MARICO trade ideas
Marico - SHORT or LONG -> depends on support line action5, Apr 2020 : It all depends upon how the chart reacts with the support line. Once it goes below the support line there is a good opportunity for shorting. If it bounces back then it is a clear indication to go for Long. The MACD indicator can be used along with this idea to confirm the price action.
This is the setup for Monday. I will keep you guys posted on this.
Marico Trend - Positive- Positive direction from fib retracement point, long term support levels & Squeeze momentum indicator. I am beginner, so take this as per own risk
Marico - Weekly Chart - Price Movement for Cup formationMarico Weekly Chart:
Tracking Price Movement for Cup formation.
If the price follows the estimated cup shape price movement
then good returns can be expected.
Marico: Monthly Log Scale: Trading At Critical pointMarico: Monthly log scale
Trading at critical price zone (observe the red dotted price band)
Small addition in SIP strictly between this band.
Below this band Price might see big fall.
Invest with caution strick SL as per Risk Management to be followed
Marico: Bearish on all Time FrameMarico: Bearish on all Time Frame
Expected lower level identified in chart
What an Analyst can do ?An Analyst , who has learnt the various methods of reviewing the financial instrument , who not only view the price movements also has lots of various responsibility to take care during the analytical work
Let me give a Brief detail how we do at our place
ASSESS
By measuring price responses and interactions, we can assess the category growth landscape, identify Top performing assets we prioritize corporate investment to the highest opportunity segments.
IMPLEMENT
We optimize portfolio and investment plans and budget allocation across all Top Performing assets, trade, price channels, structures and inclusive of all upcoming events in the assets class weeks before. Our Structure modelling software and customized user software support end to end optimization.
PLAN
By linking past growth drivers to corporate planning, we identify deviations from expected performance and recommend course corrections.
PRESCRIBE
By leveraging predictive tools to balance short- and long-term goals, we can prescribe an investment strategy for sustainable portfolio growth.
Our Growth Drivers Framework is the foundation of all our solutions. Growth Drivers is a modelling structure software application based on simultaneous equation regression across top assets and categories. It measures the drivers of current price performance, simulates the impact of drivers in the future, and identifies opportunities for growth. Growth Drivers helps you to optimize portfolio and within selected assets,
CATEGORY GROWTH DRIVERS (CGD)
PORTFOLIO GROWTH DRIVERS
TRAFFIC GROWTH DRIVERS
VALUE DRIVERS
We can also provide Custom made solutions to investors
Regarding this scrip , it has left one more drop before it makes its turn around in the trend
Good luck
Marico AB=CD Pattern
Elliot Wave
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