Signals, Powered By EquityPandit
Marico closed the previous week on a negative note losing 5.24%.
Technically, Marico share price will see immediate support at 549.52 and immediate resistance would be seen at 580.27.
If Marico share price closes below immediate support of 549.52, then sharp breakdown can be seen. Marico share price will see major support at 537.38 for the week.
On the positive side, immediate resistance will be seen at 580.27. Closing above 580.27, Marico share price will see a sharp breakout. Major resistance for Marico share price will be seen at 598.88 for the week.
Trading range for Marico share price for this week should be between 518.77 on down side and 611.02 on up side.
Marico Previous Week High: 586.75
Marico Previous Week Low: 556
Marico Previous Week Range: 30.75 Points
Marico share price support and resistance for the week (October 02, 2023 – October 06, 2023)
| Level Type | Value |
|---|---|
| Resistance 3 | 611.02 |
| Resistance 2 | 598.88 |
| Resistance 1 | 580.27 |
| Support 1 | 549.52 |
| Support 2 | 537.38 |
| Support 3 | 518.77 |
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