Diwali watchlist: 2 retail stocks showing bullish breakout signals
After 7 consecutive sessions of decline, the Indian equity market has staged a strong rebound. With Diwali and the festive season approaching, market sentiment is turning positive. Retail focused stocks such as Aditya Birla Fashion & Retail and FSN E Commerce Ventures (Nykaa) are showing promising technical setups & appear well positioned for further upside.
After 7 consecutive sessions of decline, the Indian equity market has staged a strong rebound. With Diwali and the festive season approaching, market sentiment is turning positive. Retail focused stocks such as Aditya Birla Fashion & Retail and FSN E Commerce Ventures (Nykaa) are showing promising technical setups & appear well positioned for further upside.
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