Trade Type: Momentum Breakout (Short-Term)
🔹 Trade Details
Buy Zone (Entry): ₹734.75 – ₹735.75
Current LTP: ₹736.80
Stoploss (SL): ₹727.00 (below swing low & 20 EMA)
Target (T1): ₹766.00
Target % Left: ~3.93%
🔍 Technical Indicators
📈 EMA Crossover: 9 EMA > 21 EMA > 50 EMA (bullish alignment)
📊 RSI: Near 60–65, with upward momentum (bullish)
🔺 Volume Surge: Confirming breakout from consolidation zone
✅ Client Advisory Summary
BUY MARICO LTD at ₹734.75–735.75 for a short-term breakout move.
Target: ₹766.00
Stoploss: ₹727.00
Timeframe: 1–3 Days
R:R Ratio: ~3:1
Confidence: High (based on EMA alignment, RSI strength, and volume confirmation)
For Education Purposes Only
🔹 Trade Details
Buy Zone (Entry): ₹734.75 – ₹735.75
Current LTP: ₹736.80
Stoploss (SL): ₹727.00 (below swing low & 20 EMA)
Target (T1): ₹766.00
Target % Left: ~3.93%
🔍 Technical Indicators
📈 EMA Crossover: 9 EMA > 21 EMA > 50 EMA (bullish alignment)
📊 RSI: Near 60–65, with upward momentum (bullish)
🔺 Volume Surge: Confirming breakout from consolidation zone
✅ Client Advisory Summary
BUY MARICO LTD at ₹734.75–735.75 for a short-term breakout move.
Target: ₹766.00
Stoploss: ₹727.00
Timeframe: 1–3 Days
R:R Ratio: ~3:1
Confidence: High (based on EMA alignment, RSI strength, and volume confirmation)
For Education Purposes Only
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.