Is Marico technically bullish or bearish?

Aug 05 2025 08:13 AM IST
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As of August 4, 2025, the trend is bullish with moderate strength, supported by a bullish monthly MACD and daily moving averages, despite some short-term caution from weekly indicators.
As of 4 August 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with moderate strength. The monthly MACD is bullish, supporting the overall positive trend, while the weekly MACD and KST are mildly bearish, indicating some short-term caution. The daily moving averages are bullish, reinforcing the upward momentum. Bollinger Bands on both weekly and monthly time frames are also bullish. The stock has shown strong performance relative to the Sensex over the year and year-to-date, further supporting the bullish outlook.
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