- Share.Market
- 2 min read
- Published at : 20 Aug 2025 12:45 PM
- Modified at : 20 Aug 2025 01:22 PM
Varun Beverages Ltd. (CMP: ₹518 | Stop Loss: ₹475) gained 2% today, shaping up for a potential breakout above its 200-day moving average—a level closely watched by market participants. A MACD golden crossover is anticipated, while the RSI continues to trend upward, supporting a positive outlook.
However, volumes are currently contracting, suggesting that a stronger move may need participation confirmation. For now, the price structure looks constructive with ₹475 as a defined risk level.
Marico Ltd. (CMP: ₹743 | Stop Loss: ₹680) rose 2% today, extending momentum after a moving average golden crossover observed recently. On the charts, the MACD has moved above the signal line, while the RSI is also trending higher, reinforcing bullish signals. Steady volumes suggest a controlled uptrend rather than speculative activity.
With technical indicators aligning, Marico remains in a favorable setup as long as it holds above ₹680.
Note: Charts and prices are as of 12:30 PM.
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