 "markets, stock markets, stock market, trading, technical analysis, technical, trading")
Nifty FMCG
Last close: 44,940.45 (Bullish)
Last close: 44,940.45 (Bullish)
As the index undergoes a sharp correction in the near term, it implies that it has fallen significantly from its previous highs. This decline, therefore, amounts to more than 1,700 points or approximately 4 per cent, indicating negative market sentiment.
On technical charts, the index is expected to find strong support at the level of 44,636, which suggests that there is a high likelihood of investors buying stocks at this level, due to its perceived value.
However, if the index falls below this level, it could result in a bearish phase, which
On technical charts, the index is expected to find strong support at the level of 44,636, which suggests that there is a high likelihood of investors buying stocks at this level, due to its perceived value.
However, if the index falls below this level, it could result in a bearish phase, which
