MARICO LTD: VERY GOOD SETUPVery Good Setup.
Details explained on Chart.
Simple analysis for learning and growing.
Only for Educational Purpose. Consult your Advisor before any investments.
MARICO trade ideas
Morning star !!Stock has formed morning star pattern on weekly chart.
Longs can be considered with SL 480 on daily CB or as per risk appetite for the target of 570 and 600+ (20%) with 1:3 RR.
Kindly do your analysis before initiating trade.
Looking strong on chartsMARICO is looking good on charts and testing it's strong S/R zone. Buy above 511.75 (on closing basis) for positional target of 540.
Learn & Earn,
Dr. Tanya Kumar
MARICO Trendline Saying to Move upMarico
Good example of trendline supportand resistence
Down trendline breakout done
looking for 510/517/534
sl 490
keep learning
mcpriceaction
10% gain opportunity All markings are on charts
For education purposes only; no trade recommendations
Reverse cup and handle pattern In MaricoWe can observe reverse cup and handle pattern in Marico. CMP is 503 with target is 560+ and stoploss 485
MARICO One way drop from its top and all indicators are bearish. Results could be the saver later on this month. However, for now. it's a shorting opportunity for targets of 491, 480 and 455.
F&O data shows Short buildup.
Marico Stock AnalysisMARICO
Looks good above 503
Targets:- 514/553/582/600+
SL:- 455
Chart shared for educational purpose
Do your own analysis & research before taking any investment idea.
Go Long - MaricoMarico shows divergence in momentum, but then it may consolidate for some more time. Entering in tranches makes more sense in this counter. Above 505, enter full.
Plan your risk.
MARICO SWING TRADEWe can see channel breakout on 75min frame in MARICO. We can go long above 504(200ema + high volume area). Targets are mentioned in the chart itself.
MARICO [pin bar] 1) support
2) most rejection candle
3) bullish pin bar
"my study is stock bullish"
Disclosure : I am not SEBI registered. The information provided here is for Education Purposes only. Consult your financial advisor before taking any decisions
Simple Trade Setup | MARICO | 31-01-2022 [INTRADAY]NSE:MARICO
Trade Setup for 31-01-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
MARICOMarico is makeing a nice falling channel pattern in 15 mins can look for nice trade on breakouts or reversal from channel trendlines
Simple Trade Setup | MARICO | 25-01-2022 [INTRADAY]NSE:MARICO
Observations:
1) On 15 min time frame, we can see that it made regular bullish divegence as price made lower lows and RSI made high lows.
Please refer below chart : 15min Time Frame.
Also today on 15min time frame, we can see that it made almost flat lows and RSI made higher lows which is also Exaggerated Bullish divergence.
Please refer below chart : 15min Time Frame.
2) On 15min time frame, we can plan for a small trade, if RSI breaks the Resistence trendline then it will be quick buy trade along with price breakout of 473 with target of 476.50.
But Safe buy on price breakout of 477 only.
For short/sell trade, if RSI breaks down the support trendline along with price breakdown below 466.50 level.
Please refer below chart : 15 min Time Frame.
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Trade Setup for 25-01-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
Long #MARICO for TGT - 550, Swing Trade- Reason- 200 DMA supportLong #MARICO for TGT - 550, Swing Trade- Reason- 200 DMA support
MARICO, 4HAs per my understanding, the stock has faced a bearish run and is now in the accumulation zone. My analysis here is, there will be a uniform movement for some more time and then will follow with a retest and a markup. No, I have not fixed any targets whatsoever. But, you can do it with the help of fibs or manually tracing the previous resistances (strong resistance only)
Marico Hourly chartBear trend channel can break out on the upside any day now, has been consolidating in this channel for quite some time
MARICO Trade Setup for TomorrowIntraday Pick for Tomorrow - 05-01-2022
Stock Name : MARICO
Time frame : 15 minutes
Wait for proper breakout and retest for entry.
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MaricoContinuous Downtrend, Consolidation at the bottom + Symmetrical triangle broke and retracement + so if the immediate next 1 hour candle stays above 508 ,Go for long.
