MARICOWhy should we swing trade in MARICO!
1. Fibonacci Retracement @38.2%
2. Continuously ruling in the up trending channel after breakout
3. On 1 hour time frame having 50 EMA support
4. On 15 minutes time frame having 200 & 50 EMA support
We can definitely go long and take almost 6.37% in coming 03-04 days. Hold above levels if momentum is too big.
Buy :: 563
TGT :: 581-- 598 & so on!
SL :: 550
Risk Reward Ratio :: 1 : 3
Happy Trading! :D
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.