The Banking-FMCG-Realty Trifecta Turbocharges Market Growth.

2024年9月22日

Nifty Bank

• The Bank Nifty is on a strong upward trend, consistently making higher highs and lows.
  
• It has recently broken through its previous all-time high while moving within an ascending parallel channel, indicating potential for further gains.

Nifty FMCG

• The FMCG sector is a major player in the market, and with a recent breakout, the index has reached its all-time high.
  
• The price action indicates bullish momentum, suggesting it could continue to rise.

Nifty Realty

• While the overall trend is positive, the realty sector has struggled to make a significant impact in recent months.
  
• However, a bullish Pole & Flag pattern has appeared on the chart, signalled a possible continuation of the upward trend.
  
• A recent breakout shows the index is active again.