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.
Charts of the week. Stocks discussed here are #MARICO #ULTRACEMCO #MPHASIS #SRF #LTTS #GODREJCP #ACC #SUNPHARMA #TCS Disclaimer : Trading is never ever recommended as it is injurious to mankind. This is purely my study based on technical charts and for educational purpose only. Please do your analysis before taking any trades given by me. I MUST not be held...
This scrip had recently broke the wedge pattern and it had restested it too. Previously this scrip took support at 50 EMA. Swing Traders may consider this scrip short this scrip after analysing it if closes below the 50 EMA. May have your SL above the pattern support and target of 100 EMA
Marico looking good above 545. Education purpose only. NSE:MARICO
you can sell after break of 50EMA (512) to the target of 488 with sl of 526 chance is very low for short trade this week it may consolidate for make fake move Note: This is for educational purpose only. Please do not trade in F&O. It is just a view, pls trade at your own risk
NSE:MARICO is respecting the trendline and forming a bullish ascending triangle. If it were to complete the triangle, it would reverse from resistance or continue to consolidate while respecting the trendline/triangle boundary and breakout as it nears the end of triangle. It is also in a narrow ttm squeeze (cyan dots on SQZPRO indicator) with increasing momentum....
Long Entry if 1hr candle close above 532
The data seems to say something as of now, and looks to have some upside. It can be a long with 496 as stop loss for target of 510 and 518-520 If you get near 500-502 levels, keep 496 as stop loss, else from current levels you can have stop loss of 502. ...
Its my first Share in 'ideas'. This is just for educational purpose only. Correct me if i am wrong somewhere. Here, this is a daily chart of Marico Ltd and it is in a consistent uptrend. A huge breakout can also be seen few weeks back with relatively huge volumes. But as the trend continues, a fade in the strength can be seen in the stock i.e. A Bearish...
Marico looks bullish on dalily chart braking flag pattern.
DATE: 30 MAY 2021 INSTRUMENT: MARICO TREND: BUY TIME FRAME: DAY CMP: 471.05 BUY ABOVE: 478 STOP LOSS: 466 TGT 01: 488 DISCLAIMER: We are not S E B I registered analysts. Please consult your personal financial advisor before investing. We are not responsible for your profits/losses whatsoever.
GOOD BREAKOUT TO GO LONG IN MARICO LTD
Marico 430 - 435 / 438 Good accumulation zone for short term
Stock did a good breakout from 4 months range. Breakout type: Decisive Breakout Volume: Huge Now sustaining the above-the-range, stock can move towards 460 and 480 levels.