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MARICOMARKET OUTLOOKSTOCK OUTLOOK

Marico Outlook for the Week (December 04, 2023 – December 08, 2023)

Marico
Marico
Marico closed the previous week on a negative note losing 3.74%.

Technically, Marico share price will see immediate support at 524.97 and immediate resistance would be seen at 545.22.

If Marico share price closes below immediate support of 524.97, then sharp breakdown can be seen. Marico share price will see major support at 513.03 for the week.

On the positive side, immediate resistance will be seen at 545.22. Closing above 545.22, Marico share price will see a sharp breakout. Major resistance for Marico share price will be seen at 553.53 for the week.

Trading range for Marico share price for this week should be between 504.72 on down side and 565.47 on up side.

Marico Previous Week High: 541.6

Marico Previous Week Low: 521.35

Marico Previous Week Range: 20.25 Points

Marico share price support and resistance for the week (December 04, 2023 – December 08, 2023)

Level Type Value
Resistance 3 565.47
Resistance 2 553.53
Resistance 1 545.22
Support 1 524.97
Support 2 513.03
Support 3 504.72
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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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