MARICO

THE STOCK ON DAILY CHART IS COMING BACK TO RETESTS THE PREVIOUS LEVELS OF CHANNEL , OVERALL STOCKS SEEMS TO BE IN DOWNTREND , AS WE CAN SEE IN CHART PRICE HAS BROKEN THE TREND LINE , NOW THERE IS SUPPORT AT 325 IF IT BREAKS WE CAN SEE THE STOCK TESTING THE LEVELS OF 320 WHICH IS ALSO THE PREVIOUS POC , OVERALL NIFTY FMCG SEEMS TO BE GOING DOWN FROM RESISTANCE , THUS OVERALL CONFLUENCE IS SUPPOR THE STOCK TO TEST 320 LEVELS , NIFTY SEEMS TO BE IN STRONG INTERMEDIATE UPTREND , SHOULD KEEP A STRONG WATCH ON NIFTY AND NIFTY FMCG LEVELS BEFORE TAKING THE TRADE .LEVELS ARE JUST OF INTRADAY AND NOT FOR DAILY OR LONG TERM
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