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Marico

Discussion in 'Technical Analysis' started by sanjay_sansanwal, Sep 3, 2012.

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  1. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Marico is making high top high bootom From Dec-Jan.
    It just breakout it's previous high of 201.80 with good volume, I think it is a good buy @ cmp 203 with stoploss of 185.

    Share ur views.
     
    sanjay_sansanwal, Sep 3, 2012
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  2. shabbir

    shabbir Administrator Staff Member

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    Marico is one of my favorite stocks after Nestle and your levels are perfect.
     
    shabbir, Sep 3, 2012
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  3. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Thanks,I am tracking it from last week.
     
    sanjay_sansanwal, Sep 3, 2012
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  4. sachinmore08

    sachinmore08 New Member

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    when you say take position so will it be in cash market or in derivative future market? what you guys prefer..any tip?
     
    sachinmore08, Sep 5, 2012
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  5. shabbir

    shabbir Administrator Staff Member

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    I always go for cash market.
     
    shabbir, Sep 5, 2012
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  6. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    I prefer cash market when going long and future when shorting.
     
    sanjay_sansanwal, Sep 5, 2012
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  7. m_padmakumar

    m_padmakumar Member

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    Entered Marico today @216.5 with stop loss 200.
     
    m_padmakumar, Nov 12, 2012
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  8. shabbir

    shabbir Administrator Staff Member

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    For me this stock is a slow moving multibagger.
     
    shabbir, Nov 12, 2012
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  9. shabbir

    shabbir Administrator Staff Member

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    shabbir, Dec 10, 2012
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  10. shwetagnema

    shwetagnema Active Member

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    target achieved...booked profit at 235 and 238 and just after that price came down....now i feel that i'm able to estimate the stock prices....thatnks a lot shabbir
     
    shwetagnema, Jan 8, 2013
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  11. shabbir

    shabbir Administrator Staff Member

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    The pleasure is all mine.
     
    shabbir, Jan 8, 2013
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