P_Saha

MARICO - KEEP On watch list

P_Saha Updated   
NSE:MARICO   MARICO LTD
Study:- PCR is bullish; option chain looks bullish; In Daily TF 50 dema crossed 100 dema; H&S pattern observed. Currently trading in a channel. Volume decreasing on daily basis. Need volume surge along with price increase to cross the selling zone. If it closes above selling zone then probability will be to see momentum on upper side. It there is a BO then position can be taken or wait for retest to happen before taking position. Volatility is decreasing so chance of a sharp move is coming. If it breaks the trend line then it will slide down. As of now NOTA.
*This chart is for educational purpose only.
Trade active:
On the move.
Trade active:
Might reach near 365 within a day or two.
Trade active:
Hold the position for more up move.
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