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(MARICO) Marico complete technical analysis [charts+indicators] | Buy/Sell Marico | (MARICO) share price targets

Complete technical analysis of Marico (MARICO) by charts plus indicators, forecast predictions and share price targets for Marico (MARICO)

Marico trades in NSE in Personal Products sector.

Showing technical analysis as on 2024-03-04 View latest technical analysis

10 day averaged volume of Marico is 2080685

Date	Daily Closing Price	Open	High	Low	Volume
04 Mon Mar 2024	524.05	529.00	529.90	522.00	0.771 times
02 Sat Mar 2024	528.45	525.00	529.90	524.00	0.04 times
01 Fri Mar 2024	524.25	523.25	526.50	522.20	0.68 times
29 Thu Feb 2024	522.60	523.35	526.60	520.15	1.725 times
28 Wed Feb 2024	523.35	523.25	525.95	520.70	1.119 times
27 Tue Feb 2024	523.25	527.00	527.45	519.90	1.589 times
26 Mon Feb 2024	525.65	525.10	532.80	525.00	0.611 times
23 Fri Feb 2024	530.15	539.50	540.65	528.75	1.006 times
22 Thu Feb 2024	539.00	545.00	545.20	537.75	0.538 times
21 Wed Feb 2024	538.70	536.65	540.80	533.65	2.114 times

My analysis of stock is bearish for shortterm, and stock might move down till 521.4 or till 515.1. Use a stoploss of 526.66 and if the stock hits stoploss, then it can shoot up till 531.9

Share price targets for Marico (MARICO)

Target Type	Value
Downside Target	508.60
Upside Target	529.90
Upside Target	532.80
Upside Target	534.35
Upside Target	545.20
Upside Target	545.75
Upside Target	553.85
Upside Target	554.70
Upside Target	557.50

Intraday share price targets for Marico (MARICO)

Target Type	Value
Downside Intraday Target	520.73
Downside Intraday Target	517.42
Upside Intraday Target	528.63
Upside Intraday Target	533.22
Upside Intraday Target	525.32

Weekly technical analysis of Marico (MARICO)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Mon Mar 2024	524.05	529.00	529.90	522.00	0.134 times
02 Sat Mar 2024	528.45	525.10	532.80	519.90	1.227 times
23 Fri Feb 2024	530.15	524.45	545.20	523.50	1.818 times
16 Fri Feb 2024	523.80	520.50	528.55	515.50	1.238 times
09 Fri Feb 2024	520.65	528.00	534.35	516.65	0.349 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Marico (MARICO)

Date	Monthly Closing Price	Open	High	Low	Volume
04 Mon Mar 2024	524.05	523.25	529.90	522.00	0.086 times
29 Thu Feb 2024	522.60	530.95	554.70	515.50	1.272 times
31 Wed Jan 2024	527.85	550.00	557.50	508.60	0.825 times
29 Fri Dec 2023	548.50	540.00	553.85	520.85	1.273 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Marico (MARICO)

Price action analysis of Marico ( (MARICO) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Marico ( (MARICO) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Marico ( (MARICO) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Marico ( (MARICO) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for Marico stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Marico in short term and the sell signal is strong.

Marico Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Marico in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Marico is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 528.16 and Marico (MARICO) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Marico (MARICO) stock. Volume based technical analysis of Marico (MARICO) stock is negative.

Marico Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.