Signals, Powered By EquityPandit
Marico closed the previous week on a negative note losing 13.41%.
Technically, Marico share price will see immediate support at 537.43 and immediate resistance would be seen at 617.68.
If Marico share price closes below immediate support of 537.43, then sharp breakdown can be seen. Marico share price will see major support at 487.72 for the week.
On the positive side, immediate resistance will be seen at 617.68. Closing above 617.68, Marico share price will see a sharp breakout. Major resistance for Marico share price will be seen at 648.22 for the week.
Trading range for Marico share price for this week should be between 457.18 on down side and 697.93 on up side.
Marico Previous Week High: 598.5
Marico Previous Week Low: 518.25
Marico Previous Week Range: 80.25 Points
Marico share price support and resistance for the week (May 13, 2024 – May 17, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 697.93 |
| Resistance 2 | 648.22 |
| Resistance 1 | 617.68 |
| Support 1 | 537.43 |
| Support 2 | 487.72 |
| Support 3 | 457.18 |
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