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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 2024-04-08 View latest technical analysis

10 day averaged volume of Marico is 1338790

Date	Daily Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	519.00	511.50	521.00	509.90	1.458 times
05 Fri Apr 2024	509.50	494.50	510.85	493.05	2.508 times
04 Thu Apr 2024	491.50	499.25	499.25	490.55	0.723 times
03 Wed Apr 2024	496.05	501.25	501.80	495.20	0.563 times
02 Tue Apr 2024	499.00	497.00	499.90	496.00	0.497 times
01 Mon Apr 2024	495.80	497.20	504.90	494.70	0.597 times
28 Thu Mar 2024	497.20	496.40	499.95	490.80	1.4 times
27 Wed Mar 2024	494.80	499.00	499.45	492.60	0.572 times
26 Tue Mar 2024	496.55	491.05	499.70	491.05	1.226 times
22 Fri Mar 2024	497.75	501.00	504.00	495.00	0.814 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 516.9, for a target of 507.9 or 500.39

Share price targets for Marico (MARICO)

Target Type	Value
Downside Target	486.30
Downside Target	515.00
Downside Target	515.50
Upside Target	520.85
Upside Target	521.00
Upside Target	529.90
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	512.27
Downside Intraday Target	505.53
Upside Intraday Target	523.37
Upside Intraday Target	527.73
Downside Intraday Target	516.63

Weekly technical analysis of Marico (MARICO)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	519.00	511.50	521.00	509.90	0.298 times
05 Fri Apr 2024	509.50	497.20	510.85	490.55	1.528 times
28 Thu Mar 2024	497.20	491.05	499.95	490.80	0.654 times
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

Price has moved up 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
08 Mon Apr 2024	519.00	497.20	521.00	490.55	0.293 times
28 Thu Mar 2024	497.20	523.25	529.90	486.30	0.798 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

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 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 short to mid 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 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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Marico in short term but the buy signal is initial and weak.

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

Marico Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Marico in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 502.63 and Marico (MARICO) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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

Marico Stock is giving positive 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.