BUY for UPSIDE Target 1-389, Target 2 -400 and in DOWNSIDE Averaging Price 362 & STOP LOSS 350
Marico would most likely make a move down first towards the most recent lows and then it could proceed to make a higher high. There is no sell setup yet, so caution advised if selling. If there is a sell setup that forms over the next few hours, then maybe sell could be looked at. The bias is to the upside so I would wait for the down move to buy and look to exit...
MARICO CLEAR DOWNTREND TARGET 320
STBT IN MARICO NOVEMBER FUT SHORT@320 STOP@328 TARGET@310 LOT:2600 QTY:1
Enter Above 306 in MARICO T - 316, 326 & 335 Sl- 289 *Recommenced for Positional trade
MARICO is a BUY for Delivery trading at 314 with Target of 329 and Stop-loss on closing basis below 307.
MARICO has been moving in a rising wedge since 2017. testing the upper edge currently. Awaiting a breakout/ reversal on account of results today
Based on my PredictiveSystem's signals, today (18-Apr) its going to be a RED candle for NSE:MARICO Sell below: 319.1 Target-1: 316.8 Target-2: 315.3 Target-3: 313.8 Stop loss: 321.7 Note: These calls are based on my own analysis. It may or may not work well for you. So please carefully consider whether it is suitable for you and please do your own research...
MARICO traded in HIGH volumes on NSE today which broke above Ichimoku cloud. Buy MARICO at 312.80 with SL of 310. and Target of 322.5