TRADERSANATH

NIFTY FMCG channel breakout and retest

Long
NSE:CNXFMCG   Nifty FMCG Index
FMCG has broken out of the channel and retested the previous resistance. MACD and Stochastic RSI are signaling buy. Since it is a festive season FMCG sales will rise. HINDUNILVR ITC and NESTLEIND charts look good, have them in your watchlist.
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