Signals, Powered By EquityPandit
Marico closed the previous week on a negative note losing 2.42%.
Technically, Marico share price will see immediate support at 518.50 and immediate resistance would be seen at 531.40.
If Marico share price closes below immediate support of 518.50, then sharp breakdown can be seen. Marico share price will see major support at 512.75 for the week.
On the positive side, immediate resistance will be seen at 531.40. Closing above 531.40, Marico share price will see a sharp breakout. Major resistance for Marico share price will be seen at 538.55 for the week.
Trading range for Marico share price for this week should be between 505.60 on down side and 544.30 on up side.
Marico Previous Week High: 532.8
Marico Previous Week Low: 519.9
Marico Previous Week Range: 12.9 Points
Marico share price support and resistance for the week (March 04, 2024 – March 08, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 544.30 |
| Resistance 2 | 538.55 |
| Resistance 1 | 531.40 |
| Support 1 | 518.50 |
| Support 2 | 512.75 |
| Support 3 | 505.60 |
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