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