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 swing high.
MARICO LTD made another new ATH on Friday Very strong uptrend Should see a follow through to new highs now
The stock has broken out with good volumes and retested, so it may undergo a rally. Trade is supported by brokerage calls and Supports Nearby. Risk Reward Ratio - 3:1 SL is placed below support zone & the previously upper trendline. The target is placed based on fundamentals.
Marico is in very healthy trend and giving very clean move.
Marico looking good above 545. Education purpose only. NSE:MARICO
DATE: 30 MAY 2021 INSTRUMENT: MARICO TREND: BUY TIME FRAME: DAY CMP: 471.05 BUY ABOVE: 478 STOP LOSS: 466 TGT 01: 488 DISCLAIMER: We are not S E B I registered analysts. Please consult your personal financial advisor before investing. We are not responsible for your profits/losses whatsoever.
Marico 430 - 435 / 438 Good accumulation zone for short term
Stock did a good breakout from 4 months range. Breakout type: Decisive Breakout Volume: Huge Now sustaining the above-the-range, stock can move towards 460 and 480 levels.
Marico looking like gives a breakout. consolidating from last 2 days. look for Trendline breakout only above 425.
If market continue current trend - MARICO can go to 450-475 lrvrld in next couple of sessions. Currently trading on trend line -- if sustains above - clear Long oppertunity. Add to watch list - trade as per trend.
CMP- 415 TARGET- 500/630/750 STOP LOSS- 325
MARICO given breakout on hourly time frame & DAILY TIME FRAME
Hi Fellows, Marico is making a strong Inverted head and shoulder in a Weekly time frame. It has tested 400 level many times in last 12 months. Above 400 it could be a good run. I hope you will benefit from this knowledge -MetaVish PS: Twitter handler = MetaVish.
04/Dec/2020 Buy- Rs. 394 Target - Rs. 420 SL - Rs. - 390