MARICO - Looks good

Aktualisiert
The formation here is an inverted Head and Shoulder.

Consolidation near the shoulders on both ends.

The chart is self explanatory.
Anmerkung
With Nifty showing strength there is very less probability that the stock may slip into the channel.
So above 360 looks very good.
Anmerkung
Beautiful mirror image formation.
Chart PatternsTechnical IndicatorsinvertedheadandshoulderslowriskhighrewardplayMARICOpriceactionanalysisTrend Analysis

*DISCLAIMER*
For educational purposes only. Not a recommendation.
Treat StopLoss as your best friend to get you out of troubles.
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