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2025-09-01 10:54:34 am | Source: Religare Broking Ltd
Stock of the day : Marico Ltd by Target Rs. 770 - Religare Broking Ltd
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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