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Thread 🧵on Best Textile Sector Stocks in India ...
Why Invest in Textile ❓
Charts of Best Stocks for Trading / Investing (Based on Set Criteria)
Charts & TA Courtesy : @YTA_School
(Must Read for Traders & Investors)
@Anshi_________ @AmitabhJha3 (Views Invited) 🙏🙏🙏
Why Invest in Textile ❓
Charts of Best Stocks for Trading / Investing (Based on Set Criteria)
Charts & TA Courtesy : @YTA_School
(Must Read for Traders & Investors)
@Anshi_________ @AmitabhJha3 (Views Invited) 🙏🙏🙏
Covid-19 has altered global textile & apparel (T&A) supply chain with several brands preferring more than one sourcing destination.
Further, US-China trade war & imposition of additional duties on Chinese T&A imports have forced US-based importers to search for alternatives.
Further, US-China trade war & imposition of additional duties on Chinese T&A imports have forced US-based importers to search for alternatives.
In December, US signed a law that bans imports from China's Xinjiang region over concerns about forced labour. As Xinjiang constitutes ~ 20 per cent of global cotton market, supply re-adjustment on account of this ban has led to more demand for Indian cotton and cotton yarn.
