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amitchauhanihm

PGHL - Potential long bet - Aligned with sector move

Long
PROCTER & GAMBLE HEALTH L (NSE:PGHL)  
amitchauhanihm Updated   
NSE:PGHL   PROCTER & GAMBLE HEALTH L
Trend Analysis Chart Patterns
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trendanalysis chartpattern
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.
Comment:
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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