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MARICO

MARICO - BULLISH BREAKOUT - SYMMERICAL TRIANGLEA Symmetrical triangle is a clear cut indication of consolidation followed by a breakout. A BIG BREAKOUT........... Note: Avoid the stock if a big gap up or gap down is seen Enter after the breakout happens and not before it Do not chase the market, i.e., do not get involved in late entries Only enter with strict stop-loss and target This is not a recommendation and is for educational purposes only. always follow risk-reward and quantity management for the 100% of the times The above mentioned idea may not work, so beware of the risk you are taking Follow me to Learn and Earn with me. Happy Trading!!
NSE:MARICOLong
by FAHEEMSAM
Marico Long above 403 Marico is now taking support at Daily trendline as well as Hourly Trendline . Trade Setup :- Buy @ or above 403, SL@ 395 (Below the trendlines and swing low) Targets :- T1: 412, NSE:MARICO T2: 420, Note:- 1. Please book your Targets near the points not at exact levels. 2. Stop loss should & must be there. Once the price level cross the T1 you may trail your SL on entry price i.e. 403 to secure your trade. 3. Avoid making Large positions on LEAVERAGES. It is a dual bladed sword; May enhance your profit but can dig you to the great losses too. Be alert & Happy Trading.
NSE:MARICOLong
by SatyaYBN
1
MARICO LTD : INVESTMENT IDEA (BREAKOUT ON MONTHLY CHART)MARICO LTD : STRONG BREAKOUT ON MONTHLY CHART AND IF SUSTAIN ON MONTHLY CLOSING WOULD BE A STRONG BUY SIGNAL FOR LONG TERM TRADING OPPORTUNITY ( INVESTMNET IDEA). SINCE WEEKLY CHART BREAKOUT IS HAPPENED AND SUSTAINED, SO A BUY MAY BE INITIATED FOR LONG TERM TRADING/INVESTING OPPORTUNITY ON MONTHLY CHARTS. TRADER MUST FOLLOW RULES OF RISK MANAGEMENT i.e. STOP LOSS AND THUS FIX HIS ENTRY POSITION SIZE ACCORDINGLY IN ANY STOCK/INDEX/SCRIPT, SO THAT HIS/HER RISK CAN BE MANAGED AND MINIMIZED.
NSE:MARICO
by trademachine08
MARICO is Making Ascending Triangle Pattern (Breakout Trade)Marico Limited : ( NSE:MARICO ) is Making Ascending Triangle Pattern (PATTERN BREAKOUT TRADE). This can become a very good trade for iNTRADAY Traders. Target + StopLoss: There is no target here. You keep the first target as much as the StopLoss you put. And the StopLoss will be the Low/High of the candle that BROKE this pattern. Or Low/High swing backward inside the pattern. And as soon as you get a profit of 0.70% of your TARGET , you will trail your StopLoss and bring it to the entry point. And as soon as your first target is hit, you will release half of your total quantity and continue to trail your StopLoss above the last swing Low/High. Target and StopLoss are never already FiXED in the chart pattern. You always have to trade only by M oney Management, P osition Sizing, S topLoss Trailing. This is the way to stay in PROFiT . If you want to get something good like this EVERYDAY then follow me here on TradingView now. Chart Published By Ravinder Sharma Thank U.
NSE:MARICO
by R_Sharma