Marico has closed near to trend line and forming Symetrical Triangle .Its CMP IS 287 and have strong resistance at 292.85 and support at 284.30.Theare is a demand zone at 284.30 upto 283. 40 and supply zone at 292.85 upto 294.10.Hence, It seems to be a good for short when CMP is below 283 for target near to 275 and long when CMP is above 294.5 for target near to 298.


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