MARICO LTDLong
SWING CALL_MARICO_NSEFUT_FEB'22_17.12.2021_MONDAY
SHORT BELOW 490 SL 510 TGT 456/409
* Support @ 495/456/409 & Resistance @
532/577/607
* 20 DMA breaks 100 DMA and 50 DMA
* 20 DMA breaches 200 DMA but support is there
@ 495, once the support will be broken then
the next minor support @ 456 & major support
@ 409
* RSI 14 @ 41.60 (H-84.34 L-23.76) RSI 9 @ 30.93
(H-76.65 L-41.52)
* ADX @ 43.78 indicates strong downtrend,
+DI ready to Cross below -DI
* Support @ 495/456/409 & Resistance @
532/577/607
* 20 DMA breaks 100 DMA and 50 DMA
* 20 DMA breaches 200 DMA but support is there
@ 495, once the support will be broken then
the next minor support @ 456 & major support
@ 409
* RSI 14 @ 41.60 (H-84.34 L-23.76) RSI 9 @ 30.93
(H-76.65 L-41.52)
* ADX @ 43.78 indicates strong downtrend,
+DI ready to Cross below -DI
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