FMCG Index took support of 200 EMA and showing bullish signs.
Even if it comes down again towards 200 EMA that will present a fantastic oppurtunity to go long on FMCG Stocks as it will create a double bottom for short term.
I would look to enter the shares mentioned on the charts for Longs till CNX FMCG index does not break the recent lows.
Even if it comes down again towards 200 EMA that will present a fantastic oppurtunity to go long on FMCG Stocks as it will create a double bottom for short term.
I would look to enter the shares mentioned on the charts for Longs till CNX FMCG index does not break the recent lows.
Trade attivo:
All ITC/Dabur/Colpal/Godrej did well since the update.