Abhyuday01

Marico's ITC moment.

Long
Abhyuday01 Updated   
NSE:MARICO   MARICO LTD
Finally the FMCG counter ready to go above its 2021 highs. A new all time high will open the blue sky zone for the stock. Strong fundamentals, well known brands are the key growth leaders for the company.
Comment:
Even on the worst days as election results, this stock remained green. Sector remained strong, there is more to come but for now target is reached. Re-test on cards, waiting to find re-entry levels in this.
Trade closed: target reached:
10% move done but there is more to come. Keep holding. Strong fundamentals and new launches will continue to boost growth.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.