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Marico Stock Breaks Out of 5‑6 Month Consolidation, Buy Range Rs 755–765
Marico's stock has broken out of a 5-6 month consolidation phase, supported by positive momentum indicators and significant futures long build-up. The breakout suggests that the stock could continue its upward trend. Investors are advised to buy in the Rs 755–765 range, targeting higher levels in the coming sessions. The stock's strong fundamentals and growing market share in the consumer goods sector further reinforce its bullish outlook.
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Marico Stock Breaks Out of 5‑6 Month Consolidation, Buy Range Rs 755–765
Marico's stock has broken out of a 5-6 month consolidation phase, supported by positive momentum indicators and significant futures long build-up. The breakout suggests that the stock could continue its upward trend. Investors are advised to buy in the Rs 755–765 range, targeting higher levels in the coming sessions. The stock's strong fundamentals and growing market share in the consumer goods sector further reinforce its bullish outlook.
Explore:Mutual Fund AI Screening
1 min read
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Marico has broken out of a 5‑6 month consolidation, with a recommended buy range of Rs 755–765 and bullish momentum indicators.
Marico's stock has broken out of a 5-6 month consolidation phase, supported by positive momentum indicators and significant futures long build-up. The breakout suggests that the stock could continue its upward trend. Investors are advised to buy in the Rs 755–765 range, targeting higher levels in the coming sessions. The stock's strong fundamentals and growing market share in the consumer goods sector further reinforce its bullish outlook.
Marico's stock has broken out of a 5-6 month consolidation phase, supported by positive momentum indicators and significant futures long build-up. The breakout suggests that the stock could continue its upward trend. Investors are advised to buy in the Rs 755–765 range, targeting higher levels in the coming sessions. The stock's strong fundamentals and growing market share in the consumer goods sector further reinforce its bullish outlook.
Companies:
Marico
Tags:
Marico
consumer goods
Marico
consumer goods
stock breakout
technical analysis