NIFTYFMCG - Strong DOwntrend

NIFTYFMCG

NIFTYFMCG is coming down from the resistance level and has breached it's trading-channel & 50DAY EMA in Hourly Charts.

RSI is in a downtrend.
***TRADINGEDGE HOURLY TIME-TREND INDICATOR IS BEARISH***

Nearby support is 100DAY EMA and 200DAY EMA on the hourly chart.

KEEP AN EYE!!
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