NSE:MARICO has been closed above resistance of 502. My idea is to take entry at 502 with stop loss of 495 (-7 Points). My up side target will be 522 (+20 Points). Note: This is my personal analysis, only for learning. Thanks.
Marico ready to grab pending orders my view expecting breakout as per trend strength all levels shared for educational purpose only.we are not sebi registered
as per my analysis Marico stock in 495 act as strong support , if support as hammer in 495 expect upside target 819 days
Buy Zone = 504.95 -- 496.55 Stop Loss = 496.50 Target PT = 5,10,15,20
The daily chart of Marico does indicate a bearish breakdown, but it would be wise to wait for a confirmation candle. The candles have breached the manual bullish trend and has broken the support of 200 EMA but as mentioned above, it is advisable to wait for the confirmation candle. My strategy would be to sell on rise but again, there is no proper stop loss...
Marico has shown a breakout of the range after quite some time, if this momemtum continous then we could see Marico reaching 550 levels again. I would go long if it crosses 535 levels, with a stop of 3-4 and target around 550.
NSE: EMAMILTD CMP: 486.35 Target 596 ~23% Stop Loss: 450 Trailing RR > 3 Tf 6M. NSE:EMAMILTD Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings...
Keep an eye on CNXFMCG that is FMCG SECTOR. CNXFMCG has round bottom breakout. Every FMCG stock is performing well keep an eye on FMCG stocks example - MARICO , HINDUNILVR , ITC (safest) , NESTLEIND
marico is 3rd time attempting to cross over above all EMAs. and also ichimoku cloud . RSI is also above 60 All the factors are supporting a good move in Marico. Always keep strict stop loss
550 ce = 1.90 500 pe = 2.05 margin = 88k profit = 2000- 3000 rs
Marico scaling UpSide - Swing Trade Good for swing trade. Target 534+, above 535 can blast more. SL 499, If SL hit, can take reentry around 480.
The stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby. Risk Reward Ratio - 2:1 SL is placed below the support zone & the lower trendline. The target is placed near resistance.
The stock has reached lower trendline and may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby. Risk Reward Ratio - 3:1 SL is placed below support zone & the lower trendline. The target is placed near resistance.
The stock has already tested the 200MA on the weekly chart and based on the trendline analysis it is looking bullish.
MARICO available at demand zone FMCG seems stong at this point
Bought one lot of September Futures Entry Price- 521.45 Target- 550 SL- 512 Lot Size- 2000
1. at daily time frame demand zone 2. 30min time frame tirangle breaking out 3. its in up trend