An engaging overview of the latest fintech and digital banking trends —...
Technicals for Marico Limited
By MusingTheNews
2026-01-30 20:46
Overall Technical outlook
Price Summary
Marico Limited's stock opened at 725.0 on 2026-01-30, surged to 735.0, dropped to 719.05, and ended 0.66% higher at 729.8, with 4195854 shares traded. The stock's highest price in the past 52 weeks is 779.05, while its lowest price during the same period is 587.75. The price outlook for MARICO is between 511.0 and 900.0, with an average expectation of 825.78375, as estimated by 37 analysts.
Technicals
Support and Resistance: The price for MARICO is 729.8, with support at 727.05 and resistance at 739.65. This suggests a range where 727.05 acts as a base, preventing declines, and 739.65 caps gains, defining key trading levels. Support/Resistance for MARICO
Aroon: The continuation of Aroon's bearish trend, with Aroon Down remaining at 100, indicates sustained market weakness for Marico Limited. To fully assess the implications of this trend, it should be examined in conjunction with other technical indicators. Aroon chart for Marico Limited
Bol. Bands: The price has crossed above the lower Bollinger Band in the latest move, after previously remaining below it. This upward crossover suggests that the market may be starting to recover from oversold conditions. The movement above the lower band indicates that the bearish pressure might be easing, potentially leading to a reversal or stabilization in the price action for MARICO. Bolinger Bands chart for Marico Limited
Parabolic SAR: The PSAR maintains its bearish stance, setting a strong resistance level that could limit any potential upward movement. This ongoing bearish outlook suggests that the market may continue to face resistance, making it difficult to achieve significant gains for Marico Limited. Parabolic Stop and Reverse chart for Marico Limited
Stochastic: The current reading of the STOCHASTIC is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place. Stochastic chart for Marico Limited
Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral stance, not indicating a clear upward or downward trend for Marico Limited. This suggests a period of market balance, where neither side is showing dominance. Tripple SMA chart for Marico Limited
When evaluating a company, it is crucial to examine its fundamentals, including its financial statements, management structure, and market position. Additionally, understanding the broader industry trends, competition, and regulatory landscape helps to create a well-rounded view. By assessing both the company's internal factors and the external environment in which it operates, you can extract more valuable insights from its technical performance, such as stock price movements and trading patterns.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
An investor-focused analysis of how 2025 tariffs are reaching consumers in 2026,...
By clicking "Accept", you agree to the storing of cookies on your device to enhance site navigation, analyze site usage and assist in our tailored marketing efforts.