2nd Investment pick for 1Jan. Holding period 3 months.. Breakout will give nice rally
KOF NYSE:KO /PEP NYSE:PEP ratio reverting to mean with hammer...also there is +ve divergence in z score and rsi..
Nifty is consolidating in a 500 points rectangle. Currently NIFTY pe is at 26.2 which is pretty expensive if earnings dont catch up in the ongoing result season. On upside break above 10175 and a good earning season will take nifty to 10700. On the other hand a bad earning season will take nifty to 9100 range (previous breakout level) where PE ratio of Nifty...