Marico Limited
Short
Mis à jour

MARICO- Daily/Hourly Timeframe-Bearish pattern

114
Stock is looking weak in daily time frame. From past few days it’s not able to cross it’s previous swing in daily time frame. It’s at crucial level 520-523. It has bounced multiple times from this lvl.
However, if this lvl breaks on 30th June it will be good opportunity to go short.
Please make sure there should be a bearish price action in 5/15minute time frame for intraday trades.

This is only for educational purpose, please manage your risk accordingly.
Note
On 30th June we saw a sharp buying from supp lvls 520-522.
Hence trade is not active yet.
For Long: let price go above 532 levels.

Clause de non-responsabilité

Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.