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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 2024-03-06 View latest technical analysis

10 day averaged volume of Marico is 1913180

Date	Daily Closing Price	Open	High	Low	Volume
06 Wed Mar 2024	505.65	511.60	512.05	504.05	0.66 times
05 Tue Mar 2024	518.50	524.05	525.10	517.10	1.214 times
04 Mon Mar 2024	524.05	529.00	529.90	522.00	0.839 times
02 Sat Mar 2024	528.45	525.00	529.90	524.00	0.044 times
01 Fri Mar 2024	524.25	523.25	526.50	522.20	0.74 times
29 Thu Feb 2024	522.60	523.35	526.60	520.15	1.876 times
28 Wed Feb 2024	523.35	523.25	525.95	520.70	1.217 times
27 Tue Feb 2024	523.25	527.00	527.45	519.90	1.728 times
26 Mon Feb 2024	525.65	525.10	532.80	525.00	0.664 times
23 Fri Feb 2024	530.15	539.50	540.65	528.75	1.094 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 509.9, for a target of 518.4 or 525.51

Share price targets for Marico (MARICO)

Target Type	Value
Downside Target	504.05
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	496.5
Downside Intraday Target	487.35
Upside Intraday Target	522.35
Upside Intraday Target	539.05
Upside Intraday Target	513.2

Weekly technical analysis of Marico (MARICO)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Wed Mar 2024	505.65	529.00	529.90	504.05	0.433 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
06 Wed Mar 2024	505.65	523.25	529.90	504.05	0.184 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 down 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Marico ( (MARICO) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Marico ( (MARICO) ) based on a mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

ADX buy sell signal for Marico stock for short term is SELL. Signal strength is Strong 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 getting stronger in this stock.

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

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 522.49 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 negative.

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