Signals, Powered By EquityPandit
Marico closed the previous week on a negative note losing 4.44%.
Technically, Marico share price will see immediate support at 489.87 and immediate resistance would be seen at 512.72.
If Marico share price closes below immediate support of 489.87, then sharp breakdown can be seen. Marico share price will see major support at 479.58 for the week.
On the positive side, immediate resistance will be seen at 512.72. Closing above 512.72, Marico share price will see a sharp breakout. Major resistance for Marico share price will be seen at 525.28 for the week.
Trading range for Marico share price for this week should be between 467.02 on down side and 535.57 on up side.
Marico Previous Week High: 515
Marico Previous Week Low: 492.15
Marico Previous Week Range: 22.85 Points
Marico share price support and resistance for the week (March 18, 2024 – March 22, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 535.57 |
| Resistance 2 | 525.28 |
| Resistance 1 | 512.72 |
| Support 1 | 489.87 |
| Support 2 | 479.58 |
| Support 3 | 467.02 |
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