The Best Week to Buy Stock – MARICO


                    TECHNICAL ANALYSIS STOCK OF MARICO





                         Weekly View MARICO

MARICO traded in HIGH volumes on NSE today which broke above Ichimoku cloud. Marico ltd is currently has been symmetrical triangle pattern break out now stock at upper range that is resistance for stock and now stock can move upside for next 3-5% in some days but there is resistance level at 330. The stock able to break level than you can see big jump. Buy Marico future around 320 -322 for the target of 335 - 360 with stop loss below 299.The company increase in its consolidated net profit at Rs 223.28 crore for the quarter ended December 2017 on account of higher income led by market share gains. The company a net profit of Rs 191.64 crore during the October-December quarter of the previous fiscal.

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