For months we’ve been focusing our long efforts on stocks in sectors like Fast Moving Consumer Goods that have been showing relative strength. Today we’re revisiting the Consumer Goods sector as it makes new all-time highs on an absolute basis and nearly 1-year highs relative to the Nifty 500 to see what names we want to be involved in to capitalize on this theme.
Click on chart to enlarge view.
Here is a look at the Nifty Fast Moving Consumer Goods Index on an absolute basis, showing prices marching toward our price target of 30,710 after two months of consolidation.
Here is a list of Consumer Goods stocks we want to be buying. You’ll notice that many of them have been discussed in our posts before, but are listed here because they continue to show relative strength and well-defined reward/risk opportunities.Lost Password?