At critical pointIf marico is able to close above 521 with higher high and higher low , it can be long with suitable SL.
*Not a trading or investment idea... Just a guess 😉.
Discuss with your financial adviser.
MARICO trade ideas
Marico Swing trade neutral wait and watch for breakouteducational only.
heavy chance to break down
till level mentioned due to current scenario of market
Bullish flag pattern breakout in MARICOMARICO
Key highlights: 💡⚡
📊On 1D Time Frame Stock Showing Breakout of Bullish flag Pattern .
📊 Strong Bullish Candlestick Form on this timeframe.
📊It can give movement up to the Breakout target of above 610+.
📊Can Go Long in this stock by placing a stop loss below 515-.
📊 breakout this can give risk:reward upto 1:5+
MARICO about to breakout consolidation?Marico Limited is a consumer products company operating in the beauty and wellness space. The Company's principal products include edible oils and value added hair oils. Company's brands include Parachute, Nihar, Saffola, Hair & Care and Livon.
Stock has been trading about the 100 EMA for last 2.5 years and in consolidation since last 315 days.
With the recent accruement of Vietnamese personal care brand Beauty X, the stock is seeing higher buying volumes.
The stock has good fundamentals with 25% FII holdings.
Overall a good FMCG stock to have in the portfolio for long term.
maricoshare name : MARICO
call type : poistional
- share is forming a pennant pattern with
morning star pattern
- a good consolidation can be seen around 1 yr
- we can accumulate this share at level 500-480
with sl of 470
- approachable targets 550, 660, 660
Thanks
MaricoMarico is in buy zone, closing above 481 on daily and it'll be up and running, currently at monthly channel support
Wedge pattern reversal in MARICO.MARICO
Key highlights: 💡⚡
📊On 1W Time Frame Stock Showing Reversal of wedge Pattern .
📊 It can give movement upto the Reversal target of above 560+.
📊 Inside Candlestick Form on this timeframe.
📊 Can Go Short in this stock by placing stop loss Above 480 or last swing low.
MARICO BUYING ZONE NSE: MARICO As per swing and my price action marico now in buying zone with 1.5: 8.2 ration it is only observation not for trade
MARICOHi guys, In this chart i Drew My Best Levels in MARICO for Long, Observed these Levels based on price action and Demand & Supply. Don't Take any trades based on this Post...because this chart is for educational purpose only not for Buy or Sell Recommendation.. Thank Q
Marico Long only after weekly close above 550Marico stuck in Darvax box from Jan 2022.
A weekly close above 550 will take this to 600 levels.
BUY MARICO We anticipate a 5% increase in these stocks from here, but please do not invest more than 5% of your total capital in these stocks at this time.
this stock for marico for purchase idea for uptrendDISCLAIMER THIS IS ONLY FOR EDUCATION purpose only i have mark important levels on the chart you can go see that this it message me for any stock name you want to buy on it send a one message
MARICO - Breakout from Range - Swing TradeThe analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
MARICO - Ichimoku Bullish Breakout Stock Name - Marico Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 552
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, it motivates me to do analysis.
Good Intra and Swing trades with Index ideas for 22 Sept marketI daily make educational content videos for financial markets
MARICO LTDMarico Support seems above 506.50 rupees. Check the reversal candle ( One Day candle) sustain above the 506.50 .
Buy sustain above the support line with Stop Loss 498 rupees . First Target 540-548 rupees. Second Target 600 rupees . NSE:MARICO
SWING TRADE & ATH CANDIDATE BUY Marico 537-540 SL 505 Target 607 -DKM SIR
I can see the big move in upcoming days buy and hold and add on dips
#CHART BOLTA HAI #
Marico: Swing Trade OpportunityConsolidation.
Can potentially be a swing trade opportunity in both the sides.
In either of the consolidation range breakout, it can follow through in that direction.
Why am I bullish on Marico. Analysis on Daily, Weekly & MonthlyPatterns play an important role in trading. Especially when the same patterns appear on the different time frames.
In Marico we see the formation of triangle patterns on Daily, Weekly and Monthly time frames.
Daily Chart - Ascending Triangle Pattern
In two trading sessions the price had tested the upper and lower length of the triangle.
So, from this we predict the price is ready for a move.
Weekly / Monthly Chart - Symmetrical Triangle Pattern
This triangle pattern has a success rate of more than 70%.
And the price is near the upper length of the triangle on both time frames.
If we see the broader picture of these 3 time frames the stock looks bullish as it tries to move upside.
The price may be volatile on the daily time frame. The probability of the volatility is very high.
The volatility on the daily time frame makes the price comfortable on the weekly and monthly time frames.
Marico C&H pattern BullishFantastic stock to hold. Expecting a BO shortly and now formed C&H pattern.
Buy Marico to play the moveThe stock looks bullish on 3 parameter strategy.
Sentiment: Bullish
Buy near the opening price
