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MARICOMARKET OUTLOOKSTOCK OUTLOOK

Marico Outlook for the Week (April 15, 2024 – April 19, 2024)

Marico
Marico
Marico closed the previous week on a negative note losing 2.66%.

Technically, Marico share price will see immediate support at 507.47 and immediate resistance would be seen at 521.32.

If Marico share price closes below immediate support of 507.47, then sharp breakdown can be seen. Marico share price will see major support at 500.38 for the week.

On the positive side, immediate resistance will be seen at 521.32. Closing above 521.32, Marico share price will see a sharp breakout. Major resistance for Marico share price will be seen at 528.08 for the week.

Trading range for Marico share price for this week should be between 493.62 on down side and 535.17 on up side.

Marico Previous Week High: 521

Marico Previous Week Low: 507.15

Marico Previous Week Range: 13.85 Points

Marico share price support and resistance for the week (April 15, 2024 – April 19, 2024)

Level Type Value
Resistance 3 535.17
Resistance 2 528.08
Resistance 1 521.32
Support 1 507.47
Support 2 500.38
Support 3 493.62
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