Marico Short sl 305 Target 293 below 293 more fallMarico Short sl 305 Target 293 below 293 more fall.
MARICO trade ideas
Marico#New Chart>>>
#MARICO trading in #DowntrendChannel pattern and now stock has given breakout we can see upside towards 306/309 levels soon with the help of 296/95 support level.
Marico Sell#MARICO trading below support level now stock can move towards 288/285 levels with the help of 301 resistance level on chart.
#Technicalanalysis
MARICO Technical AnalysisThe stock is in a nice uptrend. If it breaks the trend line we can see a nice move towards the next resistance which is at 310. What do you think of the setup? Do comment and share your analysis.
marico making triangle pattern NSE:MARICO creating triangle pattern and near 50 ma in daily time frame so can be a change it will bounce , it can give good move both ways
Marico - SHORT or LONG -> depends on support line action5, Apr 2020 : It all depends upon how the chart reacts with the support line. Once it goes below the support line there is a good opportunity for shorting. If it bounces back then it is a clear indication to go for Long. The MACD indicator can be used along with this idea to confirm the price action.
This is the setup for Monday. I will keep you guys posted on this.
Marico Trend - Positive- Positive direction from fib retracement point, long term support levels & Squeeze momentum indicator. I am beginner, so take this as per own risk
Marico - Weekly Chart - Price Movement for Cup formationMarico Weekly Chart:
Tracking Price Movement for Cup formation.
If the price follows the estimated cup shape price movement
then good returns can be expected.
Marico: Monthly Log Scale: Trading At Critical pointMarico: Monthly log scale
Trading at critical price zone (observe the red dotted price band)
Small addition in SIP strictly between this band.
Below this band Price might see big fall.
Invest with caution strick SL as per Risk Management to be followed
