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2022 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
24 Mon Jan 471.40 476.70 476.80 466.70 12.25 lakhs
21 Fri Jan 477.85 487.95 487.95 475.00 17.26 lakhs
20 Thu Jan 487.75 495.90 496.00 486.85 11.91 lakhs
19 Wed Jan 494.40 493.00 495.70 484.10 8.99 lakhs
18 Tue Jan 490.55 503.00 503.00 488.25 20.48 lakhs
MARICO chart

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 476.8, for a target of 489 or 499.21

  • Daily Price action analysis of 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.

  • Daily Price action analysis of 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.

  • Daily Price action analysis of MARICO based on a 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.

Intraday technical analysis of Marico

Stock is trading at 471.60 as on 25 Tue Jan 10:54

Day open is at 470.00, day high is at 475.75, day low is at 459.00, and day volume is at 78.21 lakhs so far.

First 15 minute high low range is 459.00 - 470.00

First hour high low range is 459.00 - 474.45

Date Intraday Price Open High Low Volume
25 Tue Jan 10:54 471.60 470.00 475.75 459.00 531112
25 Tue Jan 10:50 471.10 470.00 475.75 459.00 503197
25 Tue Jan 10:45 472.70 470.00 475.75 459.00 478568
25 Tue Jan 10:40 472.85 470.00 475.75 459.00 470600
25 Tue Jan 10:35 472.50 470.00 475.75 459.00 462798
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: 464.5 or 470.4
  • Upside target: 470
  • Downside target : 448
  • Second Upside target: 474.1
  • Second Downside target : 464

Marico (MARICO) weekly technical analysis

Date Weekly Close Open Range Volume
24 Mon Jan 471.40 476.70 466.70
476.80
12.255 lakhs
21 Fri Jan 477.85 502.00 475.00
503.10
70.472 lakhs
14 Fri Jan 499.55 505.00 496.05
509.45
45.598 lakhs
07 Fri Jan 504.25 513.55 497.10
518.50
48.47 lakhs
31 Fri Dec 512.65 505.60 495.00
516.00
36.014 lakhs
weekly MARICO chart

Weekly forecast of Marico is negative. Sellers dominated the stock this week, and might continue to dominate in coming days too.

Weekly Price action analysis of Marico based on a short 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

Weekly Price action analysis of 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.

Marico (MARICO) Monthly technical analysis

Date Monthly Close Open Range Volume
24 Mon Jan 471.40 513.55 466.70
518.50
176.795 lakhs
31 Fri Dec 512.65 538.00 488.55
538.50
250.031 lakhs
30 Tue Nov 538.35 571.00 526.50
577.40
315.927 lakhs
29 Fri Oct 568.45 545.00 541.05
607.70
439.107 lakhs
30 Thu Sep 547.50 549.35 541.00
587.35
613.208 lakhs
monthly MARICO chart

Monthly forecast of Marico is negative. Sellers dominated the stock this month, and might continue to dominate in coming days too.

Monthly Price action analysis of Marico based on a short 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

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: 506.98
  • Upside daily target: 482.73

Marico Weekly stock price targets

  • Upside weekly target: 562.53
  • Upside weekly target: 535.03
  • Upside weekly target: 506.63
  • Upside weekly target: 482.1

Marico Monthly stock price targets

  • Upside monthly target: 621.4
  • Upside monthly target: 581.23
  • Upside monthly target: 548.3
  • Upside monthly target: 521.08
  • Upside monthly target: 494.95
  • Downside monthly target: 466.63
  • Downside monthly target: 443.15
  • Downside monthly target: 416.41

Marico (MARICO) indicators technical analysis

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.

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 and the sell signal is strong.

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 red color and prices are in or above the red 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 491.53 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.

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chart MARICO