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 ₹857.63, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹867.26, ₹874.53, and ₹884.16, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹850.36, ₹840.73, and ₹833.46, 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.