Signals, Powered By EquityPandit
Marico closed the previous week on a negative note losing 2.59%.
Technically, Marico share price will see immediate support at 510.23 and immediate resistance would be seen at 523.78.
If Marico share price closes below immediate support of 510.23, then sharp breakdown can be seen. Marico share price will see major support at 503.57 for the week.
On the positive side, immediate resistance will be seen at 523.78. Closing above 523.78, Marico share price will see a sharp breakout. Major resistance for Marico share price will be seen at 530.67 for the week.
Trading range for Marico share price for this week should be between 496.68 on down side and 537.33 on up side.
Marico Previous Week High: 524
Marico Previous Week Low: 510.45
Marico Previous Week Range: 13.55 Points
Marico share price support and resistance for the week (May 06, 2024 – May 10, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 537.33 |
| Resistance 2 | 530.67 |
| Resistance 1 | 523.78 |
| Support 1 | 510.23 |
| Support 2 | 503.57 |
| Support 3 | 496.68 |
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