Marico- Near 2 Year strong Resistance, 3 reason to Break now...
#marico 3 Reason to Break 2 year Long resistance 1 - Inverse HnS pattern 2 - Current Bullish Engulfing Candle with good volumes 3 - FMCG Sectoral Index about to BO.
Marico Tried to break 400 earlier in Dec 2018, then in 2019 consecutive 3 months but could not sustain and had a free fall.
Now these 3 reason are enough to breakout with 360 SL for positional holding.
Marico Tried to break 400 earlier in Dec 2018, then in 2019 consecutive 3 months but could not sustain and had a free fall.
Now these 3 reason are enough to breakout with 360 SL for positional holding.
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