MARICO, NEXT HIGH PROBABLE BIG BULL FMCG STOCK (CHART# 390)

After having most successful day today with all weekend charts (GLENMARK, STAR, HINDUNILVR, INFRATEL, IRCTC, DRREDDY) giving great move, its time to start looking for fresh stocks.
MARICO looks very good above 404-405 range as it has tried multiple times to break his zone but failed but today managed to give closing above 400 after 2 years.

Watch my other charts to understand simple price action used for all of the analysis. Keep your charts simple and free from lagging indicators. Reach out if you wish to learn powerful technical analysis based on simple price action.

Thanks
Piyush Gupta