Get started

MARICO

Marico Analysis !! Broke Out.📈 Marico 📉 Marico broke out from a resistance zone 515-520 on closing basis after testing three times. On Buy Side I am looking for Targets of 550 followed by 580-590 Zone.
 StopLoss should be kept in 505-510 zone. It offers 1:2 Risk To Reward. All Important Supports and Resistances are drawn in chart. All levels are on closing basis. Please have a look and revert back if you need some more study on it. Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
NSE:MARICOLong
by ShelendrAgrawal
MARICOMarico Limited is a consumer products company operating in the beauty and wellness space. The Company's principal products include edible oils and value added hair oils. Company's brands include Parachute, Nihar, Saffola, Hair & Care and Livon. Current price is more than the intrinsic value Stock has been generating better return on equity than bank FD Stock offers good dividend returns Low probability of default in next 12 months PE Ratio 55.93 Largecap With a market cap of ₹65,555 cr, Stock is 1.51x as volatile as Nifty Over the last 5 years, market share increased from 17.71% to 19.92% MARICO has increased dividends consistently over the last 5 years Note: 1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline, not the big target... 3. Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions... 4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks... Keep an eye ladies and gentlemen. Cheers and Happy Trading
NSE:MARICOLong
by SENSITRADE_T
Marico looks good above 511MARICO looks good above flip level 1.CROSSING 200 MA 2.BOUNCED OF FLIP LEVEL 3.BOS CONFIRMED 4.NOT CLOSING BELOW 509 BUY ABOVE - 511 77Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks. Be sure to follow so that you don't miss any good trades that might have been rewarding. Any comments and critiques will be appreciated even if it's of opposite view as a trader can also be right so many times.
NSE:MARICOLong
by this_is_shoaib
1
Simple Trade Setup | MARICO | 07-02-2022 [INTRADAY]NSE:MARICO Observations: 1) On 1 day time frame, we can see that it came out from the resistance channel and already took support from it. On Friday it made good bullish candle and also closed just above 510 level. Now immediate major resistance is at 520 level. Please refer below chart : 1day Time Frame. ------------------------------------- Trade Setup for 07-02-2022 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or gap down chase. Wait and trade between levels. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
NSE:MARICO
by Trading_hawk
Simple Trade Setup | MARICO | 31-01-2022 [INTRADAY]NSE:MARICO Trade Setup for 31-01-2022 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or gap down chase. Wait and trade between levels. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
NSE:MARICO
by Trading_hawk
1
Simple Trade Setup | MARICO | 25-01-2022 [INTRADAY]NSE:MARICO Observations: 1) On 15 min time frame, we can see that it made regular bullish divegence as price made lower lows and RSI made high lows. Please refer below chart : 15min Time Frame. Also today on 15min time frame, we can see that it made almost flat lows and RSI made higher lows which is also Exaggerated Bullish divergence. Please refer below chart : 15min Time Frame. 2) On 15min time frame, we can plan for a small trade, if RSI breaks the Resistence trendline then it will be quick buy trade along with price breakout of 473 with target of 476.50. But Safe buy on price breakout of 477 only. For short/sell trade, if RSI breaks down the support trendline along with price breakdown below 466.50 level. Please refer below chart : 15 min Time Frame. ------------------------------------- Trade Setup for 25-01-2022 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or gap down chase. Wait and trade between levels. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
NSE:MARICO
by Trading_hawk
W pattern at bottom is a bullish signI am waiting for this script last two months & this week it made a "'W'' BULLISH pattern at the bottom . Importance of W pattern- if W pattern form at top of any script then the probability of going bullish is far less. if W pattern form at bottom of a downtrend then it is going to be crazy upside movement . listen guys this pattern really works well so start find out W pattern in any downtrend script & just Go Go Go W pattern has a very good winning probability as well as win size (it depends on holding & how we react at little pullback) here in this chart we notice a tight range consolidation not a trendy down fall so good up movement is expected always intact with a good and logical stop loss. 😊😊 thanks
NSE:MARICOLong
by mahhisingh