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MARICOMARKET OUTLOOKSTOCK OUTLOOK

Marico Outlook for the Week (January 22, 2024 – January 26, 2024)

Marico
Marico
Marico closed the previous week on a negative note losing 3.21%.

Technically, Marico share price will see immediate support at 520.40 and immediate resistance would be seen at 537.55.

If Marico share price closes below immediate support of 520.40, then sharp breakdown can be seen. Marico share price will see major support at 510.55 for the week.

On the positive side, immediate resistance will be seen at 537.55. Closing above 537.55, Marico share price will see a sharp breakout. Major resistance for Marico share price will be seen at 544.85 for the week.

Trading range for Marico share price for this week should be between 503.25 on down side and 554.70 on up side.

Marico Previous Week High: 535

Marico Previous Week Low: 517.85

Marico Previous Week Range: 17.15 Points

Marico share price support and resistance for the week (January 22, 2024 – January 26, 2024)

Level Type Value
Resistance 3 554.70
Resistance 2 544.85
Resistance 1 537.55
Support 1 520.40
Support 2 510.55
Support 3 503.25
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