Signals, Powered By EquityPandit
Marico closed the previous week on a negative note losing 4.17%.
Technically, Marico share price will see immediate support at 571.73 and immediate resistance would be seen at 596.38.
If Marico share price closes below immediate support of 571.73, then sharp breakdown can be seen. Marico share price will see major support at 556.82 for the week.
On the positive side, immediate resistance will be seen at 596.38. Closing above 596.38, Marico share price will see a sharp breakout. Major resistance for Marico share price will be seen at 606.12 for the week.
Trading range for Marico share price for this week should be between 547.08 on down side and 621.03 on up side.
Marico Previous Week High: 591.2
Marico Previous Week Low: 566.55
Marico Previous Week Range: 24.65 Points
Marico share price support and resistance for the week (September 11, 2023 – September 15, 2023)
| Level Type | Value |
|---|---|
| Resistance 3 | 621.03 |
| Resistance 2 | 606.12 |
| Resistance 1 | 596.38 |
| Support 1 | 571.73 |
| Support 2 | 556.82 |
| Support 3 | 547.08 |
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