We witnessed a false breakout towards the ascending triangle
on Marico. And a Double top on the 7th of Jan 2019.The ascending triangle continues to be intact
confirming a strong bullish trend with targets of 360 and towards 400
However, if Price breaks below 324 . The Stock would consolidate towards 260.
(Recommendation Buy at CMP with targets of 360 and 400 SL at 319)
on Marico. And a Double top on the 7th of Jan 2019.The ascending triangle continues to be intact
confirming a strong bullish trend with targets of 360 and towards 400
However, if Price breaks below 324 . The Stock would consolidate towards 260.
(Recommendation Buy at CMP with targets of 360 and 400 SL at 319)