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Market Observations

NIFTY 50 Stocks that are trading above 13 MA on Monthly Chart

NESTLEIND
DRREDDY
BRITANNIA

HINDUNILVR
ASIANPAINT
RELIANCE

CIPLA
BHARTIARTL
SUNPHARMA

9/50 stocks are trading above 13 MA.

It is a decent number.

#Nifty50
If you see these are the Sectors

FMCG
Telecom
Pharma
Energy
Consumption

I am allocating a Fund and giving an Equal Weightage to all of these sectors.

#nifty50
Let us call this 'Vision 2021 Fund'

Each sector gets 20% of Funds

FMCG has 3 companies
Pharma has 3
Consumption has 1
Telecom has 1
Energy has 1

5 Sectors, 9 Stocks, and 1 Fund

That is 'Vision 2021 Fund'

You already know 'The Logic' behind entering these stocks

#nifty50
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