Trend - Negative
If the price sustains below 541.40 then it could see the levels of 525 and then 510
The price gives a breakdown of 541.40 which is a 38.20% Fib retracement level.
A strong bearish crossover near an important level of 28.60% (Fib retracement).
The breakdown of the Bollinger band
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After being the Chart of the Week, Marico has been continuously showing strength on chart and its strong Today as well. Someone can buy now also or add more for short term trading to long term investments.