This is very uncertain period as geopolitical tension are being high day by day.
So what come in the mind about the stock which can perform better.
I think in this period we need to focus on FMCG Stock, This is the only sector which will perform better.
And the second will be the stocks from defense specially from Navi or belongs to seaports.
Call side IV is too Low and Put side IV is 150% almost which show that Call is in too discounted price, Somewhere Market biased are not with Call Side.
Nifty FMCG index showing indecisive Monthly candle which shows that after 59250 Nifty FMCG can show very good strength in Upward direction move.
ITC chart pattern shows good strength.
And OI analysis shows a short covering in the stock which clearly show good momentum as well as Volume come into the stock in very upcoming week .
In 2 to 3 Month, we can see this stock at 520/- level very easily.
Thanks for your patience for active reading of my Analysis.
M.K
