Swing Trade Idea: Marathon Nextgen
Marathon Nextgen has concluded its correction with an intermediate Wave ABC and is currently attempting a recovery from its Buyer's Zone. Anticipating a price support and subsequent rebound towards new highs, a resistance zone is expected around 460-475. Following a minor correction, the price may target the all-time high with a...
Marathon nextgen has formed a nice rounding bottom and it's at its ATH after 5 long years.
Weekly candle closing just above the Gann box level makes it break this time around.
Keep this in your radar!
MARATHON NSE is bullish if 226 holds. NEW 52WEEK High. Fresh Breakout. Positive Trend.
Disclaimer: Educational Purpose Only. Not Buy Sell Reco. Not Sebi Registered.
POSITIONAL INVESTMENT VIEW ON #MARATHONNEXTGEN
MARATHON NEXTGEN LOOKING GOOD CMP 89 ADD MORE ON DEEP TILL 63
STOP LOSS 35 ON CLBS
TARGET - 120 175 248 330 420 ++
HOLDING PERIOD - 1 OR 2 YEAR MINIMUM
The Marathon Group was formally launched in 1969 by Shri Ramniklal Shah, an educationist with the ideal of serving society in every way. The seed of the group was sown when Zaveribhai Ramji Shah envisioned and planned Mulund, a 550-acre suburb in Mumbai.
On the odyssey to its present position of eminence in the market, Marathon has developed residential...
