@AlliesFin

#Nifty #PE may not fall much.

Earlier, #Britannia replaced #HPCL, now #Nestle will replace Indiabulls.

All #high PE #FMCG stocks are replacing #traditional #business so that #artificially Nifty can hold high without representing the overall #market condition.

Over all new FMCG weightage 13% #AlliesFin

Today is the 9th #trading day after #Budget ..... #alliesfin

Till now Budget #high and Budget #low not taken out.

We had #long range #candle on Budget day.

We haven't crossed the highs of budget 17972

We haven't crossed the lows of budget 17353

Inside #day candle for 9th day in #progress today.