Marico | Resistance Breakout & Retest The same level ๐ฏ
์
๋ฐ์ดํธ๋จ
โญPositional Trading opportunity ! Weekly Chart Alert !!!โญ
--Buy above =402.10 or CMP
--Target = 499.30
--Stop-loss = 379
--Lot Size = 2000
--R:R = 4.3
--Expected Profit = 1,94,000โน per lot (24 % )
--Expected Holding = 2-3 months only
#ThankU For Checking Out Our Content , We Hope U Liked IT ๐
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โญTechnical Reasons to trade or Strategy applied :- โญ
1) Stock broke the strong resistance
2) retracement is also done
3) Target is based on fib. trend
4) volume is also more than enough in breakout
5) No chance of fake Breakout .as it a weekly chart
6) rejection at support level i.e high wicks ..bullish candlestick pattern after retracement
Guys check out the related ideas as well, it will work really well GUARANTEED !
๐FOLLOW for more !
๐LIKE if think is useful !
โCOMMENT Below your view !
--Buy above =402.10 or CMP
--Target = 499.30
--Stop-loss = 379
--Lot Size = 2000
--R:R = 4.3
--Expected Profit = 1,94,000โน per lot (24 % )
--Expected Holding = 2-3 months only
#ThankU For Checking Out Our Content , We Hope U Liked IT ๐
======================================================
โญTechnical Reasons to trade or Strategy applied :- โญ
1) Stock broke the strong resistance
2) retracement is also done
3) Target is based on fib. trend
4) volume is also more than enough in breakout
5) No chance of fake Breakout .as it a weekly chart
6) rejection at support level i.e high wicks ..bullish candlestick pattern after retracement
Guys check out the related ideas as well, it will work really well GUARANTEED !
๐FOLLOW for more !
๐LIKE if think is useful !
โCOMMENT Below your view !
๋
ธํธ
๋งค๋งค ์๋์ฒญ์ฐ
Marico is not going good ....EXIT in little profit or HOLD with strict SL = 392 ( modified )
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