Signals, Powered By EquityPandit
Marico closed the previous week on a negative note losing 4.92%.
Technically, Marico share price will see immediate support at 582.10 and immediate resistance would be seen at 612.20.
If Marico share price closes below immediate support of 582.10, then sharp breakdown can be seen. Marico share price will see major support at 567.15 for the week.
On the positive side, immediate resistance will be seen at 612.20. Closing above 612.20, Marico share price will see a sharp breakout. Major resistance for Marico share price will be seen at 627.35 for the week.
Trading range for Marico share price for this week should be between 552.00 on down side and 642.30 on up side.
Marico Previous Week High: 612.4
Marico Previous Week Low: 582.3
Marico Previous Week Range: 30.1 Points
Marico share price support and resistance for the week (May 20, 2024 – May 24, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 642.30 |
| Resistance 2 | 627.35 |
| Resistance 1 | 612.20 |
| Support 1 | 582.10 |
| Support 2 | 567.15 |
| Support 3 | 552.00 |
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