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2021 Marico (MARICO) technical analysis [forecast] stock price targets

Marico technical analysis & forecast stock price targets, Daily, Weekly, Monthly technical analysis

Marico deals in Personal Products Marico option chain analysis

Date Close Open High Low Volume
13 Tue Apr 421.30 407.00 424.00 407.00 28.34 lakhs
12 Mon Apr 407.40 415.00 419.95 406.00 14.69 lakhs
09 Fri Apr 420.60 417.00 421.80 416.00 15.84 lakhs
08 Thu Apr 414.65 408.05 415.60 408.00 19.17 lakhs
07 Wed Apr 408.00 402.95 413.50 401.90 16.88 lakhs
MARICO chart

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 422.3, for a target of 412.2 or 403.7

  • Daily Price action analysis of 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.

  • Daily Price action analysis of 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.

  • Daily Price action analysis of MARICO based on a mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Intraday technical analysis of Marico

Stock is trading at 421.30 as on 13 Tue Apr 15:34

Day open is at 407.00, day high is at 424.00, day low is at 407.00, and day volume is at 1078.75 lakhs so far.

First 15 minute high low range is 407.00 - 412.60

First hour high low range is 407.00 - 417.30

Date Intraday Price Open High Low Volume
13 Tue Apr 15:34 421.30 407.00 424.00 407.00 2833390
13 Tue Apr 15:29 421.30 407.00 424.00 407.00 2833390
13 Tue Apr 15:25 421.95 407.00 424.00 407.00 2774094
13 Tue Apr 15:20 422.15 407.00 424.00 407.00 2680873
13 Tue Apr 15:15 421.70 407.00 424.00 407.00 2569528
Intraday MARICO chart

Trend of Marico is not defined as of yet. Wait for entry and exit levels given below.

Take a trade after 9:30am only.

Marico (MARICO) intraday stock price targets

  • EntEntry: 409.8 or 419.075
  • Upside target: 412.6
  • Downside target : 401.4
  • Second Upside target: 431.15
  • Second Downside target : 414.15

Marico (MARICO) weekly technical analysis

Date Weekly Close Open Range Volume
13 Tue Apr 421.30 415.00 406.00
424.00
43.028 lakhs
09 Fri Apr 420.60 411.25 399.00
421.80
83.269 lakhs
01 Thu Apr 407.25 403.55 403.10
412.45
31.656 lakhs
26 Fri Mar 401.85 394.90 394.00
405.50
77.526 lakhs
19 Fri Mar 394.90 394.00 379.10
396.90
87.696 lakhs
weekly MARICO chart

Weekly forecast of Marico is positive. Buyers dominated the stock this week, and this trend might continue for a few days

Weekly Price action analysis of 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.

Weekly Price action analysis of Marico based on a short to mid 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

Marico (MARICO) Monthly technical analysis

Date Monthly Close Open Range Volume
13 Tue Apr 421.30 411.30 399.00
424.00
132.747 lakhs
31 Wed Mar 411.30 400.90 379.10
412.45
376.6 lakhs
26 Fri Feb 397.55 416.90 390.70
433.95
516.688 lakhs
29 Fri Jan 415.60 403.60 401.80
432.50
537.986 lakhs
31 Thu Dec 402.65 370.95 362.50
420.80
622.273 lakhs
monthly MARICO chart

Monthly forecast of Marico is positive. Buyers dominated the stock this month, and this trend might continue for a few days

Monthly Price action analysis of Marico based on a short 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.

Monthly Price action analysis of 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.

Marico Daily stock price targets

  • Upside daily target: 431.15
  • Downside daily target: 409.84

Marico Weekly stock price targets

  • Upside weekly target: 437.48
  • Downside weekly target: 415.8
  • Downside weekly target: 395.84
  • Downside weekly target: 372.5

Marico Monthly stock price targets

  • Upside monthly target: 440.88
  • Downside monthly target: 417.08
  • Downside monthly target: 395.2
  • Downside monthly target: 376.08
  • Downside monthly target: 356.9
  • Downside monthly target: 334.35

Marico (MARICO) indicators technical analysis

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.

ADX buy sell signal for Marico stock for short term is BUY. Signal strength is Weak and stock is gaining 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 tired and bears are picking up momentum.

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

CCI has generated a buy signal for Marico in short term and BUY signal is strong.

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

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 411.54 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 negative.

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

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chart MARICO