Marico Limited
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Marico | Resistance Breakout & Retest The same level 🎯

983
Positional Trading opportunity ! Weekly Chart Alert !!!

--Buy above =402.10 or CMP
--Target = 499.30
--Stop-loss = 379
--Lot Size = 2000
--R:R = 4.3
--Expected Profit = 1,94,000₹ per lot (24 % )
--Expected Holding = 2-3 months only
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Technical Reasons to trade or Strategy applied :-

1) Stock broke the strong resistance
2) retracement is also done
3) Target is based on fib. trend
4) volume is also more than enough in breakout
5) No chance of fake Breakout .as it a weekly chart
6) rejection at support level i.e high wicks ..bullish candlestick pattern after retracement


Guys check out the related ideas as well, it will work really well GUARANTEED !

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Nota
syot kilat
Dagangan ditutup secara manual
Marico is not going good ....EXIT in little profit or HOLD with strict SL = 392 ( modified )

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.