VIEW ON MARICOGood chart structure Breakout on the stock After 4 days of fall stock, has formed a strong green candle Target 680/700 Stop loss 649 I am just representing my views For educational purpose only.Longby dakshb38393
Marico Ltd view for Intraday 15th Jan #MARICO Marico Ltd view for Intraday 15th Jan #MARICO Resistance 670 Watching above 672 for upside movement... Support area 650 Below 660 ignoring upside momentum for intraday Watching below 648 or downside movement... Above 660 ignoring downside move for intraday Charts for Educational purposes only. Please follow strict stop loss and risk reward if you follow the level. Thanks,Longby EmpireCrown1
Marico Ltd view for Intraday 13th Jan #MARICO Marico Ltd view for Intraday 13th Jan #MARICO Resistance 670 Watching above 672 for upside movement... Support area 650 Below 660 ignoring upside momentum for intraday Watching below 648 or downside movement... Above 660 ignoring downside move for intraday Charts for Educational purposes only. Please follow strict stop loss and risk reward if you follow the level. Thanks,Longby EmpireCrown1
MARICO : Expecting 15% upside potential! ⚡Price Analysis & Overview: 1️⃣ Price is showing strength. 2️⃣ Price structure is bullish forming HH-HL 3️⃣ Expecting good momentum. ✨ My Plan: ➡️ RRR is favourable. ➡️ 7% SL with 1:3 RRR. ➡️ Check my last trade on Marico linked below, it was a classic BO & RT setup. ⚠️ Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Views are personal. Please, do your due diligence before investing.⚠️ 💬 Drop your thoughts below in the comments section if you liked this analysis!✌️ 🔥Happy trading!✅🚀Longby SuperNova396Updated 6
Marico Ltd view for Intraday 10th Jan #MARICO Marico Ltd view for Intraday 10th Jan #MARICO Resistance 670 Watching above 672 for upside movement... Support area 650 Below 660 ignoring upside momentum for intraday Watching below 648 or downside movement... Above 660 ignoring downside move for intraday Charts for Educational purposes only. Please follow strict stop loss and risk reward if you follow the level. Thanks,Longby EmpireCrown2
VIEW ON MARICOGood chart structure Breakout on the stock Stock ready to cross 3 JAN 25 highs target 685/700 Stop loss 647 I am just representing my views For educational purpose only.Longby dakshb38390
Marico Ltd view for Intraday 8th Jan #MARICO Marico Ltd view for Intraday 8th Jan #MARICO Resistance 650 Watching above 651 for upside movement... Support area 635 Below 645 ignoring upside momentum for intraday Support 635 Watching below 634 or downside movement... Resistance area 650 Above 640 ignoring downside move for intraday Charts for Educational purposes only. Please follow strict stop loss and risk reward if you follow the level. Thanks,Longby EmpireCrown1
Triangle in MARICO !Triangle pattern in marico - - Strong fundamentals - 200EMA support Longby FineTrader10085
Any one can plan this trade, go long for investment. Wonderful example of Resistance become support, go long as positional view for 1 or 2 months. It will soon start rising. Longby jaipal501caet112
MARICO - Breakout & Retest Setup!Overview & Observation: 1. 70% Fib support zone. 2. Good volume support 3. Breakout & Retest done. Trade Plan: 1. Eyeing 20% upside with 10% SL 2. RRR is okay, not great! - Stay tuned for further insights, updates and trade safely! - If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading! Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing. Thanks & Regards, Anubrata RayLongby SuperNova396Updated 3392
MARICO! The Large Cap we needed.Hello dosto. Hope you all are fine. I am back with a new stock analysis. The levels are marked in the chart. Marico is good large-cap FMCG company. The stock has been consolidating for few years, and recently gave a very good breakout. I hope it will push further and reach the mentioned levels. Yearly profit growth is good. Although, quarterly results for the most recent quarter were a bit average. Stock P/E is high ~ 57.1 ROE is high too ~ 38 RSI/MACD also give a bullish outlook. This is for Educational purposes only. Not a buy/sell advice. Longby azuristeUpdated 333
MARICO#MARICO - Bullish Setup The stock has successfully tested the support from the supply-turned-demand zone, indicating a potential reversal. Volume is also showing signs of strength, adding conviction to the bullish narrative. One note of caution: MARICO's relative strength vs. Nifty is not overly impressive, which may impact its upside potential. Nevertheless, the overall bias remains positive.Longby Sudhi44881
