Marico Breaking out of Rectangle and Horizontal ResistanceIt has been observed that Marico is trying to break out of rectangle and from a strong horizontal resistance level. Long Entry: 265.5 Target 1: 264-275 Target 2: 284-285 Stop: Below 261.5Longby SaleemJunedLalaUpdated 1
Marico - Power of Lines Here, in this chart, you can see Marico's current price and the lines and levels that hold importance. Take trades according to them !! Cheers :)by dravya2
Marico Trading retesting its bearish channel support.Marico after breaking long term up trend, it seem to have established a down trend and trading in bearish channel, today it broke support but closed within the range it may be due to news of currency discontinuation (500,1000 notes end) the stock is touching support and ready to upward direction to channel resistance somewhere between 270-275, traders may go long after it slightly sides below (around 255.00 )in this stock with a target of 275.00 and short again there if breakout doesn't occurs. Longby nextgen1