If break this wedge pattern on upside it is good swing trade & must take it
This is also a flag break out on upside which also confirm upward move.
RSI also took 40 support daily time frame,
Price if break out it will come out form support zone.
Risk Reward 1:1 which is not good
Marico is a buy if trend line break upward as current price is at 61.8 % retracement level of last fall so if price sustain above trend line then chances are there it will go near upward channel around 78.6 % retracement also.
Marico has clearly break daily resistance zone so that is positive.
