MARICO

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tRex88 tRex88 TOP MARICO, D, Short ,
MARICO: Marico short setup
115 0 8
MARICO, D Short
Marico short setup

Short Marico below 333 T1: 325 T2: 319 T3: 310 SL: 339

HarshShivlani HarshShivlani MARICO, D, Long ,
MARICO: Marico Flag Breakout
125 4 4
MARICO, D Long
Marico Flag Breakout

The stock has broken out of the pennant formation with great volumes. One can go long for target of the pole's height "d" as given in chart. SL can be at the new trend line support of pennant or the low of previous breakout candle. Still stay cautious as may dip a little due to doji formation or may go up. (doji indicates indecisiveness).

InsiderB InsiderB TOP MARICO, 240, Long ,
MARICO: Marico : Parachute's fly to sky ??!
631 26 18
MARICO, 240 Long
Marico : Parachute's fly to sky ??!

Parachute's are only used for safe landing, well that's what I know of, but why name a Hair oil after Parachute ? Still trying to figure out, though its cool name :) What do we have here, symmetrical triangle, at the first instance you can nail that & what happens in bull trend ? Expect Upside Breakout... That's it. Oh wait ! I have a personal interest & ...

piyushjainitis piyushjainitis MARICO, D, Long ,
MARICO: Marico Continue to go up
23 0 1
MARICO, D Long
Marico Continue to go up

Day chart still not breaking support line continue to go up till 330 before April endNSE:MARICO https://in.tradingview.com/x/JgTrE9X2/

nextgen nextgen PRO MARICO, D, Short ,
MARICO: Marico false channel breakout.
62 1 2
MARICO, D Short
Marico false channel breakout.

Marico has made false breakout and ended within the rising channel forming a shooting star pattern we may see further down side in the stock up the target of 288 in near term.

NeeteshJain NeeteshJain TOP MARICO, D, Long ,
MARICO: MARICO - EVERY DIP IS A BUY  (Trend Continuation)
492 1 9
MARICO, D Long
MARICO - EVERY DIP IS A BUY (Trend Continuation)

It is been observed on the daily chart that the price action is trending up and now it is near to the next resistance levels of 282, once it breaks it then it shall further move up to next resistance levels of 290. It could become a good trade setup once it crosses above 282 levels. Target 1: 286 Target 2: 290 Stoploss: 276

nextgen nextgen PRO MARICO, D, Short ,
MARICO: Marico trading at channel resistance may retrace to 270
51 0 4
MARICO, D Short
Marico trading at channel resistance may retrace to 270

Marico has been trading in uptrend channel it closed at resistance of channel and may retrace from to support around 270 in near term.

maneeshaggarwal maneeshaggarwal MARICO, D, Short ,
MARICO: marico finished bounce
24 0 2
MARICO, D Short
marico finished bounce

for educational purpose marico tried very hard to take a bounce but it hardle touched 61.8% of previous downtrend. Now with sl of 281 go short for target 262. if 262 comes then hold position for breakdown the lower trendline to 254.

techtrail techtrail MARICO, D, Long ,
MARICO: Marico: 200-DMA Crossover !!
74 0 3
MARICO, D Long
Marico: 200-DMA Crossover !!

Price closes above the 200-DMA. Prior to the breakout, there was a nice consolidation which comes across as an accumulation pattern. Will price have enough strength to hit to test recent highs? I don't know and am equally curious !!

dravya dravya MARICO, D,
MARICO: Marico - Power of Lines
30 0 1
MARICO, D
Marico - Power of Lines

Here, in this chart, you can see Marico's current price and the lines and levels that hold importance. Take trades according to them !! Cheers :)

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