TradingView
STtraderr
Feb 13, 2020 2:59 AM

Marico is range bound for sometime Short

MARICO LTDNSE

Description

315 is a decisive level for marico
so its good to short this scrip as it
approaches near 315 with small
SL of around 316-317 for trgt of 303-301
Broader trend is down only
A stay above 315 will blast it upto 335
In case you want to contra trade then
can buy small qty at 303-304
with SL 299.90 for 314.50

Trade closed: stop reached

Bought at 304 and booked loss at 300.90
Comments
smsarkhot
Is it likely to cross 315 by Feb end?
STtraderr
@smsarkhot, Cant say but i am still bearish in it
More