PROCTER & GAMBLE HEALTH L
Long
Updated

PGHL - Potential long bet - Aligned with sector move

In recent days we have seen FMCG sector moving positive vs Nifty relatively and one of the stock which i see has potential is PGHL with an excellent risk reward . The entry would be breakout of current consolidation zone with up movement to almost 25% . As a confirmation I do see divergence forming in RSI ... Keep a watch on this stock.
Note
It is still in consolidation phase and have not given break out... I would still keep it in my watch list

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