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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 2024-08-30 View latest technical analysis

10 day averaged volume of Marico is 1647414

Date	Daily Closing Price	Open	High	Low	Volume
30 Fri Aug 2024	647.15	659.05	664.70	644.75	4.745 times
29 Thu Aug 2024	660.75	661.90	666.00	651.45	1.289 times
28 Wed Aug 2024	661.90	675.80	678.90	660.00	1.479 times
27 Tue Aug 2024	675.80	686.50	691.45	673.00	0.852 times
26 Mon Aug 2024	688.55	681.00	692.80	678.80	1.117 times
23 Fri Aug 2024	678.20	682.95	688.65	670.45	1.037 times
22 Thu Aug 2024	682.95	679.30	687.50	677.80	1.223 times
21 Wed Aug 2024	679.30	670.00	679.95	667.70	0.732 times
20 Tue Aug 2024	668.90	669.15	671.95	662.35	0.605 times
19 Mon Aug 2024	669.15	666.20	673.75	660.80	0.882 times

Stock of Marico (MARICO) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 647.8, but if it comes above 647.8, then a intra day buy could be more profitable.
If you take a sell trade below 647.8, then use 647.8 as stoploss and 630.4 as target. However if you take a buy trade in stock , then use 647.8 as stoploss and 662.33 as target.

Share price targets for Marico (MARICO)

Target Type	Value
Downside Target	490.55
Downside Target	510.45
Downside Target	524.00
Downside Target	588.25
Downside Target	601.00
Downside Target	615.90
Upside Target	659.60
Upside Target	682.00
Upside Target	688.65
Upside Target	691.00
Upside Target	692.80

Intraday share price targets for Marico (MARICO)

Target Type	Value
Downside Intraday Target	630.33
Downside Intraday Target	613.52
Upside Intraday Target	678.38
Upside Intraday Target	709.62
Upside Intraday Target	661.57

Weekly technical analysis of Marico (MARICO)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Fri Aug 2024	647.15	681.00	692.80	644.75	2.116 times
23 Fri Aug 2024	678.20	666.20	688.65	660.80	0.834 times
16 Fri Aug 2024	661.05	648.00	665.75	637.70	0.375 times
09 Fri Aug 2024	653.00	656.15	682.00	626.25	2.702 times
02 Fri Aug 2024	662.40	679.50	691.00	659.60	0.797 times

Price has moved down 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
30 Fri Aug 2024	647.15	675.65	692.80	626.25	0.862 times
31 Wed Jul 2024	674.10	614.20	691.00	601.00	0.974 times
28 Fri Jun 2024	613.00	609.00	667.20	588.25	0.705 times
31 Fri May 2024	595.55	517.50	615.90	510.45	3.533 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 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 SELL. 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 is trading near its recent LOWS in short term which reflects strong selling momentum. 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 SELL signal for Marico in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Marico is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 664.49 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.