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
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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 📉 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...
Intraday Pick for Tomorrow - 05-01-2022 Stock Name : MARICO Time frame : 15 minutes Wait for proper breakout and retest for entry. For more trading content follow us on ( @tradechefofficial )
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 . ...
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Marico stock at the verge of BO level. Can take long entry above the price of 540 with SL 529 for the target price of 565. Wait for the stock price to restest at the support area . This would be sniper entry with good risk to reward trade. This is for your educational purpose only.
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 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...