Marico Buy

Pro_Trader_GRV Updated   
Stock after the retracement can bounce back from this support area . Buy around 515-520 With SL Below 513 on a closing basis.
Targets will be 540 and 555 Great Risk to reward ratio for this trade and the FMCG sector can perform from here after a bit of retracement. Breakout from this level is needed RSI-based strategy.

Candle confirmation today buy if closes in green candle today bullish harami pattern is forming on the daily chart . Support and resistance trading

You can visit my ID for similar charts shared priorly and see results.
Comment: No entry today on red candle wait for a green candle for entry.
Trade active: Enter today if sustains above 522 buy price with SL 517
Trade closed: stop reached: SL triggered today on a closing basis...... Will again enter in stock on the breakout. Still bullish on the stock.
Trade active: Buy today at level 517-518.
SL will be very close to 515 on a closing basis.
Trade closed: target reached: Target 540 reached if you have booked profit enjoy if holding the trade till now then trail your SL now at 533 on closing basis.


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