Signals, Powered By EquityPandit
Marico closed the previous week on a negative note losing 4.68%.
Technically, Marico share price will see immediate support at 588.10 and immediate resistance would be seen at 616.80.
If Marico share price closes below immediate support of 588.10, then sharp breakdown can be seen. Marico share price will see major support at 572.20 for the week.
On the positive side, immediate resistance will be seen at 616.80. Closing above 616.80, Marico share price will see a sharp breakout. Major resistance for Marico share price will be seen at 629.60 for the week.
Trading range for Marico share price for this week should be between 559.40 on down side and 645.50 on up side.
Marico Previous Week High: 613.7
Marico Previous Week Low: 585
Marico Previous Week Range: 28.7 Points
Marico share price support and resistance for the week (May 27, 2024 – May 31, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 645.50 |
| Resistance 2 | 629.60 |
| Resistance 1 | 616.80 |
| Support 1 | 588.10 |
| Support 2 | 572.20 |
| Support 3 | 559.40 |
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