Marico broke out of bullish triangle & comfortably trading above it. Could be bought with mentioned sloss & tgts.
NSE:MARICO Please note that we are not a SEBI Registered Investor Adviser/PMS/ Broking House. All the contents over here are for educational purposes only and are not investment advice or recommendations offered to any person(s) with respect to the purchase or sale of the stocks / futures and options. You are also requested to apply your prudence and...
Good Volume seen in marico its taking support on 200 EMA Took support at 487 now taking Support at 500 BUY at 500 SL 487 - 485 TGT 544 - 571 - 590 please do correlate by yourself also on charts. This is for educational and paper trading purpose only. Please consult your financial advisor before investing.
The stock has already tested the 200MA on the weekly chart and based on the trendline analysis it is looking bullish.
Hi, You can enter a trade at current price 515 or else wait for support which is around 507. Target should be placed around 549. If you think my analysis is helpful than please do like my idea. For future reference do follow me so that you do not miss any of my analyses. You can also check my Punjab National Bank trade where I made 10% in 1 month. Link is...
NSE:MARICO Please note that we are not a SEBI Registered Investor Adviser/PMS/ Broking House. All the contents over here are for educational purposes only and are not investment advice or recommendations offered to any person(s) with respect to the purchase or sale of the stocks / futures and options. You are also requested to apply your prudence and consult...
1. at daily time frame demand zone 2. 30min time frame tirangle breaking out 3. its in up trend
marico bullish, breakout expected. strong fundamentals. for education purpose only
The stock has reached lower trendline and may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby. Risk Reward Ratio - 3:1 SL is placed below support zone & the lower trendline. The target is placed near swing high.
Go long with 0.5 % risk and Can book profit at reward of 2.36. NOTE: You should not engage in trading unless you fully understand the nature of the transactions you are entering into and the extent of your exposure to loss. If you do not fully understand these risks you must seek independent advice from your financial advisor. All trading strategies are...
Given breakout with good candle above the resistance area and then restest the level with small red candles . Now it has made another new high. We can see more upside move in this. And also the fmcg sector also in uptrend.
MARICO LTD made another new ATH on Friday Very strong uptrend Should see a follow through to new highs now
The stock has broken out with good volumes and retested, so it may undergo a rally. Trade is supported by brokerage calls and Supports Nearby. Risk Reward Ratio - 3:1 SL is placed below support zone & the previously upper trendline. The target is placed based on fundamentals.
Marico is in very healthy trend and giving very clean move.
Just take a long a swoop some money the risk to be taken is 75% of you Trade risk and most probably you will enjoy the benefits of it also.
Risk reward ratio: Tp1 2.31, Tp2 3.76 Long for 7 to 14 days for tp 1 and 2 Rsi + Macd crossing abow zero line.