SaiKiran578

Marico is going UP

Long
NSE:MARICO   MARICO LTD
It broke one month trendline and retraced it. So I'm bullish on this stock.


Targets - 389.45, 399.35

SL - 374.25
Trade active: Bought 380 CE at 11 rs. To make profit, it needs to go above 391, before Dec.
Comment: That's a nice breakout. 380 CE is trading at 18 rs now. Holding it, mostly till the target gets reached.
Comment: Closed 380 CE at 20, 70% profit booked on capital.. Cheers :), But still bullish on this.. It can easily touch 400 rs, in the next 1 r 2 trading sessions.
Comment: Touched 400 on the very next day...!!
Trade closed: target reached