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DataScientist-Nitian-learner
May 24, 2020 3:51 AM

Marico - Head and shoulder bottom Long

NSE:MARICO240
MARICO LTDNSE

Description

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Marico is showing head and shoulder bottom. A very good signal to buy above the nearest resistance.

Buy above 331 and target 8%.

Stoploss at- 320

I will appreciate if you will let me know your thoughts in comments below

Trade closed: target reached

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Reached 356.4 level (8% upside after breaking 330 rs level)
Chart PatternsMARICOnsenseindiaLONGswingtrade
Comments
LMSharma
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Yes, fully agree with you...its a clear inverted head and shoulder pattern..........
DataScientist-Nitian-learner
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@LMSharma, Thanks! Humbled by your response
VENKATSAMY
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GREAT
ragujan18
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Thats perfect bro. I just analysed as inverted head and shoulder and to double confirm i came to trading view to verify whether someone has drawn in the same way i did. I found you.. good one
Wolf_Of_Alt_Street
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Sir, can u plz give an update of this? Will we soon see an upside move or is it gonna fall? :/
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