2031: Hot stocks: Breakout buy! This FMCG stock is getting support at lower levels
The Nifty50 index witnessed a breakout to hit a fresh record high of 12,182 on Tuesday. The momentum could take the index towards levels of 12,300-12,400.
On the downside, bulls are protecting the cluster of recent lows placed between 11,800-11,880 levels, which is the lower end of the range. A close below 12,000 will activate the lower end of the range i.e. 11,880.
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Dec 18, 2019