Published on 7/12/2017 1:15:56 PM | Source: Religare Securities Ltd

Sell Marico Ltd For Target Rs.297.00 - Religare Sec

Posted in | #FMCG #Marico Ltd #Trading Report #Religare Securities Ltd


Derivative Ideas

MARICO added around 0.50% in open interest as short buildup was seen in it in previous session. Current chart pattern too indicate fresh fall in price. We suggest selling MARICO futs as per levels mentioned below.

Strategy: Sell MARICO futs BETWEEN 310-309, SL-316, TGT-297.

 

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