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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 2024-03-22 View latest technical analysis

10 day averaged volume of Marico is 1690313

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	497.75	501.00	504.00	495.00	0.645 times
21 Thu Mar 2024	500.70	495.00	501.50	491.55	0.871 times
20 Wed Mar 2024	492.60	490.05	496.40	487.30	0.484 times
19 Tue Mar 2024	490.05	496.00	497.45	486.30	1.089 times
18 Mon Mar 2024	497.50	500.15	502.75	496.00	0.783 times
15 Fri Mar 2024	500.15	507.00	509.65	496.50	1.628 times
14 Thu Mar 2024	506.05	496.15	509.15	492.15	1.376 times
13 Wed Mar 2024	496.15	504.90	511.70	494.65	1.312 times
12 Tue Mar 2024	503.60	509.20	510.50	501.00	0.475 times
11 Mon Mar 2024	509.20	514.60	515.00	508.10	0.9 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 497.9, but if it comes above 497.9, then a intra day buy could be more profitable.
If you take a sell trade below 497.9, then use 497.9 as stoploss and 483 as target. However if you take a buy trade in stock , then use 497.9 as stoploss and 510.21 as target.

Share price targets for Marico (MARICO)

Target Type	Value
Downside Target	486.30
Upside Target	503.35
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	488.03
Downside Intraday Target	478.32
Upside Intraday Target	505.73
Upside Intraday Target	513.72
Downside Intraday Target	496.02

Weekly technical analysis of Marico (MARICO)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	497.75	500.15	504.00	486.30	0.68 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
22 Fri Mar 2024	497.75	523.25	529.90	486.30	0.68 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 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 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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Marico Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 buy signal for Marico in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 499.61 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.