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MARICOMARKET OUTLOOKSTOCK OUTLOOK

Marico Outlook for the Week (November 13, 2023 – November 17, 2023)

Marico
Marico
Marico closed the previous week on a negative note losing 3.86%.

Technically, Marico share price will see immediate support at 512.67 and immediate resistance would be seen at 533.42.

If Marico share price closes below immediate support of 512.67, then sharp breakdown can be seen. Marico share price will see major support at 504.08 for the week.

On the positive side, immediate resistance will be seen at 533.42. Closing above 533.42, Marico share price will see a sharp breakout. Major resistance for Marico share price will be seen at 545.58 for the week.

Trading range for Marico share price for this week should be between 491.92 on down side and 554.17 on up side.

Marico Previous Week High: 537

Marico Previous Week Low: 516.25

Marico Previous Week Range: 20.75 Points

Marico share price support and resistance for the week (November 13, 2023 – November 17, 2023)

Level Type Value
Resistance 3 554.17
Resistance 2 545.58
Resistance 1 533.42
Support 1 512.67
Support 2 504.08
Support 3 491.92
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