marico let's wait for the chart to break the trendline and it will give a breakout on any side. #my_opinion if breaks any side and sustain we can take a trade with a sl of trendline .by Dsingh20013
MARICO - Bounce back from bottom line - Bullish on all chart#MARICO is trending under the channel and has strong support on 20EMA and bottom support line. After hitting bottom support stock is start moving upwards and Today 50SMA crossed above 200EMA. ATR is decreasing and stock in narrow range since 4 day. Showing Bullish result in Technical Parameter: CCI is treading UP RSI is treading UP 50SMA crossed above 200EMA William %R is treading UP +DI crossed above -DI New Long position ---------------------------------------------------------- Support : 340 and 331 Breakdown : 344 (OR Gap down opening) LTP : 348.65 Breakout : 351 (OR GAP UP opening) Short Target : 355 and 358 ---------------------------------------------------------- Positive & Negative Point: 1) Very Bullish in Daily chart. 2) Very Bullish in Weekly chart 3) Very Bullish in Monthly Chart ---------------------------------------------------------- (Disclaimer: This is only for educational purpose and paper treading.)Longby singajaiUpdated 5
MARICO - ShortMarico short (Only confirmation entry) Caution: It is in up trend Shortby Partha_MarthalaUpdated 2
MARICO - Triangle BreakoutNSE:MARICO has taken support at the support zone, getting ready for a triangle breakout.Educationby akashboddeda2
looking for the buying set up one of my fav. pattern and i would love to take risk is cup and handle pattern...retest done...planning for long..looks like inverted head and shoulder ..whatever both are bulish patterrn ...Longby skyarms3
Marico is repeating the history??.Marico has made double top on weekly chart from Aug 2018 to Dec 2018. IT has corrected from 387 (27th Aug) to 282 on (8th October) and again reach 396 (17th Dec 2018) and then corrected to 330 from 390 and then move up. Now, it has made similar price pattern. Made double top on weekly chart from Jan 20 to June 1 and in between corrected from 344 (20 jan 20) to 234 (23 March 20) and again reach to 352 range and current quoting at 330...based on previous pattern, it seems stock should correct up to 292 around... Shortby vivekgujrati4
Marico Made wolfe wave Marico made wolfe wave on 1 hour TF. See chart for target...Longby IndyanUpdated 8
MARICOTHE STOCK ON DAILY CHART IS COMING BACK TO RETESTS THE PREVIOUS LEVELS OF CHANNEL , OVERALL STOCKS SEEMS TO BE IN DOWNTREND , AS WE CAN SEE IN CHART PRICE HAS BROKEN THE TREND LINE , NOW THERE IS SUPPORT AT 325 IF IT BREAKS WE CAN SEE THE STOCK TESTING THE LEVELS OF 320 WHICH IS ALSO THE PREVIOUS POC , OVERALL NIFTY FMCG SEEMS TO BE GOING DOWN FROM RESISTANCE , THUS OVERALL CONFLUENCE IS SUPPOR THE STOCK TO TEST 320 LEVELS , NIFTY SEEMS TO BE IN STRONG INTERMEDIATE UPTREND , SHOULD KEEP A STRONG WATCH ON NIFTY AND NIFTY FMCG LEVELS BEFORE TAKING THE TRADE .LEVELS ARE JUST OF INTRADAY AND NOT FOR DAILY OR LONG TERM VIEWS AND SUGGESTIONS INVITED THANKSShortby Mindfreakak4
BO above Rs 322 can take Marico to Rs 350Observe the inverse Head & Holder - a continuation pattern.by DileepAbrahamUpdated 4
MaricoFollow us on telegram for live updates t.me/tradeking9_11 Wait For levels Trade in High Volumes and Liquidity. If it sustain above 326 then buy with target of 330 If it sustain below 317 then sell with target of 313by Chetan_Kumar_AnjanUpdated 6
MARICO BULLISH For 327 334 345 355MARICO Buy for 327 334 345 355 365 SL 303 Longby vivek_tradeUpdated 3