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
MARICO trade ideas
bearish pattern1. head and shoulder of ~7 % depth formed at top of current rally
2. a deeper correction to 477 zone as target
MARICO LTDThe chart is self-explanatory.
neckline break of Head & shoulder
upside potential > 9-10%
TREND ANALYSIS + VOLUME ANALYSIS + ADVANCE CONFIRMATIONS
Disclaimer: This is for educational purposes only. This is not buying or selling recommendations. I am not SEBI registered.
BREAKOUT, MARICO - BULLISH TRIANGLE!!!BUY - MARICO
CMP - Rs. 528
Target - 1: Rs. 605
Target - 2: Rs. 699
Target - 3: Rs. 747
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Technicals - Bullish Triangle Pattern
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This is just a view by an expert analyst, please invest at your own risk.
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MARICOMARICO is currently attempting a breakout from an 18-month consolidation phase. Once it successfully closes outside the range indicated on the chart, we can expect momentum to increase, potentially leading the stock to reach new highs.
#MARICO: falling wedge pattern 1. Falling wedge pattern Breakout
2. Price is trading at support
3. 14 months consolidation
4. Decisive breakout
5. ATH can be seen considering the consolidation and a new ATH can be witnessed
Channel PatternThis scrip is displaying range bound movement & waiting to break the barriers since several weeks now.
Good entry if closing above the resistance level.
Keep in your watchlist.
Marico ready to break year long consolidation?Marico ready to break year long consolidation? After multiple tests at resistance, let us hope it breaks this time
MARICO LOOKS GOODMarico limited looks good by breaking a parallel channel resistance and gives breakout and close above that resistance so we can consider to go long in this stock for the target of 576 and 605 with taking a stop loss of below 537 weekly close which is looking a good support now.
NOTE- Only for Education Purpose.
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MARICO WTFAfter analyzing Marico's stock, there are indications that a potential breakout may occur in the near future
it's important to note that stock market investments come with inherent risks, and accurately predicting breakouts or price movements is challenging. It's advisable to consult with a financial advisor or conduct further research to validate the analysis and make informed investment decisions.
Marico breaking out of wedggeMarico breaking out of wedge..should be interesting once it crosses the current swing high
MARICO Triangle BreakoutMarico has given breakout forming a triangle pattern on 1W timeframe with above average volumes. The trade offers favourable risk reward ratio. Follow proper stop loss and target.
INVESTMENT PICK MARICOMONTHLY consolidation breakout in marico chart i am expecting 20-30% movement from buy and hold with stoploss of 499 and target of 600-650 -DKM SIR
MARICOMARICO
monthly
weekly
daily loking good and trendline breakout
look long or bullish view any time f and trend main
#MaricoStock has given massive BO with volume spike, follow chart for proper support and resistance zone.
Bullish pennant pattern reversal in MARICOMARICO
Key highlights: 💡⚡
📊On 1Week Time Frame Stock Showing Reversal of Bullish pennant Pattern .
📊 It can give movement upto the Reversal target of above 520+.
📊There have chances of breakout of Resistance level too.
📊 After breakout of Resistance level this stock can gives strong upside rally upto above 890+.
Marico Weekly Analysis 24-28 AprilIf the price> 475 then look for good upward target of 478 and 482
SL- 470
If < 471 then very bearish.
Big down target.
NSE:MARICO
MARICO - Look Bullish on DailyNear Strong Support at 470
about to break downward trendline
strong candle on daily
Marico breakdown. Short for 462.Short Marico Mar Fut at CMP for 462. It broke down from the long time support. SL is dynamic.
MARICO Bullish view - Educational purposeBuy Marico (cash) above 474 with SL 471 for target 480.75
Possible double bottom
RR ratio = 1:2.3
Timeframe - 8-10 days maximum
If it comes down to 469 before crossing 474 then buy at 369 with SL 466.50 for same target 481 (Daily Demand zone formed on 17 June 22)
RR ratio = 1:3.7
Timeframe : maximum 10 -12 days
Adjust future levels accordingly if anyone wants to trade in future.
May not be suitable for option buyers as its view of 8-10 days and that may cause premium decay if it consolidates for2-3 days
