educational only. heavy chance to break down till level mentioned due to current scenario of market
share name : MARICO call type : poistional - share is forming a pennant pattern with morning star pattern - a good consolidation can be seen around 1 yr - we can accumulate this share at level 500-480 with sl of 470 - approachable targets 550, 660, 660 Thanks
Marico Ltd (MRCO) break out Marico today crossed 50EMA. With strong volume breakout. Buy above 523. Time to go long in Marico. Next target 530,543,556, . thank you
marico could be a good swing trade with decent RR of 1:2 ++. Given on the chart are the levels of entry and stop loss. Plan your trades accordingly.
Marico fell today by 4% on decreased volume growth news in the last quarter. If it approaches marked levels then will be a good opportunity to add to the portfolio.
Hello Friends, Here is MARICO LTD TRADE SET UP as per ELLIOT WAVE theory, Marico ltd chart just finished wave 5th and now Ready to move up we can enter near 490 to 505 with stop loss of 450 closing basis for the TARGET of 600. Thank you, Happy Trading.
📈 Marico 📉 Marico broke out from a resistance zone 515-520 on closing basis after testing three times. On Buy Side I am looking for Targets of 550 followed by 580-590 Zone. StopLoss should be kept in 505-510 zone. It offers 1:2 Risk To Reward. All Important Supports and Resistances are drawn in chart. All levels are on closing basis. Please have a look and...
gainprofit066 High : 18/10/2021 : 607.70 Low : 25/03/2020 : 245.50 75% : 517.15 50% : 426.60 25% : 336.05
MARICO looks good above flip level 1.CROSSING 200 MA 2.BOUNCED OF FLIP LEVEL 3.BOS CONFIRMED 4.NOT CLOSING BELOW 509 BUY ABOVE - 511 77Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks. Be sure to follow so that you don't miss any good trades that might have been rewarding. Any comments and...
NSE:MARICO Trade Setup for 31-01-2022 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or...
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 .
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 . ...
*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<<
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...
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.