MARICO LTD stock forum
MARICO Marico Ltd view for Intraday 4th October #MARICO
Buying may witness above 705
Support area 695-700. Below ignoring buying momentum for intraday
Selling may witness below 690
Resistance area 700
Above ignoring selling momentum for intraday
Charts for Educational purposes only.
MARICO For Marico Ltd. (MARICO) on the 1-hour timeframe, here are the key levels:
Resistance Levels:
R1: ₹705
R2: ₹715
R3: ₹725
Support Levels:
S1: ₹690
S2: ₹680
S3: ₹670
MARICO Marico Limited is a leading player in the Indian consumer goods sector, with a portfolio of well-known brands such as Parachute, Saffola, and Mediker, among others. Here are some key levels related to Marico Limited's stock:
Current Price: Around ₹415-425 (subject to market fluctuations)
Resistance Levels: 440-450, 460-470, 480-490
Support Levels: 400-410, 380-390, 360-370
Trend Lines: The stock has been trading in an upward trend since the COVID-19 pandemic-induced correction in March 2020, with a long-term trend line around 320-330
MARICO 587.95 next target
MARICO Long for targets 600
MARICO Trade RecapRecently we have a week breakdown and a week breakout, so the price failed to move in a trend. Today the price was strongly rejected by a previous resistance. Now the price is in a range. On the upper side level 525 and on the lower side level 495 are important levels to consider. For options Iron Condor strategy works best in this case.
## For educational purposes only.
MARICO Update MARICO Revised Stop Loss 506 from 484MARICO Delivery Buy MARICO Above 512 Stop Loss 484 Target 550+
MARICO : Range bound pattern with potential uptrend of 10% , In future high possbility of CWH pattern
