MARICO trade ideas
Marico Looking good above 421.5Marico looking like gives a breakout.
consolidating from last 2 days.
look for Trendline breakout only above 425.
A full bodied candle to exit the range will lead to gap fillingWe can expect that IF the price exits the box and then attempts a downward move a take profit point can be expected at the gap fill range.
MARICO - Uptrend 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.
MARICOI'm not an expert I'm just sharing my views on MARICO for next trading day
I'm not responsible for any profit or loss this is not a recommendation.
MARICOI'm not an expert I'm just sharing my views on MARICO for next trading day
I'm not responsible for any profit or loss this is not a recommendation
Marico - Intraday / Swing Trade SetupMarico CMP - 414.95
Looking bullish in higher time frame. One can go for Intraday / Swing Term Trade setup with the following entry, exit & targets
Buy at or Above 415 / Stop Loss 410
Target 1 - 420
Target 2 - 425
Target 3 - 430
Swing Target - 450 / Stop Loss 398
Disclaimer: This is my view and for educational purpose only.
MARICO given breakout on hourly time frame & DAILY TIME FRAMEMARICO given breakout on hourly time frame & DAILY TIME FRAME
Breakout in MARICOBoth Daily and in weekly chart breakout .
👉Update of previous MARICO chart attached below .
👉 Breakout confirm now.
Long - MARICO - Inverted Head and ShoulderHi 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.
Marico - Triangle Breakout ExpectedMarico getting resistance at 380 , Breakout expexted as it was already attempted thrice . A perfect swing breakout trade... Target on chart.
PATTERN SPEAKS ITSELF.ASCENDING TRI ANGLE BREAK OUT.BUY AT CMP.STOP LOSS EXIT IF CLOSE BELOW 365.TARGET 430+++ HAPPY TRADING FRIENDS.
