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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 2024-11-22 View latest technical analysis

10 day averaged volume of Marico is 1869503

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Nov 2024	599.15	590.00	601.65	585.00	0.391 times
21 Thu Nov 2024	591.05	589.00	592.00	584.20	0.491 times
19 Tue Nov 2024	590.95	597.40	599.85	590.00	0.461 times
18 Mon Nov 2024	595.15	592.25	596.45	579.60	1.119 times
14 Thu Nov 2024	592.25	600.40	600.95	591.60	0.458 times
13 Wed Nov 2024	597.20	594.50	603.15	589.05	2.599 times
12 Tue Nov 2024	595.55	618.90	618.90	594.10	2.975 times
11 Mon Nov 2024	617.10	625.00	628.30	613.45	0.679 times
08 Fri Nov 2024	629.85	633.00	636.85	627.40	0.245 times
07 Thu Nov 2024	631.65	648.40	648.40	630.20	0.537 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 600.4, but if it comes above 600.4, then a intra day buy could be more profitable.
If you take a sell trade below 600.4, then use 600.4 as stoploss and 575 as target. However if you take a buy trade in stock , then use 600.4 as stoploss and 621.61 as target.

Share price targets for Marico (MARICO)

Target Type	Value
Downside Target	579.60
Upside Target	601.00
Upside Target	616.85
Upside Target	650.00
Upside Target	650.95
Upside Target	670.10
Upside Target	687.00
Upside Target	691.00
Upside Target	692.80
Upside Target	713.50
Upside Target	719.85

Intraday share price targets for Marico (MARICO)

Target Type	Value
Downside Intraday Target	585.28
Downside Intraday Target	571.42
Upside Intraday Target	607.33
Upside Intraday Target	615.52
Downside Intraday Target	593.47

Weekly technical analysis of Marico (MARICO)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Nov 2024	599.15	592.25	601.65	579.60	0.367 times
14 Thu Nov 2024	592.25	625.00	628.30	589.05	1.975 times
08 Fri Nov 2024	629.85	642.60	650.00	624.80	0.297 times
01 Fri Nov 2024	645.95	640.10	687.00	616.85	2.833 times
25 Fri Oct 2024	640.10	665.10	670.10	631.05	0.786 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
22 Fri Nov 2024	599.15	643.80	650.95	579.60	0.441 times
31 Thu Oct 2024	640.00	694.00	719.85	616.85	0.868 times
30 Mon Sep 2024	695.40	648.00	713.50	633.00	1.077 times
30 Fri Aug 2024	647.15	675.65	692.80	626.25	0.862 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 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 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 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 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 SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Marico in short term and the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Marico in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing 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 599.75 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.