FMCG's leadership and out-performance is not a good news for NIFTY itself, for NIFTY usually gets mired into Correctives during such phases.
One instance that stands out is the 2010-2013 period.
The inverse relationship can otherwise be deciphered easily.

More from Piyush Chaudhry

When everyone got tired, Lever woke up!
New All Time High.
#HINDUNILVR


EW


as per relative strength
#repost
#NIFTY
15 Months to this post. No change in the larger projections.

You May Also Like