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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 2024-05-31 View latest technical analysis

10 day averaged volume of Marico is 2296557

Date	Daily Closing Price	Open	High	Low	Volume
31 Fri May 2024	595.55	597.25	603.50	591.55	1.874 times
30 Thu May 2024	597.25	601.05	604.90	590.65	0.558 times
29 Wed May 2024	605.45	608.00	615.00	601.75	0.981 times
28 Tue May 2024	608.10	607.00	615.90	602.85	1.36 times
27 Mon May 2024	602.55	612.90	612.90	600.60	0.761 times
24 Fri May 2024	604.00	606.60	606.60	596.25	0.802 times
23 Thu May 2024	608.15	607.15	613.70	601.90	1.457 times
22 Wed May 2024	602.70	591.00	608.30	590.20	2.005 times
21 Tue May 2024	590.15	592.00	597.50	585.00	1.044 times
18 Sat May 2024	594.55	597.00	599.90	591.10	0.04 times

My analysis of stock is bullish for shortterm, and stock might move up till 609.2 or till 628.6. Use a stoploss of 593.06 and if this stock hits its stoploss, then it can fall down till 576.89

Share price targets for Marico (MARICO)

Target Type	Value
Downside Target	486.30
Downside Target	508.60
Downside Target	554.70
Downside Target	582.30
Downside Target	585.00
Downside Target	590.65
Upside Target	598.50
Upside Target	612.40
Upside Target	613.70
Upside Target	615.90

Intraday share price targets for Marico (MARICO)

Target Type	Value
Downside Intraday Target	585.5
Downside Intraday Target	575.45
Upside Intraday Target	610.75
Upside Intraday Target	625.95
Upside Intraday Target	600.7

Weekly technical analysis of Marico (MARICO)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Fri May 2024	595.55	612.90	615.90	590.65	1.043 times
24 Fri May 2024	604.00	592.00	613.70	585.00	0.816 times
18 Sat May 2024	594.55	590.85	612.40	582.30	0.269 times
10 Fri May 2024	587.15	520.90	598.50	518.25	11.114 times
03 Fri May 2024	516.90	520.50	524.00	510.45	0.726 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
31 Fri May 2024	595.55	517.50	615.90	510.45	3.533 times
30 Tue Apr 2024	518.00	497.20	524.00	490.55	0.951 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

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Marico ( (MARICO) ) based on a mid to longer 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.

ADX buy sell signal for Marico stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

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

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 getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 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 601.69 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.