Signals, Powered By EquityPandit
Marico closed the previous week on a negative note losing 2.52%.
Technically, Marico share price will see immediate support at 535.33 and immediate resistance would be seen at 549.18.
If Marico share price closes below immediate support of 535.33, then sharp breakdown can be seen. Marico share price will see major support at 529.07 for the week.
On the positive side, immediate resistance will be seen at 549.18. Closing above 549.18, Marico share price will see a sharp breakout. Major resistance for Marico share price will be seen at 556.77 for the week.
Trading range for Marico share price for this week should be between 521.48 on down side and 563.03 on up side.
Marico Previous Week High: 550.5
Marico Previous Week Low: 536.65
Marico Previous Week Range: 13.85 Points
Marico share price support and resistance for the week (October 23, 2023 – October 27, 2023)
| Level Type | Value |
|---|---|
| Resistance 3 | 563.03 |
| Resistance 2 | 556.77 |
| Resistance 1 | 549.18 |
| Support 1 | 535.33 |
| Support 2 | 529.07 |
| Support 3 | 521.48 |
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