Stock Radar: Marico breaks out from 6-month consolidation; check target price & stop loss

  • Posted on April 29, 2025
  • By Business News Today
  • 2 Views
Stock Radar: Marico breaks out from 6-month consolidation; check target price & stop loss

Marico Ltd, a FMCG stock, has broken out of a 6-month consolidation range, signaling potential fresh highs. Experts suggest buying the stock, either now or on dips, with a target of Rs 770 within 1-2 months. The breakout is supported by positive momentum, reclaiming key moving averages, and a buy signal from the Supertrend indicator.
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