#Marico 2.5 year Breakout

1. The stock has recently hit a high of 613.70 and closed at 608.15.
2. The recent large green volume bar suggests strong buying interest.
3. The Supertrend indicator is showing a value below CMP, which indicates the trend is currently bullish as the price is well above this level.
4. The price is well above all the EMA lines, indicating a strong uptrend.
5. The RSI is above 60, which is in the overbought territory (I consider it bullish).
6. The RS line shows the stock's relative strength compared to different NIFTY indices. The stock appears to have been underperforming relative to these indices until recently, where there seems to be an upward movement indicating improving relative performance.

Overall, Marico Ltd. appears to be in a strong uptrend.

### Disclaimer:
This analysis is for informational purposes only and should not be considered financial advice. Trading stocks involves risk, and you should perform your own research or consult with a qualified financial advisor before making any investment decisions. The author does not hold any positions in the mentioned stock at the time of this analysis.