Marico Limited
做多
已更新

Marico - Cup & Handle & Rectangle Pattern

560
Marico is making a cup and handle & a rectangle pattern on weekly time frame. Once breakout is done, we can see levels of 760-800. Keep monitoring and once breakout is done, we can see quick moves given FMCG sector is go-to sector now. Other factors:

1. Volumes have increased substantially, pls see weekly volumes
2. RSI is above 60
3. MACD is becoming positive
4. On breakout the price will break Oct'21 price, price breaking out of a long drawn structure has high potential

"Clean Charts, Easy Charts"

Learning & Earning !!!

Cheers!!
交易开始
From 609 to 653 today..almostt 10% return and coming more !!! Cheers !!
交易开始
688..more than 15% return and more in pipeline!! Cheers!!!

免责声明

这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。