NiftyPredictor

NiftyPredictor

If you have FMCG heavy portfolio, recommend to rebalance in favour of ITC for this year. Perennial overperformers Marico, HUL, Nestle, Dabur are cooling off while ITC is about to break a crucial resistance

NiftyPredictor

HUL maintains rally with oil prices, but only to a limit, after which its pricing power and brand power in terms of passing on costs crashes. However, historically it has always recovered from super lows. At 1866 is a super buying opportunity. Buy 10% at current levels, and keep buying in tranches till the bottom out at 1866. Set your GTTs for a upside recovery of 20%

NiftyPredictor

Tata Consultancy Services moves in a channel upwards, then retraces, exactly to 78.6% basis Fibonacci. If TCS makes a recent top, you can get short opportunity all the way down to 78.6% irrespective of what NIFTY IT does. Wait for the top, and breakdown from channel before entering trade. Keep trailing stop loss after every day.

NiftyPredictor

Range Predicted 16800-17500 Upside break - Movement till 17800 Downside break - Movement till 16400 Trade safe, trade with trailing stop losses, and hedges in positions. All the best

NiftyPredictor

Basis previous channel breakouts, the third channel formation is likely. Why downward channel, and not upward or horizontal channel? The supply chain shocks of war and petrol price/commodity price shocks will be evident in Jan quarter, results till force downward channel Fundamentals USD-INR - Negatives, FII unlikely to comeback immediately May - 0.5% hike...