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MARICOMARKET OUTLOOKSTOCK OUTLOOK

Marico Outlook for the Week (November 06, 2023 – November 10, 2023)

Marico
Marico
Marico closed the previous week on a negative note losing 4.38%.

Technically, Marico share price will see immediate support at 518.02 and immediate resistance would be seen at 541.92.

If Marico share price closes below immediate support of 518.02, then sharp breakdown can be seen. Marico share price will see major support at 507.98 for the week.

On the positive side, immediate resistance will be seen at 541.92. Closing above 541.92, Marico share price will see a sharp breakout. Major resistance for Marico share price will be seen at 555.78 for the week.

Trading range for Marico share price for this week should be between 494.12 on down side and 565.82 on up side.

Marico Previous Week High: 545.75

Marico Previous Week Low: 521.85

Marico Previous Week Range: 23.9 Points

Marico share price support and resistance for the week (November 06, 2023 – November 10, 2023)

Level Type Value
Resistance 3 565.82
Resistance 2 555.78
Resistance 1 541.92
Support 1 518.02
Support 2 507.98
Support 3 494.12
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