Marico Breaking out of Rectangle and Horizontal Resistance

Updated
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
Trade active
Trade closed: target reached
Target 1 reached! Can trail stops to cost for 2nd target

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