Marico is still enjoying its monopoly in the Market. It's a good Buy for both Intraday and Delivery!
Marico is again entering the Sideways Zone. so. for the Intraday, we have got a good entry point! Stay Put! and fo give a like!
Marico just broke the Upper resistance of its 2Months sideways trend! now going for Rs.557. This is a company with great fundamentals and the chart is showing Bullish signals too.
Enter Marico for 2% profits target on Mondau.
Marico is ready for Breakout one can go long with minimum risk, if it breaks 555 with good volume.
simple analysis indicator of usage cci indicator and one forgot im, good luck friends
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We can Trade Marico with good confirmation Long entry (with good confirmation only) : Cmp Tgt : 555 Sl : 523 >> Always Enter With good confirmation & Maintain proper Risk Reward. ******* Knowledge Purpose only ******** >> Visit My Ideas Page for Daily Stock Analysis & check my previous stock analysis how accurate they are for Swing and Intraday Trades.
marico chrat analysis for intraday and swing trading
MARICO can show upside move if it follows the trend. (for educational purpose only)
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...
Same pattern as lupin ... _> can follow fib sequence for entry exit and stop loss
MARICO, after Rounding Top shown breakdown ... Look for shorting opportunity after retracement ...
All Studies mentioned in the chart💰 Buy @60-63 range Strict sl below 55 Reasons for selecting this stock ✔ ✔ ✔ Something cooking in the chart.Can see Ascending triangle in the chart. ✔ Infrastructure developing company,mainly involved in marine infrastructure development. ✔ One of the main cmpany which is involved in marine infrastructure activities. ✔...
Price forming descending triangle pattern and breakout is due on monday.
After being the Chart of the Week, Marico has been continuously showing strength on chart and its strong Today as well. Someone can buy now also or add more for short term trading to long term investments.
Marico has been shortlisted on our weekly scan and has been selected has Chart of the Week among several other stocks. Marico has a beautiful structure on weekly charts for long term investing and last week has a breakout with a large weekly candle and a very high weekly volume clearly visible as several times higher than average weekly volume.