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rishikeshpandey131003

FMCG Movement

Short
Nifty FMCG Index (NSE:CNXFMCG)  
rishikeshpandey131003  
NSE:CNXFMCG   Nifty FMCG Index
Chart Patterns Technical Indicators Trend Analysis NIFTY FMCG short investing
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chartpattern indicator trendanalysis nifty fmcg short investing
I love how FMCG has been moving for a long time (2015!). Every time it makes a new high, it reverts and tests precisely the last All time high that acts as a strong support every time.
Can use this idea to short and go long on FMCG stocks accordingly.
Current status for long term is short
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