Is Marico technically bullish or bearish?

Aug 31 2025 08:04 AM IST
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As of 29 August 2025, Marico's trend has shifted to bullish, supported by strong monthly MACD and moving averages, despite mixed weekly indicators, with the current price at 726.05, above the previous close of 711.55.
As of 29 August 2025, the technical trend for Marico has changed from mildly bullish to bullish. The current stance is bullish with a strong indication from the monthly MACD and moving averages, both signaling bullish momentum. The weekly indicators show some mixed signals, with the MACD and KST being mildly bearish, but the overall trend remains supported by the bullish readings in the Dow Theory and OBV. The price is currently at 726.05, above the previous close of 711.55, reinforcing the bullish outlook.
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