Marico technical analysis

According to the latest Pivot data, Marico’s immediate technical levels for the selected time period 5 minutes indicate key support and resistance zones that traders should closely monitor. The pivot point is positioned at ₹842.28, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹854.66, ₹865.33, and ₹877.71, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹831.61, ₹819.23, and ₹808.56, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Marico’s price movement.