Wednesday, June 20, 2012

BSE-FMCG Index Technical Analysis 19 June 2012


BSE-FMCG Index closes at 4832.84 with a Gain of +1.60% on 19 June 2012 with Formation of Bullish Harami Candle  on Daily Price Chart. On Techncial Price Chart, BSE-FMCG Index is looking Bullish .Major Momenum Indicators ie MACD,HACo & 12 Days Trend Plot are Moving Upward. It has now Strong Resistance at 5048 and Support at 4815. This Will Make the FMCG Stocks to Trade on Higher Levels in Short-Term.

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