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MARICOMARKET OUTLOOKSTOCK OUTLOOK

Marico Outlook for the Week (November 20, 2023 – November 24, 2023)

Marico
Marico
Marico closed the previous week on a negative note losing 2.78%.

Technically, Marico share price will see immediate support at 520.40 and immediate resistance would be seen at 535.15.

If Marico share price closes below immediate support of 520.40, then sharp breakdown can be seen. Marico share price will see major support at 510.85 for the week.

On the positive side, immediate resistance will be seen at 535.15. Closing above 535.15, Marico share price will see a sharp breakout. Major resistance for Marico share price will be seen at 540.35 for the week.

Trading range for Marico share price for this week should be between 505.65 on down side and 549.90 on up side.

Marico Previous Week High: 530.8

Marico Previous Week Low: 516.05

Marico Previous Week Range: 14.75 Points

Marico share price support and resistance for the week (November 20, 2023 – November 24, 2023)

Level Type Value
Resistance 3 549.90
Resistance 2 540.35
Resistance 1 535.15
Support 1 520.40
Support 2 510.85
Support 3 505.65
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{"buy_point":[{"en_ltd":"2023-11-17","en_sup_p_91":"527.47","en_sup_t_91":"515.30","prev_close":"517.05","en_close":"529.95","new_date":"Nov 17","prev_close_no":517}],"sell_point":[]}

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