In the Month of October 2021, Marico Stock registered All time High Price of Rs 607.7.
Even after two years, stock has never touched that price.
Marico Stock Price once breaks the all time high, you can enter the stock.
In technical terms we can say that, Marico stock has created a Channel Pattern. If the price breaks the channel , then you can punch your order.
It may take few weeks or months or years to break the all time high price [ Channel]. So keep this stock in your watchlist.
![marico Share price](https://knowaboutmarket.com/wp-content/uploads/2024/01/marico-stock-price-1024x659.png)
In general price momentum can be seen only after a breakout. [ May be its trendline breakout or channel break out or anything].
After few years of consolidation, if the price breaks all time high, we can expect a sharp price movement.
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