New Delhi, April 10 -- Anand Rathi has recommended two high-conviction FMCG stocks-Hindustan Unilever (HUL) and ITC-as part of its short-term strategy aimed at positional traders. The brokerage believes these large-cap names offer up to 11 percent upside in the next one to three months, backed by a strong blend of technical indicators and long-term fundamental support.
The firm's strategy combines a "techno-funda" approach, highlighting stocks that show favourable technical setups but are also backed by robust business models. Anand Rathi typically shares two such ideas per month, each with a holding period of 30 to 90 days. The approach suits investors looking for tactical entries in relatively stable sectors like FMCG, which continue t...
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