Signals, Powered By EquityPandit
Marico closed the previous week on a negative note losing 3.61%.
Technically, Marico share price will see immediate support at 536.43 and immediate resistance would be seen at 556.53.
If Marico share price closes below immediate support of 536.43, then sharp breakdown can be seen. Marico share price will see major support at 526.87 for the week.
On the positive side, immediate resistance will be seen at 556.53. Closing above 556.53, Marico share price will see a sharp breakout. Major resistance for Marico share price will be seen at 567.07 for the week.
Trading range for Marico share price for this week should be between 516.33 on down side and 576.63 on up side.
Marico Previous Week High: 557.5
Marico Previous Week Low: 537.4
Marico Previous Week Range: 20.1 Points
Marico share price support and resistance for the week (January 08, 2024 – January 12, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 576.63 |
| Resistance 2 | 567.07 |
| Resistance 1 | 556.53 |
| Support 1 | 536.43 |
| Support 2 | 526.87 |
| Support 3 | 516.33 |
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