23-09-2024 10:52 AM | Source: Religare Broking Ltd
Stock of the day : Marico Ltd For Target Rs. 755 - Religare Broking

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Marico Ltd

* MARICO has been gradually inching higher after a breakout from a trend continuation pattern.

* It has formed a fresh buying pivot from an elevated base which suggests the upward momentum to continue.

* The price action and buoyancy in the FMCG space compliments the positive bias.

* Traders can consider longs in the mentioned range.

 

Buy Marico Ltd CMP 709 Range 705-710 SL 685 Target 755

 

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