Marico Outlook for the Week (August 07, 2023 - August 11, 2023)

Marico closed the previous week on a negative note losing 4.67%.

Technically, Marico share price will see immediate support at 559.98 and immediate resistance would be seen at 587.13.

If Marico share price closes below immediate support of 559.98, then sharp breakdown can be seen. Marico share price will see major support at 543.77 for the week.

On the positive side, immediate resistance will be seen at 587.13. Closing above 587.13, Marico share price will see a sharp breakout. Major resistance for Marico share price will be seen at 598.07 for the week.

Trading range for Marico share price for this week should be between 532.83 on down side and 614.28 on up side.

Marico Previous Week High: 581.85

Marico Previous Week Low: 554.7

Marico Previous Week Range: 27.15 Points

Marico share price support and resistance for the week (August 07, 2023 – August 11, 2023)

Level Type	Value
Resistance 3	614.28
Resistance 2	598.07
Resistance 1	587.13
Support 1	559.98
Support 2	543.77
Support 3	532.83

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Marico Outlook for the Week (August 07, 2023 – August 11, 2023)

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