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 📊