Is FMCG is topping Out!
FMCG is considered as a defend sector in any pandemic situation and it proved in covid situation. FMCG hold firm in COVID. and the sentiment is too bullish among retailers but the index is not showing any strength and even after covid recovery FMCG is still under performing.
Technically we can see RSI divergence in FMCG index and also on some weightage stock like HUL, Dabur, Nestle. Especially Dabur and HUL is forming a ending diagonal patter with divergence in RSI on weakly chart. we should be more cautious on these stocks.
As an investor we should have an eye on these stocks some good opportunity is on the way.
Technically we can see RSI divergence in FMCG index and also on some weightage stock like HUL, Dabur, Nestle. Especially Dabur and HUL is forming a ending diagonal patter with divergence in RSI on weakly chart. we should be more cautious on these stocks.
As an investor we should have an eye on these stocks some good opportunity is on the way.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。