Page 5 - Nifty Fmcg
Nifty FMCG index likely to face stiff resistance at 51,000
Meanwhile, charts suggest that the Nifty Metal index too may be due for a reversal or consolidation, says Ravi Nathani, an independent technical analyst.
 "Nifty FMCG index likely to face stiff resistance at 51,000")
Nifty FMCG, Auto indices likely to underperform in near-term, show charts
The Nifty Auto index is expected to underperform in the near future, and the current rally provides an opportune moment to sell the index and its constituents
 "Nifty FMCG, Auto indices likely to underperform in near-term, show charts")
ITC Q4FY23 cigarette volume seen 13% up; Margin to see sharp yearly jump
ITC Q4FY23 result preview: The core Cigarette business volumes are expected to grow 13 per cent YoY, as per three brokerages. This pace of increase was 15 per cent in Q3FY23
 "ITC Q4FY23 cigarette volume seen 13% up; Margin to see sharp yearly jump")
Trading strategy for Nifty Metal, FMCG indices in the short-term
According to Ravi Nathani, an independent technical analyst, in case the Nifty Metal index closes below 5,625 it could weaken further.
 "Trading strategy for Nifty Metal, FMCG indices in the short-term")
Charts hint near-term correction for Nifty FMCG, sell-on-rise approach apt
It is recommended that traders adopt a cautious approach while trading in Nifty FMCG index, given the overextended market conditions and the likelihood of a correction in the near term, said analyst
 "Charts hint near-term correction for Nifty FMCG, sell-on-rise approach apt")
Charts show near-term resistance for Nifty Auto, Nifty FMCG; here's why -
Nifty Auto, and Nifty FMCG indices are likely to face resistance in the near-term, hence the best trading strategy to adopt is to sell-on-rise, said the technical analyst
 "Charts show near-term resistance for Nifty Auto, Nifty FMCG; here's why -")
Price hikes to drive HUL Q4 revenue, ad-spends to dent margin: Analysts
According to brokerages, a sequential expansion in Ebitda margins is expected, amid tapering commodity cost inflation
 "Price hikes to drive HUL Q4 revenue, ad-spends to dent margin: Analysts")
Nifty Auto likely to exhibit range-bound trade; FMCG seems overbought
According to Ravi Nathani, an independent technical analyst, the Auto index seems trapped in the 12,950 - 12,830 range. Whereas, the FMCG index is expected to face stiff resistance around 47,200.
 "Nifty Auto likely to exhibit range-bound trade; FMCG seems overbought")
ITC rally has more legs on FMCG biz scale up, high cigarette vols: Analysts
ITC share: The stock has firmly outperformed the benchmark returns by rallying 56 per cent over the last year versus a 3% and 23.5% gain in the Nifty50 and Nifty FMCG indices during this time
Trading strategies in Nifty FMCG, Metal indices
According to Ravi Nathani, an independent technical analysts, the Nifty Metal Index is exhibiting a range-bound trade, whereas the FMCG index presents a 'Sell on rise' opportunity.
 "Trading strategies in Nifty FMCG, Metal indices")
Chart check: Buy the dips in Nifty Pharma, Sell the rallies in Nifty FMCG
The near-term trend is displaying a bullish bias for the Nifty Pharma index
ITC, Nestle India: Fresh breakouts to assist FMCG index reach historic peak
FMCG stocks may rise up to 17% once the index hits a new all-time high
 "ITC, Nestle India: Fresh breakouts to assist FMCG index reach historic peak")
Nifty Auto likely to remain range-bound in near-term, says Ravi Nathani
According to the technical analyst, the Nifty Auto Index is expected to remain range-bound in the near term, with a potential breakout in either direction likely to trigger a directional bias
 "Nifty Auto likely to remain range-bound in near-term, says Ravi Nathani")
Nifty FMCG looks weak; PVT Bank Index likely to outperform: Ravi Nathani
The Nifty Pvt Bank index can rally to 20,425 and 20,775 in the short-term.
Nifty Auto likely to rebound, sell Nifty Metal on rise, says Ravi Nathani
The technical analyst expects the Nifty auto index to shortly see a rebound, while the metal index could underperform
 "Nifty Auto likely to rebound, sell Nifty Metal on rise, says Ravi Nathani")
Britannia, ITC, Radico: These FMCG stocks may act as hedge in current fall
Selective FMCG stocks may rise up to 11 per cent, even if broader market loses more ground
 "Britannia, ITC, Radico: These FMCG stocks may act as hedge in current fall")
Ravi Nathani recommends to buy IT, FMCG stocks on dips; Avoid metals
With an view to capitalize on a potential technical bounce, the technical analyst advises traders to adopt a buying strategy near the support price.
Adopt 'buy-on-dips' strategy for Nifty FMCG index, suggests Ravi Nathani
According to the technical analyst, the Nifty FMCG index presents a promising opportunity for traders to capitalise on the current bullish trend
 "Adopt 'buy-on-dips' strategy for Nifty FMCG index, suggests Ravi Nathani")
Charts indicate bearish trend for Nifty Metal over near-term: Ravi Nathani
According to the technical analyst, charts suggest bullish trend for Nifty FMCG index, while bearish for Nifty Metal index
 "Charts indicate bearish trend for Nifty Metal over near-term: Ravi Nathani")
Charts show range-bound pattern for Nifty FMCG, Auto indices: Ravi Nathani
According to the technical analyst, charts suggest range-bound pattern for Nifty FMCG, Nifty Metal, and Nifty Auto indices in the near-term
