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AALGO BREATHS I SEBI RA

16th Sep · SEBI Registration INH000019886

Marico Ltd – Bullish Reversal Near Key Support Zone

MARICO
The stock is showing fresh buying interest after a sharp correction near key support, with a strong bullish candle indicating possible short-term recovery. 🔎 Technical Observations: • Correction followed by support near ₹790–805 • Strong bullish candle from support zone • Fresh buying visible with volume • Momentum showing early recovery signs • ₹835–850 zone remains key resistance 🔑 Key Levels to Watch: • Immediate Support: ₹805 – ₹790 • Major Support: ₹774 – ₹758 • Immediate Resistance: ₹835 – ₹851 🚀 Upside Targets: • ₹835 • ₹851 • ₹866 • ₹881+ 📉 Risk Scenario: Breakdown below ₹790 may weaken the setup and lead to further downside towards ₹774–758. 📈 Trading View: 👉 Buying interest visible near support 👉 Sustained move above ₹835 can trigger fresh bullish momentum towards higher levels ⚠️ For educational purposes only. Not a buy/sell recommendation. — AALGO BREATHS 📊

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