MARICO trade ideas
MARICO All time high in Marico and has a nice cup and handle pattern on weekly and daily charts. Targets unknown but can easily look at 20 tp 25 rupees upside.
Not a SEBI Authorized advisor.Charts are for personal trading purpose.
Marico - Go Long after BOAfter rise, consolidating near top with little downside recently. Can break out, keep in watch.
MARICOA decisive break above 409 , stock might make a move to 412/418
SL : 402
Disclaimer:
The content of the idea and the interpretation of data are solely my personal views which being said I do not warrant its completeness or accuracy.
This idea published is purely intended for educational and informative purposes, I urge traders to make their own trading decisions based on their specific trading objectives and financial position.
MARICO - BULLISH BREAKOUT - SYMMERICAL TRIANGLEA Symmetrical triangle is a clear cut indication of consolidation followed by a breakout. A BIG BREAKOUT...........
Note:
Avoid the stock if a big gap up or gap down is seen
Enter after the breakout happens and not before it
Do not chase the market, i.e., do not get involved in late entries
Only enter with strict stop-loss and target
This is not a recommendation and is for educational purposes only.
always follow risk-reward and quantity management for the 100% of the times
The above mentioned idea may not work, so beware of the risk you are taking
Follow me to Learn and Earn with me.
Happy Trading!!
Marico Long above 403 Marico is now taking support at Daily trendline as well as Hourly Trendline .
Trade Setup :-
Buy @ or above 403,
SL@ 395 (Below the trendlines and swing low)
Targets :- T1: 412, NSE:MARICO
T2: 420,
Note:-
1. Please book your Targets near the points not at exact levels.
2. Stop loss should & must be there. Once the price level cross the T1 you may trail your SL on entry price i.e. 403 to secure your trade.
3. Avoid making Large positions on LEAVERAGES. It is a dual bladed sword; May enhance your profit but can dig you to the great losses too.
Be alert & Happy Trading.
Marico Postional longTargets calcculated as per fibonacci levels.
Stop loss based on weekly close basis
This is not a recomendation. Just of edcuational purpose.
#Marico Weekly ChartBest Position for invest in longtime.
Stoploss: Weekly Closed below 380
Disclaimer: I am not a SEBI registered or authorized analyst. The charts/levels/stocks posted will be only for educational purpose and not a buy/sell recommendation. I will not be responsible for your any losses & profit. No any kind of legal actions will be entertained for the same.
After Breakout Pullback Now completed in Marico*After Breakout Pullback Now completed in Marico and now ready move.
* FMCG index also breakout its all time and trading above last week.
*Technically made big Inverted H & S pattern which target is mentioned in chart.
Thanks for reading kindly let us know if you have any questions.
MARICO LONGHead and shoulder pattern breakout (dont know if its master perfect) with quite good volume can be seen on 1 week timeframe, can be a good pick around 396-402 zone (only if shows that lvl) or can buy around that lvl (+-3). Can go for the target of 457, 475 lvl.
Avoid if it trades below 395 lvl..
marico long trendline breakout Marico gave the previous 2 year Range breakout (390-405) if this week candle susatin above this range it can be good to add to the portfolio for the medium term.
MARICO LTD : INVESTMENT IDEA (BREAKOUT ON MONTHLY CHART)MARICO LTD :
STRONG BREAKOUT ON MONTHLY CHART AND IF SUSTAIN ON MONTHLY CLOSING WOULD BE A STRONG BUY SIGNAL FOR LONG TERM TRADING OPPORTUNITY ( INVESTMNET IDEA). SINCE WEEKLY CHART BREAKOUT IS HAPPENED AND SUSTAINED, SO A BUY MAY BE INITIATED FOR LONG TERM TRADING/INVESTING OPPORTUNITY ON MONTHLY CHARTS.
TRADER MUST FOLLOW RULES OF RISK MANAGEMENT i.e. STOP LOSS AND THUS FIX HIS ENTRY POSITION SIZE ACCORDINGLY IN ANY STOCK/INDEX/SCRIPT, SO THAT HIS/HER RISK CAN BE MANAGED AND MINIMIZED.
Buy MARICOBuy MARICO if it comes again to the level of 412 near demand zone (green zone). It is strong demand zone in 1 hour time frame. Also stock is near to the all time high value.
Marico Short Term/IntradayMarico
Short Term/Intraday
Remain bullish till trading above 412
Cautious/Bearish on below 405
MARICO - Set to Fly?Broke the all time highs.
Facing a couple of resistances from the wedge and Trendline.
Above 415, it's a free bird to fly.
