Marico - Cup & Handle & Rectangle Pattern

12 мая

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!!

7 июн.

Сделка активна

From 609 to 653 today..almostt 10% return and coming more !!! Cheers !!

26 июл.

Сделка активна

688..more than 15% return and more in pipeline!! Cheers!!!