Continuous Downtrend, Consolidation at the bottom + Symmetrical triangle broke and retracement + so if the immediate next 1 hour candle stays above 508 ,Go for long.
Marico Make Entry Level Level mention on chart keep watch Always Use 2% RR
I 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...
Marico has shown a small rebound from it s support and can continue its upward journey. However, this may or may not happen. So we need to wait and watch this situation right now.
There is a trendline breakout in Marico, go long after it gives a close in above 555. It will be a good swing trade as well. Place Stop-loss logically .
Marico - readying for an upmove. Could rally higher if 555 crosses decisively
Tomorrow marico price prediction, its just trend and support base prediction.
Volume suggest Selling climax is done Stock not making any new lows Resting on strong support area If holds 600+ levels possible again View negated below 640 (CLBS)
There is a formation of cup and handle in Marico , go long after strong breakout of the resistance (purple zone) . Place stop-loss logically and targets according to your convenience . It has once retested the resistance but could not break , go long if and only if you see a good domination of buyers. Plus point the swing low has taken support from 200 EMA . ...
Hello guys i had find this trading setup with is on good support of trendline and also broken horizontal trendline we have a very low risk trade with below sl and target above 1:4 its really good RR ratio also plzz do your own analysis before taking any trading decision if you like my analysis plzz like share and follow thank you god bless you
Marico is about to break it's all time high. It seems good to buy at these levels with stop loss of 558 for the immediate target if 620 and in some more time for 680 (with trailing stoploss of 620). In one hour time also it formed a rounding bottom pattern which also indicate for long. RSI just crossed above 60 last day and showing strength.
BUY CMP SL-549.50 TGT- 596.50 TAKE MIN RISK REWARD 1:2 Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
marico chrat analysis for intraday and swing trading
Defensive stocks like marico gives much more comfort with all time high indices...
*Always Enter With good confirmation & Maintain proper Risk Reward. **********I am not a SEBI registered adviser. All the information provided by me is for educational/informational purposes only. ********** >> Visit My Ideas Page for Daily Stock Analysis & check my previous stock analysis how accurate they are for Swing and Intraday Trades<<
Trend : UP Strategy : play the levels... Levels marked... Like... Share... Follow...