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...
Marico is ready for Breakout one can go long with minimum risk, if it breaks 555 with good volume.
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.
Same pattern as lupin ... _> can follow fib sequence for entry exit and stop loss
Strong breakout in Marico weekly chart. Entry on retest would be a better RR setup.
Buy At Cmp 424 Strict SL - 378 (WCB) Target - 550/600++++
Marico expected to move higher... Entry, target, and stop-loss are given in the chart.
If can sustain above 400 level, can reach next resistance level 418
Marico in Buying zones ? . . . DM for Enquiries
As per chart pattern analysis, buy above 420. Feel Free To Ask For Any Technical/Fundamental Query Comment Down Below Educational Purpose Only.
MARICO- Long The price had made an All-time high and then retested it and now been forming a slanting trendline and once it breaks then can give good upmove. One can add with SL 390 on WCB. There is no resistance so it can be a very wild ride.
Marico gave multi year breakout mid term term targets are Targets 421, 440, 458 Long term targets 484,520 and 700
Buy only above 360 Stoploss @ 352