The thing to note is that the stock is having a strong channel that can be seen by the chart up-trend and down-trend follows tightly.
Another thing is to be noted: WHen this stock takes a turn, the big move creates on the single day of secession. So far we have not seen any such thing/big move on a single day o trading.
As per the daily chart, this stock can test 320 nearby. This is the meaning that stock has remained one sharp fall.
Almost all the major resistances and supports are mentioned in the chart. if you look carefully, you will realize that all majors resistance became stronger support.
As per above statement, (c) has already taken as a support 334.2.
Expected investors entry between 228-23[/b]2 range for the 357-361 target on this stock.
Primary trend is up and we want to move the direction of primary trend therefore, buying on this stock is worthful.
Another thing is to be noted: WHen this stock takes a turn, the big move creates on the single day of secession. So far we have not seen any such thing/big move on a single day o trading.
As per the daily chart, this stock can test 320 nearby. This is the meaning that stock has remained one sharp fall.
Almost all the major resistances and supports are mentioned in the chart. if you look carefully, you will realize that all majors resistance became stronger support.
As per above statement, (c) has already taken as a support 334.2.
Expected investors entry between 228-23[/b]2 range for the 357-361 target on this stock.
Primary trend is up and we want to move the direction of primary trend therefore, buying on this stock is worthful.
Trade active:
as expected MARICO started fall downward.