MARICO - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 19 Sept 25, 2:16 pm

Technical Rating: 4.1

Here’s a detailed technical analysis of Marico Ltd (MARICO) based on current chart indicators and price behavior

📊 Trend Overview

Current Trend: Mildly bullish

Phase: Consolidating near resistance

Bias: Neutral to bullish, supported by strong fundamentals and improving technicals

📈 Technical Indicators Analysis

🔹 Moving Averages

50 DMA: ₹722

200 DMA: ₹689

Current Price: ₹720

Price is hovering near 50 DMA and above 200 DMA → suggests consolidation with bullish undertone

Golden cross (50 DMA > 200 DMA) remains intact

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🔹 RSI (Relative Strength Index)

RSI: 46.4

Neutral zone → no overbought/oversold signal

Indicates lack of strong momentum, but room for upside

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🔹 MACD (Moving Average Convergence Divergence)

MACD: 0.60

Slightly positive → mild bullish signal

Histogram is flat → momentum is weak but stable

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🔹 Bollinger Bands

Price is near middle band → consolidation zone

Bands are moderately tight → low volatility

No breakout or squeeze pattern currently

🔹 Volume Trends

Current Volume: 24.13 lakh

1-Week Avg Volume: 26.48 lakh

Slightly below average → suggests lack of strong participation

No signs of accumulation or distribution

📌 Support & Resistance Levels

Level Price (₹) Commentary

Support 1 710 Minor pullback zone

Support 2 689 200 DMA, strong base

Resistance 1 735 Recent swing high

Resistance 2 761 52-week high, major ceiling

🎯 Entry & Exit Zones

Optimal Entry Zone: ₹700–₹710 (on pullback near support)

Exit Zone / Profit Booking: ₹735–₹761 (resistance and breakout target)

🔍 Momentum Signals

Short-Term: Mild bullish momentum with consolidation

Medium-Term: Trending upward if price breaks ₹735 with volume

Volume: Needs improvement for sustained breakout

🧭 Conclusion

Marico is currently consolidating near its 50 DMA with a mild bullish bias. Technical indicators suggest stability, but a breakout above ₹735 with volume is needed to confirm trend continuation. Traders may consider entering near ₹700 with targets around ₹735–₹761.

Sources: ET Money Technicals

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, Investing.com India

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Would you like to compare Marico with other FMCG stocks like HUL or Dabur for sector rotation?

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www.etmoney.com

2

in.investing.com

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