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 Hit the like button!! Show some energy!! Disclaimer: This...
Marco looking nice with a good risk to reward ratio
***educational purpose only looks like inverted head and shoulders pattern buy, cmp 531 SL below 520 target of 560
Reasons and indicators to buy: -RSI above 60 -Recent MACD crossover - Higher volume than the past 5 trading sessions
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.