Marico leading the FMCG pack; likely to hit fresh record highs

“Marico has maintained its positive bias despite the broader market correction, forming a higher base after retesting support near its medium-term moving average, the 100-day WEMA. Traders can buy for a target of Rs 770 in the next 1-2 months,” Ajit Mishra – SVP, Research, Religare Broking Ltd.
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