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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 2024-06-03 View latest technical analysis

10 day averaged volume of Marico is 2498878

Date	Daily Closing Price	Open	High	Low	Volume
03 Mon Jun 2024	594.10	609.00	609.00	592.00	0.744 times
31 Fri May 2024	595.55	597.25	603.50	591.55	1.722 times
30 Thu May 2024	597.25	601.05	604.90	590.65	0.512 times
29 Wed May 2024	605.45	608.00	615.00	601.75	0.901 times
28 Tue May 2024	608.10	607.00	615.90	602.85	1.25 times
27 Mon May 2024	602.55	612.90	612.90	600.60	0.7 times
24 Fri May 2024	604.00	606.60	606.60	596.25	0.737 times
23 Thu May 2024	608.15	607.15	613.70	601.90	1.339 times
22 Wed May 2024	602.70	591.00	608.30	590.20	1.843 times
21 Tue May 2024	590.15	592.00	597.50	585.00	0.959 times

My analysis of stock is bearish for shortterm, and stock might move down till 588.9 or till 580. Use a stoploss of 596.25 and if the stock hits stoploss, then it can shoot up till 603.63

Share price targets for Marico (MARICO)

Target Type	Value
Downside Target	486.30
Downside Target	510.45
Downside Target	554.70
Downside Target	582.30
Downside Target	592.00
Upside Target	598.50
Upside Target	609.00
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	587.73
Downside Intraday Target	581.37
Upside Intraday Target	604.73
Upside Intraday Target	615.37
Upside Intraday Target	598.37

Weekly technical analysis of Marico (MARICO)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Mon Jun 2024	594.10	609.00	609.00	592.00	0.146 times
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

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
03 Mon Jun 2024	594.10	609.00	609.00	592.00	0.019 times
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

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 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 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 gaining 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 in or below the green 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 BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 601.19 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.