MARICO to Catch at the Bottom! BUYBUYBUYMarico is ranging for almost 3 months and is at the bottom of its range. a good buy here for the short term.
MARICO trade ideas
maricokeep it on radar if it falls then buy b/w the shown line
and not suggest to sell now.... buy only if it falls
#marico
Marico Intraday Swing Trade! Target 557Marico is still enjoying its monopoly in the Market. It's a good Buy for both Intraday and Delivery!
Marico Intraday! Buy at 528.5.Marico is again entering the Sideways Zone. so. for the Intraday, we have got a good entry point! Stay Put! and fo give a like!
Marico Long! min Target 557.Marico just broke the Upper resistance of its 2Months sideways trend! now going for Rs.557. This is a company with great fundamentals and the chart is showing Bullish signals too.
Marico: Target a minimum target of 557 from current level.Enter Marico for 2% profits target on Mondau.
Marico is ready for BreakoutMarico is ready for Breakout
one can go long with minimum risk, if it breaks 555 with good volume.
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MARICO Short SetupMARICO can go short at 530.5 with Stop loss of 540.5 for the target of 520.5 and 510.5
Marico - Buy Today Sell Today/TomorrowGood Technical Breakout
Looks Good for Short Term Target till 543+
Marico making Symmetric Triangle Pattern in 30 min TimeframeWe can Trade Marico with good confirmation
Long entry (with good confirmation only) : Cmp
Tgt : 555
Sl : 523
>> Always Enter With good confirmation & Maintain proper Risk Reward.
******* Knowledge Purpose only ********
>> Visit My Ideas Page for Daily Stock Analysis & check my previous stock analysis how accurate they are for Swing and Intraday Trades.
Marico - Steadying for an UpmoveMarico is Steadying for its Upmove.
Currently price is on Supporting lower trend line in 1 hr time frame.
Should form a base here for further upmove. Slowly it will move up and once the breakout happens price can go in uncharted territory.
traders shall look for short term.
Regards,
Prabakar
MARICO_IF FOLLOWS THE TRENDMARICO can show upside move if it follows the trend.
(for educational purpose only)
[ Positional ] MARICO Long BetNote -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
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I use shorthands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems. Please refer to the link to my footer and explore further if You want.
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I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
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Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
I also do my trades live, Please refer to the link to my footer if you want to tail me.
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