Stock: Marico Ltd. (NSE: MARICO)
CMP: ₹715
Buy Above: ₹715
Stop Loss: ₹678
Target Levels: ₹729.50, ₹745.20, ₹761.25, ₹777.60, ₹794.30, and ₹810 (Final Target)
Time Frame: Short to Medium Term
🏢 About the Company: Marico Ltd.
Marico Limited is one of India's leading consumer goods companies operating in the beauty and wellness space. With well-known brands like Parachute, Saffola, Hair & Care, Set Wet, and Livon, Marico has a strong domestic presence and a growing international footprint across emerging markets in Asia and Africa. The company is known for consistent performance, strong cash flows, and product innovation in the fast-moving consumer goods (FMCG) sector.
Sector: FMCG
Market Cap: Approx. ₹91,000 Cr (as of April 2025)
Headquarters: Mumbai, Maharashtra
NSE/BSE Code: MARICO
🔍 Technical Analysis
A bullish flag breakout has been observed on the daily chart, indicating a potential continuation of the uptrend. Key observations:
Strong volume spike confirms buyer interest at breakout levels.
The price broke above the flag pattern with a decisive close above the resistance trendline.
Moving averages are aligned in a bullish formation (price > 20 EMA > 50 EMA).
RSI near 62 and rising, without being overbought, supports further upside.
This setup aligns with classic flag pattern breakout behavior, offering an excellent risk-reward ratio.
📊 Trade Setup
Entry Stop Loss Target 1 Target 2 Target 3 Target 4 Target 5 Final Target
₹715 ₹678 ₹729.50 ₹745.20 ₹761.25 ₹777.60 ₹794.30 ₹810
⚠️ Disclaimer
This analysis is for educational and informational purposes only.
I am not a SEBI-registered advisor. All trading and investment decisions should be made based on your own research or consultation with a qualified financial advisor. Stock markets involve risks, and past performance is not indicative of future results. Please use proper risk management and position sizing strategies when trading.
Don't forget to Follow for more such Ideas
CMP: ₹715
Buy Above: ₹715
Stop Loss: ₹678
Target Levels: ₹729.50, ₹745.20, ₹761.25, ₹777.60, ₹794.30, and ₹810 (Final Target)
Time Frame: Short to Medium Term
🏢 About the Company: Marico Ltd.
Marico Limited is one of India's leading consumer goods companies operating in the beauty and wellness space. With well-known brands like Parachute, Saffola, Hair & Care, Set Wet, and Livon, Marico has a strong domestic presence and a growing international footprint across emerging markets in Asia and Africa. The company is known for consistent performance, strong cash flows, and product innovation in the fast-moving consumer goods (FMCG) sector.
Sector: FMCG
Market Cap: Approx. ₹91,000 Cr (as of April 2025)
Headquarters: Mumbai, Maharashtra
NSE/BSE Code: MARICO
🔍 Technical Analysis
A bullish flag breakout has been observed on the daily chart, indicating a potential continuation of the uptrend. Key observations:
Strong volume spike confirms buyer interest at breakout levels.
The price broke above the flag pattern with a decisive close above the resistance trendline.
Moving averages are aligned in a bullish formation (price > 20 EMA > 50 EMA).
RSI near 62 and rising, without being overbought, supports further upside.
This setup aligns with classic flag pattern breakout behavior, offering an excellent risk-reward ratio.
📊 Trade Setup
Entry Stop Loss Target 1 Target 2 Target 3 Target 4 Target 5 Final Target
₹715 ₹678 ₹729.50 ₹745.20 ₹761.25 ₹777.60 ₹794.30 ₹810
⚠️ Disclaimer
This analysis is for educational and informational purposes only.
I am not a SEBI-registered advisor. All trading and investment decisions should be made based on your own research or consultation with a qualified financial advisor. Stock markets involve risks, and past performance is not indicative of future results. Please use proper risk management and position sizing strategies when trading.
Don't forget to Follow for more such Ideas
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.