MARICO
MARICO Trading SetupDisclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Marino channel pattern long indication The channel patter is at support and seeking for going up the upper resistance at 350.
MARICO Trading SetupDisclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Synergistic Pattern: Advance pattern ( Double Flag) + MA 250Levels are mentioned on chart for Swing trading.
Please check the description section for early entry level in given stock to get better Risk to Reward ratio.
Kindly like & share this pattern. Comment with what do you think.
Follow me @ tradingview for more updates!!!
Early entry: 340
SL: 325
Target: 370
RR: 2.0
Thank you. Happy Trading!!!
Best Regards,
Dr. Shamraja Nadar,
PhD in Technology.
Disclaimer
--------------------------------------------------------
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
---------------------------------------------------------
MARICO Trading SetupDisclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Marico - Head and shoulder bottomMarico is showing head and shoulder bottom. A very good signal to buy above the nearest resistance.
Buy above 331 and target 8%.
Stoploss at- 320
I will appreciate if you will let me know your thoughts in comments below
Marico Reverse H&S Pattern Consider long after sustain of 321 for 330/338 with sl of 312
**Educational Purpose only
Marico: Chart set up & trading strategyMarrico
CMP 290
Observation
- 285-268 is crucial zone
- if the zone is held, a possible Head & Shoulder in the making with confirmation of pattern above 315 neckline that may occur in mid-May
Based on the view one may consider
Strategy 1
Safe Buy above 315 for target of 333 / 340 / 345
Strategy 2
Aggressive traders may consider Buying on dips in the zone of 285-268
Stop loss if closes below 258
Take care & safe trading...!!!
Marico Long - Broken Cup and Handle patternMarico has broken cup and handle pattern and formed a Marubozu. MACD line above signal line. Can go long with 2% SL at 311
MARICO - 15minExpecting big upmove from CMP on Breakout from the current range.
Volume declining
On Daily time frame its forming H&S Pattern
Can enter with 15min candle breakupside...
MARICO BREAKOUTMarico broke out of its Triangle pattern. Downside Momentum might pull down the price to 292/285
NSE:MARICO
Marico Short sl 305 Target 293 below 293 more fallMarico Short sl 305 Target 293 below 293 more fall.
dabur india with good fmcg agin making life high , this too is a candidate for the same ..
but !!!
as the rally was one way up , it should retrace back to 480 ..465 for fresh move around 500 and then to 520 oe even new life high
i will remain positionally bullish , but not foolish enough to buy at any price , will wait and watch to buy in zone 468 to 478 for 500 & new life high as lng as 460 hold on closing basis
Marico - SHORT or LONG -> depends on support line action5, Apr 2020 : It all depends upon how the chart reacts with the support line. Once it goes below the support line there is a good opportunity for shorting. If it bounces back then it is a clear indication to go for Long. The MACD indicator can be used along with this idea to confirm the price action.
This is the setup for Monday. I will keep you guys posted on this.
