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.
Centre to impose stock limits on tur and urad dal till October 31
The move has come after the price of tur and urad saw a sharp jump in prices this week. The prices of the two commodities