In both fmcg and Marico showing reversal CANDLE.watch 15 M candle which type of CANDLE is form and what happen in volume.gives good return in short term.
marico chrat analysis for intraday and swing trading
MARICO AT SUPPORT LEVEL.Please watch this level. Before it was resistance now turned into support.
Defensive stocks like marico gives much more comfort with all time high indices...
-Heading for 550 (may be)? /* Please do NOT consider these as trade recommendations. I' am an amateur and posting these charts helps me understand the market better. I' am open for suggestions/advice. */
NSE:MARICO Why should we swing trade in MARICO! 1. Fibonacci Retracement @38.2% 2. Continuously ruling in the up trending channel after breakout 3. On 1 hour time frame having 50 EMA support 4. On 15 minutes time frame having 200 & 50 EMA support We can definitely go long and take almost 6.37% in coming 03-04 days. Hold above levels if momentum is too big....
Marico : Swing view Looks good to break trendline resistance & Flag pole Breakout Long above 580 with SL 560
intraday trading idea intraday trading idea intraday trading idea
*Always Enter With good confirmation & Maintain proper Risk Reward. **********I am not a SEBI registered adviser. All the information provided by me is for educational/informational purposes only. ********** >> Visit My Ideas Page for Daily Stock Analysis & check my previous stock analysis how accurate they are for Swing and Intraday Trades<<
Marico seems breakout in daily time frame leads fresh leg may starts
Trend : UP Strategy : play the levels... Levels marked... Like... Share... Follow...
Intraday opportunity to capture a big range. Fingers crossed for monday i.e 13th Sept. " Open = Low "........
Marico at 1D Resistance May Give Breakout . As Fmcg sector is also bullish.
As u see price action on chart. Stock was in nice Uptrend then formed the range and now Breakout done Retested and Sustained very well with continuously Volume building up SWING TRADE OPPORTUNITY BUY @ 575 FOR TGT - 625,675+ WITH STRICT SL @ 525
Stablefork recently gave a Buy Signal on a Daily chart in Marico R:R the setup can be used for positional trade Long @ 575 T1 608.55|T2 640.75|T3 743|| SL 544
This scrip had brokeout from a range then retested the resistance and now it had broke the Monthly CPR resistance with good volume as well. bove theAll these generated a buy signal for this scrip. One may long this scrip now with SL below the resistance or below the range based on their risk appetite. This scrip is trading well above the 21EMA, so there might be...