NIFTY FMCG INDEX :Lies above all its 20DEMA,50DEMA,100DEMA & 200 DEMA Averages.It has formed an Inv Head & shoulders Breakout pattern in the daily chart. Already broke its neckline resistance at 58300 and going by the pattern and the momentum its likely to test 60000-62000 soon.Seems its time to add FMCG stocks into our portfolio(For educational purpose only)
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