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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 2024-06-06 View latest technical analysis

10 day averaged volume of Marico is 4236210

Date	Daily Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	637.85	646.80	650.00	626.55	0.523 times
05 Wed Jun 2024	645.50	621.45	667.20	618.10	3.19 times
04 Tue Jun 2024	614.55	602.00	620.00	588.25	2.147 times
03 Mon Jun 2024	594.10	609.00	609.00	592.00	0.439 times
31 Fri May 2024	595.55	597.25	603.50	591.55	1.016 times
30 Thu May 2024	597.25	601.05	604.90	590.65	0.302 times
29 Wed May 2024	605.45	608.00	615.00	601.75	0.532 times
28 Tue May 2024	608.10	607.00	615.90	602.85	0.737 times
27 Mon May 2024	602.55	612.90	612.90	600.60	0.413 times
24 Fri May 2024	604.00	606.60	606.60	596.25	0.435 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 635.2, for a target of 617.7 or 603.12

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	590.65
Downside Target	598.50
Downside Target	612.40
Downside Target	613.70
Downside Target	615.90
Upside Target	667.20

Intraday share price targets for Marico (MARICO)

Target Type	Value
Downside Intraday Target	595
Downside Intraday Target	552.15
Upside Intraday Target	673.95
Upside Intraday Target	710.05
Downside Intraday Target	631.1

Weekly technical analysis of Marico (MARICO)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	637.85	609.00	667.20	588.25	2.1 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 up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Marico (MARICO)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	637.85	609.00	667.20	588.25	0.274 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 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 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.

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 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.

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 BUY signal for Marico in short term and the buy signal is strong.

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 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 but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 620.54 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.