Marico | Bullish SetupMarico chances of moving 5% in coming days. Back to back green candle Increasing volume Strong RSI Sustain Above 650 might give 3-5% returns in 2-3 days. Disclaimer: This post is for educational purpose. No trade/ buy/ sell signal is suggested or advised. Do your own analysis before buying or selling any stock/options.Longby IMStockwalaUpdated 2
MARICOThe overall trend for MARICO LTD appears to be bullish, based on the upward movement of the stock price and the positive MACD signal. However, the decreasing MACD histogram suggests that the bullish momentum might be slowing down.by hitech10500
MARICO -short for 8 % price facing resistance at 710 level for 4 weeks price - MACD showing negative divergence on weekly chart target and SL markedShortby FrankzMD1
Marico Ltd view for Intraday 4th October #MARICOMarico Ltd view for Intraday 4th October #MARICO Buying may witness above 705 Support area 695-700. Below ignoring buying momentum for intraday Selling may witness below 690 Resistance area 700 Above ignoring selling momentum for intraday Charts for Educational purposes only. Please follow strict stop loss and risk reward if you follow the level. Thanks,Longby EmpireCrown2
MARICO // Levels // 1h"Welcome to SkyTradingZone " Hello Everyone 👋 For Marico Ltd. (MARICO) on the 1-hour timeframe, here are the key levels: Resistance Levels: R1: ₹705 R2: ₹715 R3: ₹725 Support Levels: S1: ₹690 S2: ₹680 S3: ₹670Longby SkyTradingZone1
MARICO STOCK:- MARICO TREND :- POSITIVE SETUP :- W PATTERN BREAKOUT BUY :- AT CURRENT PRICE SOPLOSS :- BELOW 675.80 TARGET :- AT 740 RISK & REWARD :- 1:2 NOTE : - please consult your advisor before investing in stocks which i recommendedLongby nishant26dec20011
Some information about MARICO Marico Limited is a leading player in the Indian consumer goods sector, with a portfolio of well-known brands such as Parachute, Saffola, and Mediker, among others. Here are some key levels related to Marico Limited's stock: Current Price: Around ₹415-425 (subject to market fluctuations) Resistance Levels: 440-450, 460-470, 480-490 Support Levels: 400-410, 380-390, 360-370 Trend Lines: The stock has been trading in an upward trend since the COVID-19 pandemic-induced correction in March 2020, with a long-term trend line around 320-330 Longby EmpireCrown1
MARICO Breakout ReadyDate : 15-09-2024 ------------------------------------- Breakout Ready (PICK RESEARCH TO OBSERVE) MARICO Looks Good Above 695 SL 550 Target 749, 803, 910++ Hold Period : Few Weeks to Months Reason for Pick : Breakout, Above 20, 50, 200 SMA Please consult your financial advisor before investing All research for educational purposes only. Longby IOTABHI1
Marico Range Breakout at 690.Price took resistance at 690 multiple times and currently trading at the same level if the that level Breakout we can see a good up side move.Longby kumarrrkk0
Marico BearishAs per chart pattern it has formed Double top and getting a Reversal, where risk reward is favorable prefer next month option is better, just a view not a Reco...Shortby gttsudhakar0
MaricoDate 12.09.2024 Marico Timeframe : Day Chart Remark : Formed rising wedge & tested the zone of 686-692 for about 4 times in recent times, short interval. How long can stay invested after breakout, if any lets understand based on few key points from companies performance & balance sheet. 1 PE ratio of 79.20 which is high and comparatively - Very Overvalued 2 ROA of 21.75 % which is a good sign for future performance (higher is better) 3 Marico has a ROE of 30.10 % (higher is better) 4 Debt/Equity ratio is 0.03 which means that company has low proportion of debt to its capital 5 Marico has reported revenue growth of -6.37 % which is poor 6 Operating margin of Marico for the current financial year is 19.88 % - Fair/Good 7 Marico has a ROE of 30.10 % - Fair/Good 8 FII holding 24% & DII holding 11% - Fairly decent Conclusion : Company has to do stable business, in recent past it was quite a bumpy ride in terms of sales growth & profit growth yet PE is rising. Therefore, keep booking profits in rise or if any breakout. Regards, Ankur by AnkurSingh333