21 Aug 2024
Pattern: up flag /triangular pattern
The current market price
at the time of study: 62852
Target = 67055
Target in % :6.69
SL: 62637
Note: This is not investment advice I and sharing my study and trade
I will take trade using FMCG ETF (ICICI Prudential Nifty FMCG ETF (INF109KC19V3)
also one can find individual stocks from this index to trade.
Details:
Date: 21 Aug 2024
Pattern: up flag /triangular pattern
The current market price
at the time of study: 62852
Target = 67055
Target in % :6.69
SL: 62637
Note: This is not investment advice I and sharing my study and trade
Trade closed manually
BOOK PROFIT as trailing stop loss hit Related publications
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.