Is Marico technically bullish or bearish?

Aug 30 2025 08:05 AM IST
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As of August 29, 2025, Marico's technical trend has shifted to bullish, supported by strong daily moving averages and monthly indicators, despite some mildly bearish signals in the weekly MACD and KST.
As of 29 August 2025, the technical trend for Marico has changed from mildly bullish to bullish. The current stance is bullish with strong indicators supporting this view. The daily moving averages are bullish, and both the monthly Bollinger Bands and Dow Theory confirm a bullish outlook. Despite the weekly MACD and KST showing mildly bearish signals, the overall monthly indicators, including MACD and OBV, remain bullish. The stock has also outperformed the Sensex in various time frames, particularly year-to-date and over the past year.
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