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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