NiftyFMCG at worst Risk/Reward
NiftyFMCG : Dual RS chart w.r.t. Nifty50
🔹Peak Long RS (green) [0.28] -> @ COVID bottom levels. FMCG was strongest @ COVID bottom
🔹Short RS @ intermediate peak, which will give resistance
❌ Worst Risk/Reward
👉 Expect about 8% correction
🔹Peak Long RS (green) [0.28] -> @ COVID bottom levels. FMCG was strongest @ COVID bottom
🔹Short RS @ intermediate peak, which will give resistance
❌ Worst Risk/Reward
👉 Expect about 8% correction
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