SaleemJunedLala

Marico Breaking out of Rectangle and Horizontal Resistance

Long
NSE:MARICO   MARICO LTD
1
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