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2025-12-30 11:08:47 am | Source: Motilal Oswal Wealth Management
Technical Conviction Delivery Idea : Marico Ltd For Target Rs.785 by Motilal Oswal Wealth Management
Technical Conviction Delivery Idea : Marico Ltd For Target Rs.785 by Motilal Oswal Wealth Management

Marico Ltd

Buy Marico Ltd CMP 753 SL 734 TARGET 785 DURATION 1 Week

* Negated lower lows formation on daily chart.

* Strong bodied bullish candle.

* High volumes on up moves.

* Bounce up from 50 DEMA support zones.

* RSI momentum indicator rising.

* We recommend to buy the stock at CMP Rs.753 with a SL of Rs.734 and a TGT of Rs.785.

 

 

 

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