Signals, Powered By EquityPandit
Marico closed the previous week on a negative note losing 3.15%.
Technically, Marico share price will see immediate support at 522.97 and immediate resistance would be seen at 539.87.
If Marico share price closes below immediate support of 522.97, then sharp breakdown can be seen. Marico share price will see major support at 513.03 for the week.
On the positive side, immediate resistance will be seen at 539.87. Closing above 539.87, Marico share price will see a sharp breakout. Major resistance for Marico share price will be seen at 546.83 for the week.
Trading range for Marico share price for this week should be between 506.07 on down side and 556.77 on up side.
Marico Previous Week High: 536.9
Marico Previous Week Low: 520
Marico Previous Week Range: 16.9 Points
Marico share price support and resistance for the week (January 15, 2024 – January 19, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 556.77 |
| Resistance 2 | 546.83 |
| Resistance 1 | 539.87 |
| Support 1 | 522.97 |
| Support 2 | 513.03 |
| Support 3 | 506.07 |
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