Stock of the day : Marico Ltd. For Target Rs.650 - Religare Broking
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Marico Ltd
* We are seeing decent strength in the FMCG sector and MARICO is leading from the front.
* It has formed a fresh buying pivot holding above its short term moving average indicates momentum in place.
* stock has rebounded higher with noticeable volumes finding support around its previous resistance zone highlights inherent strength in price.
* Traders can consider fresh longs in the mentioned range.
Buy Marico Ltd CMP 614.55 Range 610-615 SL 594; Target 650
Please refer disclaimer at https://www.religareonline.com/disclaimer
SEBI Registration number is INZ000174330
