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MARICO - DELIVERY INCREASING

Long
MARICO LTD (NSE:MARICO)  
Sunandamedi  
NSE:MARICO   MARICO LTD
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MARICO HAS A BUY SIGNAL IN DAY CHART. WAIT FOR THE LEVEL OF 376 TO BE CROSSED.

TARGET IS 390.

THE DELIVERY IS 62%, WHICH IS INCREASING FROM 45% FOR THE LAST 10 DAYS.

PRICE MAY DROP TO 360 LEVEL ALSO. THIS WAS OBSERVED OVER A PERIOD OF TIME THAT WHENEVER THE DELIVERY IS INCREASING, THE PRICE DROPS AND THEN STARTS SHOOTING UP.

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