Can MARICO take you to Puerto Rico?Marico as a company needs no introduction.
Simple Chart - Range Breakout - Easy returns
Investing isn't that difficult if you keep it simple.
MARICO trade ideas
Tringle type Breakout Possible Hi Guys ,
After Long consolidation , waiting for Tringle breakout .
Level marked . Check study and invest .
MARICO - Weekly AnalysisIn the Weekly Chart of MARICO ,
we can see that, last 3 weeks has been bullish.
Next week can be a halt or retest candle.
Expected momentum is shown in chart.
Double Top pattern in MARICOMARICO LTD
Key highlights: 💡
✅ On 1 Day Time Frame Stock Showing Reversal of Double Top Pattern.
✅ It can give movement upto the Reversal final target of below 545-.
✅ There have chances of breakdown of Support level too.
✅ After breakdown of Support level this stock can gives strong downside rally upto below 505-.
MARICO LongMarico is showing strength over a long period and was consolidation range. Currently price is increasing on weekly basis and may attempt ATH again. Breakout could lead to new higher price levels.
Marico Breakout from ascending Triangle @555Marico Breakout from ascending Triangle @_555
On the daily charts , it has retested the breakout point at 555 and started moving up , suggesting rise .
On the weekly charts it is trading near the upper trend line of horizontal channel.
MARICO seems to have formed double top tgt 538 - 520-506Marico seems to have formed double top
1. Negative diversion on RSI and MACD on daily chart
2. Double TOP
3. can be Shorted for TGT of 538-520- 506
View Negated if closes above 585
I am not an expert, I just share interesting charts here Please seek expert opinion before investing and trading because investment in share market is subject to market risks
marico 1w channel breakout buy@ 562 target 590, 598, 603 marico 1w channel breakout buy@ 562 target 590, 598, 603
risk reward 1.3
sl@531
MARICO Intraday for 30-July-2023Short the Position in Intraday take Risk win the Risk enjoy the Risk SL will be 570 small SL big move
MARICO#MARICO's breakout from the stage is a good opportunity to go long with a stop-loss mentioned on the chart.
MARICO PERFECT BREAKOUTMARICO PERFECT BREAKOUT APPEAR ON MONTHLY TF
NOTE : This will not buy or sell signal for you kindly consult with your financial advisor before jump into any trade.
Channel BO📌 Breakout on Weekly TF
#MARICO
- BO from a Channel
- Validated with Volume
- Above Key EMAs
- Bullish RSI
MARICO | Breakout | Head and ShouldersAfter consolidating for 1.5 yrs, trendline breakout of last 1 year high and breakout of inverse head and shoulder pattern on weekly timeframe happened today.
Entry at today's closing price = 574.35
SL, Target mentioned in chart.
MARICONote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
3. Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
Keep an eye ladies and gentlemen. Cheers and Happy Trading
MARICO LTD.,Marico looks attractive at CMP 538.
Tgt 1: 550
Tgt 2: 580
SL: 528 (Closing Basis)
Basis some minute observations, chart analysis is made, target and SL is given to understand the core of the subject for learning purpose only.
MARICO - Weekly AnalysisIn the Weekly Chart of MARICO ,
we can see that, it has multiple rejections at 440-450 levels.
Inside Candle is formed.
Expected Momentum is shown in Chart.
Marico is near breakout✅Marico is about to break the 1H trendline
✅Good volume
✅Consolidation near the breakout point
marico - short head and shoulder pattern at resisatnce level
price reversing from resistance level
MACD 12-26 is bearish
target -520
SWING TRADE - MARICO The following trading idea shared is for informational purposes only and should not be considered as financial advice or a recommendation to buy, sell, or hold any particular stock.
This is just a backtest for the indicator I started using.
head and shoulders in MaricoMarch is at resistance and has been rejected. it has formed a head and shoulders in the Daily TF.
All the analysis and levels are only for educational purpose
bearish pattern1. head and shoulder of ~7 % depth formed at top of current rally
2. a deeper correction to 477 zone as target
