Good time to accumulate FMCG Stocks

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FMCG Sector forming an inverse head-and-shoulder pattern, might be a good time to accumulate the following stocks
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  • COLPAL: snapshot Respects its 200 (Week) EMA, though we can wait for it to get above 200 (Day) EMA.
  • DABUR: snapshot Just regained its support and it is above 200 (Day) EMA interesting to see if respects it or not.
  • HINDUNILVR: Almost the similar case as DABUR here.
  • NESTLEIND: snapshot Nestle too respects its 200 (Week) EMA and can be seen making a breakout pattern on Daily chart while getting a couple bounce-backs from its 200 (Day) EMA

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