Stock analysis Marico Limited MARICO
More indepth analysis on MunafaSutra.com
Recent prices of MARICO Marico Limited are as follows: Daily volume is divided by 10 day averaged volume
Date | Close | Range | Change % | Volume |
26 Fri Apr 2024 | 517.85 | 510.35 to 518.70 | 1.51% | 1.32 times |
25 Thu Apr 2024 | 510.15 | 503.15 to 511.30 | 0.17% | 0.47 times |
24 Wed Apr 2024 | 509.30 | 508.00 to 513.20 | -0.17% | 0.4 times |
23 Tue Apr 2024 | 510.15 | 505.60 to 513.45 | 0.82% | 0.63 times |
22 Mon Apr 2024 | 506.00 | 505.25 to 515.55 | 0.14% | 2.2 times |
19 Fri Apr 2024 | 505.30 | 502.00 to 508.00 | -0.22% | 0.8 times |
18 Thu Apr 2024 | 506.40 | 495.15 to 515.95 | -0.34% | 2.31 times |
16 Tue Apr 2024 | 508.15 | 502.20 to 515.45 | -0.22% | 0.99 times |
15 Mon Apr 2024 | 509.25 | 505.35 to 514.00 | -1.03% | 0.85 times |
12 Fri Apr 2024 | 514.55 | 512.95 to 519.30 | -0.13% | 0.66 times |
10 Wed Apr 2024 | 515.20 | 507.15 to 516.60 | 1.11% | 0.69 times |
09 Tue Apr 2024 | 509.55 | 507.65 to 519.75 | -1.82% | 0.45 times |
Technical analysis forecast of Marico Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Marico Limited MARICO at this time. Stock is rising and might rise more.
It appears as if Marico Limited MARICO gave a large move recently.
Stock of Marico Limited (MARICO) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.
My analysis of Marico Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Marico Limited stays above 516.2, but if it comes below 516.2, then a intra day sell could be more profitable.
If you take a sell trade below 516.2, then use 516.2 as stoploss and 508.39 as target. However if you take a buy trade in Marico Limited, then use 516.2 as stoploss and 525.6 as target.