MARICO

Marico – Swing

Important Levels: Support: 710 – 690 Resistance: 770 – 800 Structure: Consolidation within a primary uptrend Business: Leading FMCG player with brands across edible oils and personal care Strong domestic and international presence Defensive business with healthy cash generation Earnings: Management expects over 20% revenue growth in Q1, supported by strong performance across key businesses. Verdict: 👉 Defensive FMCG play 👉 Attractive swing setup