Marico stock to take long entry & once again new high can be seen in coming days. Long after the BO & resistance cum support zone above the price of 559 with SL as per marked area. FMCG sector moving all time highs. Today seen some correction in the sector . These type of correction is the opportunities in the stock market. stock is moving above the 50 as well as...
Marico can take long entry. Keep in your watch list. Can make new high of the stock.
Marico's price closed with good volumes and RSI above 60. That's a bullish closure. This momentum could continue in the next trading session also. After falling off of the uptrend line. the price got corrected. Here we can see a bullish butterfly pattern on the chart, the demand zone is formed by the 1.414 and 1.618 fib retracements of the pattern. The price...
#marico multiple bullish reverse divergence seen on weekly timeframe and also a flag kind of pattern that could potential move it up is seen. daily seen at a 4 times tested zone and therefore not wise to enter until a green close above it is confirmed.
Buy @527, SL-524, TGT-533 Sell @522, SL-525, TGT-515
marico chrat analysis for intraday and swing trading
Marico is one of the big names in FMCG sector. Last week ended on a very bullish note for FMCG in general with HUL, Nestle, Brittania all being Nifty Top Performers. Marico seems to have confirmed a clean breakout above a falling wedge with good volume. RSI, MACD and SCHT Indicators seem Bullish as well. Stop Loss is kept at the bottom of our last day candle to...
Marico weekly, upper trend line broken and retest completed. Stock will now take the purple trend line as support. #learningcharts
As We Can See Marico is on 200 EMA(Black) on 15Min Time Frame and took support and sustained above it so if it cross 526 then One Can Add it For Target Of 545 On Daily Time Frame We Can See Strong Support is @ 513 Market Always Trade In Sector Rotation now this is time For FMCG Sector Lets See What Happens ....
Buy @523, Sl-520, TGT-526/527 Sell @519, SL-522, TGT-515/514
Marico - showing signs of up move. Another session of buying could push it higher further.
Stock has is moving in a channel pattern and has taken support near the demand zone of the channel pattern. It is also taking support at the 200 moving average for additional confirmation. Good opportunity with good risk reward
Marico is ranging for almost 3 months and is at the bottom of its range. a good buy here for the short term.
keep it on radar if it falls then buy b/w the shown line and not suggest to sell now.... buy only if it falls #marico
ITC the heavy weight and is underperforming and now after taking support n times at 200/205 base zones and now above 208 resistance , it is trying to give signs of upmove greater than equal to 230++ and as results are done , chances are higher that ove shall suatin and stock shall participate in index upmove or atleast support the index going forward
Marico is a longTerm HODL with strong fundamentals.