My view on MARICO : Working in categories of hair care, skin care, edible oils, immunity boosting and healthy foods, male grooming, and fabric care with a turnover of more than Billion $. From the stock movement perspective : On Daily time frame: Close crossed Weekly and Monthly Pivots Upside. Close is trading above Daily, Weekly, and Monthly 20 SMA Also...
Will be a great level to buy near 635 View negates below 620 Expecting 700 Waiting to break the trend & make HH-HL
Finally the FMCG counter ready to go above its 2021 highs. A new all time high will open the blue sky zone for the stock. Strong fundamentals, well known brands are the key growth leaders for the company.
Overview & Observation: 1. 70% Fib support zone. 2. Good volume support 3. Breakout & Retest done. Trade Plan: 1. Eyeing 20% upside with 10% SL 2. RRR is okay, not great! - Stay tuned for further insights, updates and trade safely! - If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading! Disclaimer: This is NOT a...
Marico Swing Trade Box Breakout in Daily Time Frame Note - Only for education purpose
Long Marico after the BO of TL above Rs 545. Stock trading near the 200 EMA level. this is the area of entry. In case stock rejects the area wait to cross the 200 EMA level. A very high probability that stock will bounce back. Good risk to reward trade. This is for your educational purpose only.
Nifty FMCG can be sector of the week clean fresh breakout - Tata consumer / Godrej Consumer / Marico / Dabur / ITC / HUL looks good use the dips
Near Strong Support at 470 about to break downward trendline strong candle on daily
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 )