Marico is now taking support at Daily trendline as well as Hourly Trendline.
Trade Setup :-
Buy @ or above 403,
SL@ 395 (Below the trendlines and swing low)
Targets :- T1: 412,
MARICO
T2: 420,
Note:-
1. Please book your Targets near the points not at exact levels.
2. Stop loss should & must be there. Once the price level cross the T1 you may trail your SL on entry price i.e. 403 to secure your trade.
3. Avoid making Large positions on LEAVERAGES. It is a dual bladed sword; May enhance your profit but can dig you to the great losses too.
Be alert & Happy Trading.
Trade Setup :-
Buy @ or above 403,
SL@ 395 (Below the trendlines and swing low)
Targets :- T1: 412,
MARICO
T2: 420,
Note:-
1. Please book your Targets near the points not at exact levels.
2. Stop loss should & must be there. Once the price level cross the T1 you may trail your SL on entry price i.e. 403 to secure your trade.
3. Avoid making Large positions on LEAVERAGES. It is a dual bladed sword; May enhance your profit but can dig you to the great losses too.
Be alert & Happy Trading.