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Stock analysis Marico Limited MARICO

More indepth analysis on MunafaSutra.com

Moving Averages for Marico Limited

  • 5Day Average: 635.83
  • 12Day Average: 637.81
  • 20Day Average: 650.97
  • 50Day Average: 670.24
  • 100Day Average: 662.52
  • 150Day Average: 634.7
  • 200Day Average: 604.79

MARICO Indicators & signals

Indicator MACD (12,26,9)

641.93, 653.82, -11.03
Indicator MACD is in negative zone

Indicator ADX (14)

9.92, 20.7, 25.26
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 49
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of MARICO Marico Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
08 Fri Nov 2024 629.85 627.40 to 636.85 -0.28% 0.16 times
07 Thu Nov 2024 631.65 630.20 to 648.40 -2.63% 0.35 times
06 Wed Nov 2024 648.70 631.40 to 650.00 2.32% 0.28 times
05 Tue Nov 2024 634.00 627.95 to 636.65 -0.15% 0.89 times
04 Mon Nov 2024 634.95 624.80 to 644.45 -1.7% 0.52 times
01 Fri Nov 2024 645.95 642.00 to 650.95 0.93% 0.08 times
31 Thu Oct 2024 640.00 632.85 to 649.90 -1.71% 0.96 times
30 Wed Oct 2024 651.15 647.05 to 687.00 3.5% 4.78 times
29 Tue Oct 2024 629.15 624.00 to 638.10 -0.76% 0.42 times
28 Mon Oct 2024 634.00 616.85 to 642.00 -0.95% 1.17 times
25 Fri Oct 2024 640.10 631.05 to 645.50 0.92% 0.55 times
24 Thu Oct 2024 634.25 631.20 to 661.10 -3.4% 0.66 times

Technical analysis forecast for Marico Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Marico Limited MARICO at this time. Stock is falling and might fall more.

It appears as if Marico Limited MARICO gave a large move recently.

Stock of Marico Limited (MARICO) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Marico Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Marico Limited stays below 630.9, but if it comes above 630.9, then a intra day buy could be more profitable.
If you take a sell trade below 630.9, then use 630.9 as stoploss and 608.6 as target. However if you take a buy trade in Marico Limited, then use 630.9 as stoploss and 649.52 as target.

More indepth analysis on MunafaSutra.com