Signals, Powered By EquityPandit
Marico closed the previous week on a negative note losing 3.00%.
Technically, Marico share price will see immediate support at 507.77 and immediate resistance would be seen at 523.32.
If Marico share price closes below immediate support of 507.77, then sharp breakdown can be seen. Marico share price will see major support at 497.68 for the week.
On the positive side, immediate resistance will be seen at 523.32. Closing above 523.32, Marico share price will see a sharp breakout. Major resistance for Marico share price will be seen at 528.78 for the week.
Trading range for Marico share price for this week should be between 492.22 on down side and 538.87 on up side.
Marico Previous Week High: 518.7
Marico Previous Week Low: 503.15
Marico Previous Week Range: 15.55 Points
Marico share price support and resistance for the week (April 29, 2024 – May 03, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 538.87 |
| Resistance 2 | 528.78 |
| Resistance 1 | 523.32 |
| Support 1 | 507.77 |
| Support 2 | 497.68 |
| Support 3 | 492.22 |
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