MARICO trade ideas
Intraday Setup: Looking good between 379-381. For 390/400+ with Intraday Setup: Looking good between 379-381. For 390/400+ with SL of 375. Price showing good momentum so far. It has already confirmed it self so we can take trade but after waiting for first 45 mins.
Note: I am not a SEBI register and view is only for educational purpose as well as personal, always consult your financial advisor before investing or trading.
Triangle in Wave 4 ( Smaller degree) On Minute and Sub Minute scale degree i can see Triangle which does not look like Text Book Example
This one is Going up side for one more move , One can look for trading Opportunity on 15 Minute Time frame and book at or near the Forecast Target
Good luck
Completely bullish?Inverted head and shoulder pattern?
Cup and holder pattern? History repeating?
Exponential moving average (5 day, 20 day) forming a buy signal.
Important resistance level of 362 broken with good volumes.
Can move up until 380.
Marico : Intraday Either side break with good volume would give a good move.
Go long above 373 with SL at 370
Go short below 370 with SL of 373
We can set targets with a RRR of 1:1, 1:2
MARICO_20_10_2020MARICO
BUY ABOVE 370
STOPLOSS 360
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MARICO Bearish channel in 15&30TFIm not an expert im just sharing my views on MARICO for tomorrow
Im not responsible for any profit or loss this is not a recommendation
