Marico - Cup & Handle & Rectangle Pattern
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!!
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!!
交易進行
From 609 to 653 today..almostt 10% return and coming more !!! Cheers !!交易進行
688..more than 15% return and more in pipeline!! Cheers!!!
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。