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Marico Outlook for the Week (September 18, 2023 – September 22, 2023)

Marico closed the previous week on a negative note losing 2.79%.

Technically, Marico share price will see immediate support at 573.02 and immediate resistance would be seen at 589.52.

If Marico share price closes below immediate support of 573.02, then sharp breakdown can be seen. Marico share price will see major support at 565.88 for the week.

On the positive side, immediate resistance will be seen at 589.52. Closing above 589.52, Marico share price will see a sharp breakout. Major resistance for Marico share price will be seen at 598.88 for the week.

Trading range for Marico share price for this week should be between 556.52 on down side and 606.02 on up side.

Marico Previous Week High: 591.75

Marico Previous Week Low: 575.25

Marico Previous Week Range: 16.5 Points

Marico share price support and resistance for the week (September 18, 2023 – September 22, 2023)

Level Type Value
Resistance 3 606.02
Resistance 2 598.88
Resistance 1 589.52
Support 1 573.02
Support 2 565.88
Support 3 556.52

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