There is a rectangular pattern formed in 15 min timeframes where the price has taken resistance multiple times near 191.00 level and support near 182.00 levels. This can be potential trade in both ways: We can go long if price breaks out 191 level go short if price breaks down 182 level. Happy Trading:)
The stock was doing time correction after a decent upmove, now on verge of breakout with a flag and pole formation
Marico retested its support trendline and got a rejection from bottom. Marico Broke its trendline and now is ready to move up!
This idea Only for Educational knowledge & learning not provide any trading tips, before Trade Advice your Financial Advisor, I am not responsible Any profit and loss.
Marico-Nice Breakout Capital to be deployed- 20k Investing Price -565-572 Breakout Price -564 Stoploss -537 Targets -620-821 Do retweet so that it helps someone #marico #StocksInFocus #StocksToBuy #stockstowatch #StocksInNews #SwingTrading #BREAKOUTSTOCKS
Marico has made a nice bullish flag and pole pattern and monthly charts. Will we see 800-850 levels in Marico or I am being too optimistic? Lets wait and watch.
weekly gap and sideways consolidation can lead to next good target in coming days.
NSE: MARICO is closing with a bullish consolidation candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 12% gain on...
Marico looking good for LONG -Short term target is 550.
Stock is looking weak in daily time frame. From past few days it’s not able to cross it’s previous swing in daily time frame. It’s at crucial level 520-523. It has bounced multiple times from this lvl. However, if this lvl breaks on 30th June it will be good opportunity to go short. Please make sure there should be a bearish price action in 5/15minute time frame...
Good investment and swing trading opportunity in MARICO I have mentioned reasons to buy in Chart only
MARICO, may rally a bit more. but overall seems a consolidation soon. For study only.
Buy Marico it may come down to 525 and then it may go to 538 - 554.
will buy tommorow my targets are 550 / 560 in 3/4 months marico is at a great buy zone strong conviction at this moment but lets see how things un folds
As per my analysis, if NSE:MARICO upcoming any 45min closed above level of 483.00. We can see huge short covering and fresh buy entry. Buy level would be 485-490 with stop loss of 465 (20-25 points risk). My expected upside target will be 501, 520 & 540. It may take 1-2 weeks to get targets. Note: This is my personal analysis, only to learn stock market...
There is weekly 200 ma resistance just under the support. Fibonacci golden level of 61% There is major support zone. Buy i dont feel that Marico should be bought in this bear market.
MARICO Sell for intraday trading ..................
MARICO Buy for intraday trading if stock break the given resistence level...........