Marico Outlook for the Week (August 14, 2023 - August 18, 2023)

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

Technically, Marico share price will see immediate support at 570.17 and immediate resistance would be seen at 585.82.

If Marico share price closes below immediate support of 570.17, then sharp breakdown can be seen. Marico share price will see major support at 563.38 for the week.

On the positive side, immediate resistance will be seen at 585.82. Closing above 585.82, Marico share price will see a sharp breakout. Major resistance for Marico share price will be seen at 594.68 for the week.

Trading range for Marico share price for this week should be between 554.52 on down side and 601.47 on up side.

Marico Previous Week High: 587.9

Marico Previous Week Low: 572.25

Marico Previous Week Range: 15.65 Points

Marico share price support and resistance for the week (August 14, 2023 – August 18, 2023)

Level Type	Value
Resistance 3	601.47
Resistance 2	594.68
Resistance 1	585.82
Support 1	570.17
Support 2	563.38
Support 3	554.52

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{"buy_point":[{"en_ltd":"2023-07-12","en_sup_p_91":"533.89","en_sup_t_91":"523.67","prev_close":"531.55","en_close":"537.75","new_date":"Jul 12","prev_close_no":531},{"en_ltd":"2023-07-05","en_sup_p_91":"535.30","en_sup_t_91":"521.44","prev_close":"526.45","en_close":"538.55","new_date":"Jul 5","prev_close_no":526}],"sell_point":[{"en_ltd":"2023-07-07","en_sup_p_91":"522.34","en_sup_t_91":"533.89","prev_close":"527.70","en_close":"517.05","new_date":"Jul 7","prev_close_no":527}]}

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Marico Outlook for the Week (August 14, 2023 – August 18, 2023)

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