Stock of the day : Marico Ltd by Target Rs. 770 - Religare Broking Ltd

Marico Ltd
Buy Marico Ltd CMP 725.85 Range 723-726 SL 702 Target 770
* MARICO continues to exhibit relative strength amid broader market volatility, maintaining a higher high and higher low structure, an essential characteristic of an uptrend.
* The stock has established a robust base and is advancing with rising volumes, indicating growing investor participation.
* A breakout from extended sideways consolidation is validated by its positioning above key moving averages (21, 50 and 100 DEMA).
* This technical setup suggests potential for continued upside, offering favorable long opportunities near identified support levels.
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SEBI Registration number is INZ000174330






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