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trademachine08
About me Equity Positional Trader (EOD Charts analyses) Index Option Buyer (EOD-Montum trader) Long term investor (on basos of monthly time frame charts)
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100 % stocks
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ITC 50% | 1 MARICO 50% | 1
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MARICO LTD : INVESTMENT IDEA (BREAKOUT ON MONTHLY CHART)
MARICO
, 1M
MARICO: MARICO LTD : INVESTMENT IDEA (BREAKOUT ON MONTHLY CHART)

MARICO LTD : STRONG BREAKOUT ON MONTHLY CHART AND IF SUSTAIN ON MONTHLY CLOSING WOULD BE A STRONG BUY SIGNAL FOR LONG TERM TRADING OPPORTUNITY ( INVESTMNET IDEA). SINCE WEEKLY CHART BREAKOUT IS HAPPENED AND SUSTAINED, SO A BUY MAY BE INITIATED FOR LONG TERM TRADING/INVESTING OPPORTUNITY ON MONTHLY CHARTS. TRADER MUST FOLLOW RULES OF RISK MANAGEMENT i.e. STOP...

ITC : STILL LOT TO GO...........
ITC
, D
ITC: ITC : STILL LOT TO GO...........

ITC TECHNICALS ARE STRONG ON DAILY TIME FRAME. SUPERTREND SIGNAL ADDS CONVICTION AT 198-202 PRICE RANGE i.e. A SUSTAINABLE CLOSING ABOVE 200EMA PRICE BAND WITH GOOD VOLUME. ITC RALLIED GOOD FROM 198-202 AND STILL TECHNICALS ARE LOOKING GOOD ON DAILY TIME FRAME CHART WITH STRONG VOLUMES. THUS INDICATES HOLD + FRESH BUY WITH A STOP LOSS OF SUPERTREND LINE ON EOD...

RudranshRavi
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