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MARICO - NEEDS TO TAKE SOME REST!
MARICO LTD
MARICO - NEEDS TO TAKE SOME REST!
By Sunandamedi
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Aug 13, 2019
1
Aug 13, 2019
MARICO HAD REACHED THE TARGET AS GIVEN IN THE PREVIOUS POST.
THERE IS AN INTERESTING OBSERVATION - THE VALUES OF BOTH TENKAN & KIJUN IS SAME FOR THE LAST 7 DAYS. WHAT COULD BE ITS EFFECT?
THE PRICE NEEDS SOME REST TO CATCH WITH THE KIJUN. THIS CAN BE SEEN IN THE SELL OFF TODAY.
MAY BE THE PRICE WILL START COMING DOWN ONCE TODAY'S LOW 390 IS BREACHED.
383 WILL BE THE NEXT TARGET.
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