Marico Limited

Analysis: Upward Parallel Channel+ Mini Channel+ Moving Average

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Point to understand:
The price continuously moving in upward channel pattern and taking a key support at moving average.

Within a broader channel, multiple mini parallel channel were formed and moving the price to higher high.

The delivery percentage of stock is quite high in past few weeks.

Entry will be at broader channel breakout

Disclaimer: Consult your financial advisor before trading or investing

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