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Marico Breaking out of Rectangle and Horizontal Resistance
MARICO LTD
Long
Marico Breaking out of Rectangle and Horizontal Resistance
By SaleemJunedLala
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Updated
Feb 7, 2017
1
Feb 7, 2017
It has been observed that Marico is trying to break out of rectangle and from a strong horizontal resistance level.
Long Entry: 265.5
Target 1: 264-275
Target 2: 284-285
Stop: Below 261.5
Feb 7, 2017
Trade active
Feb 8, 2017
Trade closed: target reached
Target 1 reached! Can trail stops to cost for 2nd target
SaleemJunedLala
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