Marico Outlook for the Week (August 21, 2023 - August 25, 2023)

Marico closed the previous week on a negative note losing 4.95%.

Technically, Marico share price will see immediate support at 540.22 and immediate resistance would be seen at 568.72.

If Marico share price closes below immediate support of 540.22, then sharp breakdown can be seen. Marico share price will see major support at 529.68 for the week.

On the positive side, immediate resistance will be seen at 568.72. Closing above 568.72, Marico share price will see a sharp breakout. Major resistance for Marico share price will be seen at 586.68 for the week.

Trading range for Marico share price for this week should be between 511.72 on down side and 597.22 on up side.

Marico Previous Week High: 576.15

Marico Previous Week Low: 547.65

Marico Previous Week Range: 28.5 Points

Marico share price support and resistance for the week (August 21, 2023 – August 25, 2023)

Level Type	Value
Resistance 3	597.22
Resistance 2	586.68
Resistance 1	568.72
Support 1	540.22
Support 2	529.68
Support 3	511.72

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{"buy_point":[{"en_ltd":"2023-07-12","en_sup_p_91":"533.89","en_sup_t_91":"523.67","prev_close":"531.55","en_close":"537.75","new_date":"Jul 12","prev_close_no":531}],"sell_point":[{"en_ltd":"2023-08-14","en_sup_p_91":"569.07","en_sup_t_91":"580.38","prev_close":"576.95","en_close":"568.10","new_date":"Aug 14","prev_close_no":576},{"en_ltd":"2023-07-07","en_sup_p_91":"522.34","en_sup_t_91":"533.89","prev_close":"527.70","en_close":"517.05","new_date":"Jul 7","prev_close_no":527}]}

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Marico Outlook for the Week (August 21, 2023 – August 25, 2023)

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