Long Marico LTD

This scrip had brokeout from a range then retested the resistance and now it had broke the Monthly CPR resistance with good volume as well. bove theAll these generated a buy signal for this scrip. One may long this scrip now with SL below the resistance or below the range based on their risk appetite. This scrip is trading well above the 21EMA, so there might be pullback before a big up move.
Moving AveragesSupply and DemandSupport and Resistance

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