MARICO trade ideas
MARICO :: BULIISHDATE: 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 - BREAKOUT from 4 months RangeStock 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 - Bullish Marico CMP - 474.25 *High Probability*
Looking bullish in higher time frame. One can go for Intraday Trade Setup with the following entry, exit & targets.
*Buy* at or Above 481 / Stop Loss 472.5
Target 1 - 484
Target 2 - 487
Target 3 - 490 / 495
Disclaimer: This is my view and for educational purpose only.
MARCO LONG INTRADAY 7 MAY, 2021Dear trader,
If u look at the chart of MARCO (analysis based intraday only) the MARCO Buy at 475 and Target at 484
Best Buy at 469.
Our Best Buy is based on high quality research and when the instrument reaches this level , it’s a jackpot trade.
Best Buy level might be executed or might not be executed.
The chart clearly indicates Bullish Trend you can also see the candle stick patters for more indepth analysis.
In Intraday most important thing is to enter and exit points.
Our signals are based on analytics, algorithms, mathematical derivatives.
Always be a responsible trader, kindly trade only when you have maximum opportunity in the market with minimum risk and with keynotes like data, analysis and proper strategies.
Kindly message us for strategies and analysis.
Marico 400 is promising levelMarico, 400 is good support and could range up till 430, 450 with 390 SL
Entry 400-405
SL 390
TGT 430+
TF: 1 Month
good value buying marico can be bought at the cmp
it can be bought for long term and
also for swing trade.
MARICOCurrently MARICO stand on major support 390 if this support break than we confirmed as a downtrend.
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.
