Is FMCG a better bet in this volatile market? What technical charts say

Nifty FMCG Index

 

The Nifty FMCG Index is demonstrating a bullish trend in the near term, as indicated by its recent upward movements on the charts. However, the index is approaching significant resistance levels, which are expected to be around 63,100 and 63,900. Given this scenario, it is advisable for near-term traders to consider booking profits as the index approaches…