Marico Outlook for the Week (August 28, 2023 - September 01, 2023)

Marico closed the previous week on a negative note losing 4.34%.

Technically, Marico share price will see immediate support at 547.23 and immediate resistance would be seen at 571.98.

If Marico share price closes below immediate support of 547.23, then sharp breakdown can be seen. Marico share price will see major support at 534.27 for the week.

On the positive side, immediate resistance will be seen at 571.98. Closing above 571.98, Marico share price will see a sharp breakout. Major resistance for Marico share price will be seen at 583.77 for the week.

Trading range for Marico share price for this week should be between 522.48 on down side and 596.73 on up side.

Marico Previous Week High: 570.8

Marico Previous Week Low: 546.05

Marico Previous Week Range: 24.75 Points

Marico share price support and resistance for the week (August 28, 2023 – September 01, 2023)

Level Type	Value
Resistance 3	596.73
Resistance 2	583.77
Resistance 1	571.98
Support 1	547.23
Support 2	534.27
Support 3	522.48

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{"buy_point":[{"en_ltd":"2023-08-24","en_sup_p_91":"562.98","en_sup_t_91":"548.72","prev_close":"553.45","en_close":"563.50","new_date":"Aug 24","prev_close_no":553}],"sell_point":[{"en_ltd":"2023-08-14","en_sup_p_91":"569.07","en_sup_t_91":"580.38","prev_close":"576.95","en_close":"568.10","new_date":"Aug 14","prev_close_no":576}]}

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Marico Outlook for the Week (August 28, 2023 – September 01, 2023)

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