MARICO LTD : INVESTMENT IDEA (BREAKOUT ON MONTHLY CHART)

MARICO LTD :

STRONG BREAKOUT ON MONTHLY CHART AND IF SUSTAIN ON MONTHLY CLOSING WOULD BE A STRONG BUY SIGNAL FOR LONG TERM TRADING OPPORTUNITY ( INVESTMNET IDEA). SINCE WEEKLY CHART BREAKOUT IS HAPPENED AND SUSTAINED, SO A BUY MAY BE INITIATED FOR LONG TERM TRADING/INVESTING OPPORTUNITY ON MONTHLY CHARTS.




TRADER MUST FOLLOW RULES OF RISK MANAGEMENT i.e. STOP LOSS AND THUS FIX HIS ENTRY POSITION SIZE ACCORDINGLY IN ANY STOCK/INDEX/SCRIPT, SO THAT HIS/HER RISK CAN BE MANAGED AND MINIMIZED.