MARICO | TECHNO-FUNDA ANALYSIS

Marico Ltd – 1D

Trend: Stock has formed a double bottom near ₹680 and rebounded strongly. It is now testing a supply zone around ₹740 and approaching a fresh breakout point at ₹759.25. Key IMP Levels- Supply Level: ₹740.30 Fresh Breakout Level: ₹759.25 Strong Base / Double Bottom Support: ₹680.00 Fundamentals (Key Points): 🧴 FMCG major with consistent performance across core categories (Parachute, Saffola, etc.). 💹 Margin recovery visible due to softening input costs. 📊 Steady revenue growth with healthy domestic and international presence. 💰 High ROE and consistent dividend payout make it investor-friendly. ⚠️ Volume growth recovery remains key for sustained momentum. Final Verdict: Positive to Bullish — A breakout above ₹760 can confirm trend reversal; strong buying expected above that zone.