So currently a palm oil move indicates there should be some momentum. I would be a little wary of this momentum trade on FMCG so we should avoid these stocks. The only FMCG stock which is coming up on our radar is Emami Ltd. which has broken out and is still holding on.
Tech view: Nifty breaches 25,200 crucial resistance, forms long bull candle. How to trade on Friday
The Nifty formed a bullish engulfing candle as the bulls took charge towards the end of the day and lifted the indices to a new