MARICO trade ideas
Marico at the BO levelkeep an eye on Marico stock. This can be buy @ 418 current level as predicted Pre BO. Lets watch and see.
MARICOMARICO: Looking Good
Triangle Breakout
Buy Above 420 Add Until 400 Stop-Loss 390
Target 440-460-480-500+++
Positional Call
Fresh long can be initiated in Marico#Marico chart setup looking good for fresh up move. Its above dynamic support and taking support at 50 MA.
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Marico | Resistance Breakout & Retest The same level 🎯⭕ Positional Trading opportunity ! Weekly Chart Alert !!! ⭕
--Buy above =402.10 or CMP
--Target = 499.30
--Stop-loss = 379
--Lot Size = 2000
--R:R = 4.3
--Expected Profit = 1,94,000₹ per lot (24 % )
--Expected Holding = 2-3 months only
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⭕ Technical Reasons to trade or Strategy applied :- ⭕
1) Stock broke the strong resistance
2) retracement is also done
3) Target is based on fib. trend
4) volume is also more than enough in breakout
5) No chance of fake Breakout .as it a weekly chart
6) rejection at support level i.e high wicks ..bullish candlestick pattern after retracement
Guys check out the related ideas as well, it will work really well GUARANTEED !
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Marico short term analysis ! As per chart pattern analysis, buy above 420.
Feel Free To Ask For Any Technical/Fundamental Query
Comment Down Below
Educational Purpose Only.
MARICO TGT 430-450?BUY #MARICO @ 410-415
STOP @ 405
TGT @ 423/432/450
IDEA: BUY FEB SERIES 400-420 CE
MARICO- Long. All time high breakout 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 upward breakout?Pitchfork captures the trend beautifully.
If price breaks out of the range, we'll see a very strong move upwards
Marico multi year breakoutMarico gave multi year breakout mid term term targets are Targets 421, 440, 458 Long term targets 484,520 and 700
