Trying for ATH?
Slowly going past all time high. Clear break out can take the price to 3000/-.
Upcoming +ves are companies say rural spends starting to raise slowly. Festive seasons.
Near term -ves are Fed rate cuts and profit booking.
I already invested from 2400 levels. Not taking any trade. Will add if price falls to 2400-2500 again. Only until fundamentals doesn't change.
Keep an eye on Adani Wilmar , Marico. Oil sales go up during festive season. Don't have to take trade in these. Observe the moment/trend then apply it in future.
Upcoming +ves are companies say rural spends starting to raise slowly. Festive seasons.
Near term -ves are Fed rate cuts and profit booking.
I already invested from 2400 levels. Not taking any trade. Will add if price falls to 2400-2500 again. Only until fundamentals doesn't change.
Keep an eye on Adani Wilmar , Marico. Oil sales go up during festive season. Don't have to take trade in these. Observe the moment/trend then apply it in future.
Comment
HINDUNILVR - Touched Lifetime high today. I am at 21% profit. Hoping for 50% profit .
Keep an eye on Nestle India also. FMCG sector stocks are rallying but Nestle India is still at same place.
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