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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 2024-03-20 View latest technical analysis

10 day averaged volume of Marico is 1819588

Date	Daily Closing Price	Open	High	Low	Volume
20 Wed Mar 2024	492.60	490.05	496.40	487.30	0.45 times
19 Tue Mar 2024	490.05	496.00	497.45	486.30	1.012 times
18 Mon Mar 2024	497.50	500.15	502.75	496.00	0.727 times
15 Fri Mar 2024	500.15	507.00	509.65	496.50	1.512 times
14 Thu Mar 2024	506.05	496.15	509.15	492.15	1.278 times
13 Wed Mar 2024	496.15	504.90	511.70	494.65	1.219 times
12 Tue Mar 2024	503.60	509.20	510.50	501.00	0.441 times
11 Mon Mar 2024	509.20	514.60	515.00	508.10	0.836 times
07 Thu Mar 2024	514.60	504.00	517.75	503.35	1.005 times
06 Wed Mar 2024	505.65	511.60	512.05	504.05	0.694 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 500, but if it comes above 500, then a intra day buy could be more profitable.
If you take a sell trade below 500, then use 500 as stoploss and 483.5 as target. However if you take a buy trade in stock , then use 500 as stoploss and 513.74 as target.

Share price targets for Marico (MARICO)

Target Type	Value
Downside Target	486.30
Upside Target	502.75
Upside Target	523.50
Upside Target	529.90
Upside Target	532.80
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	485.02
Downside Intraday Target	477.43
Upside Intraday Target	501.47
Upside Intraday Target	510.33
Upside Intraday Target	493.88

Weekly technical analysis of Marico (MARICO)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Wed Mar 2024	492.60	500.15	502.75	486.30	0.414 times
15 Fri Mar 2024	500.15	514.60	515.00	492.15	1.371 times
07 Thu Mar 2024	514.60	529.00	529.90	503.35	0.585 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

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
20 Wed Mar 2024	492.60	523.25	529.90	486.30	0.61 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Marico ( (MARICO) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Marico ( (MARICO) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Marico stock for short term is SELL. Signal strength is Strong and stock is losing 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 moving up

CCI has generated a buy signal for Marico in short term but BUY signal is weak.

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

MRSI is in negative zone. This is the SELL 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 501.74 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.