A channel, rsi, Bollinger bands show that Marico was oversold and reversal in the trend is beginning to show up. All the indicators are matching a perfect uptrend in price.
I can see a bearish candle towards the end of the day. Got a feeling that the index will behave bearishly tomorrow. Got a Fibonacci Retracement towards the short side. Target 1 8780, Target 2 8715 and stop-loss at 8900
