Marico: Heading towards Resistance

This is a potential buy setup in this uptrend with SL 338.75 and targets 379 or higher towards 400 resistance zone .

Hit like comment
Comment: One of my old educational posts :)

Comment: Caution !!! Results today.
Comment: 360 has been a resistance. So assuming that up trend is still intact, there could be two possible setups. Buy if price holds at A with small stop loss. OR let the stock break 360, pullback at B and then buy with a stop below the swing low.

If stock does not hold at A, then there is no buy.

Comment: Scenario B is working

Comment: 370 has become a hurdle. But higher lows are still intact. Not a bad weekly close as well.

Comment: Trend is getting weaker.. stop to breakeven.
Trade closed manually: at 376.5


Might fall tomorrow after earnings release, reversing the uptrend
Bravetotrade InfamousSlayer
@InfamousSlayer, Ohkay..then it might be volatile intraday. Need to be cautious.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out