Signals, Powered By EquityPandit
Marico closed the previous week on a negative note losing 9.81%.
Technically, Marico share price will see immediate support at 517.73 and immediate resistance would be seen at 576.08.
If Marico share price closes below immediate support of 517.73, then sharp breakdown can be seen. Marico share price will see major support at 498.02 for the week.
On the positive side, immediate resistance will be seen at 576.08. Closing above 576.08, Marico share price will see a sharp breakout. Major resistance for Marico share price will be seen at 614.72 for the week.
Trading range for Marico share price for this week should be between 459.38 on down side and 634.43 on up side.
Marico Previous Week High: 595
Marico Previous Week Low: 536.65
Marico Previous Week Range: 58.35 Points
Marico share price support and resistance for the week (October 09, 2023 – October 13, 2023)
| Level Type | Value |
|---|---|
| Resistance 3 | 634.43 |
| Resistance 2 | 614.72 |
| Resistance 1 | 576.08 |
| Support 1 | 517.73 |
| Support 2 | 498.02 |
| Support 3 | 459.38 |
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