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Technicals for Maruti Suzuki India Limited
By MusingTheNews
2025-05-30 20:47
Overall Technical outlook
Price Summary
2025-05-30, saw MARUTI's stock open at 12392.0, hit a peak of 12490.0, fall to a low of 12251.0, and close down -0.59% at 12319.0, with 351351 shares changing hands. The peak price for the stock in the past 52 weeks is 13495.6, with the lowest price being 10736.6. According to 39 analysts, the price of MARUTI in the future is projected to be between 11100.0 and 15775.0, with an average expected price of 13626.23.
Technicals
Support and Resistance: The price is currently at 12319.0, supported by 11934.25 and resisted by 12380.6. This indicates a range where 11934.25 may provide a base for the price, while 12380.6 serves as a cap on further upward movement for MARUTI. Support/Resistance for MARUTI
Aroon: The AROON indicator shows a strong bearish trend for MARUTI, with Aroon Down moving higher and the Aroon Oscillator remaining depressed. This suggests a continuation of the downward trend, indicating that bearish momentum remains strong. The low level of the Aroon Oscillator reinforces the expectation of further declines. Aroon chart for Maruti Suzuki India Limited
Bol. Bands: The current state of the BOLL BANDS is neutral for MARUTI, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements. Bolinger Bands chart for Maruti Suzuki India Limited
Parabolic SAR: The PSAR maintains a bearish outlook, setting a key resistance level that could limit further gains. This resistance reinforces the bearish sentiment, indicating that the market may face challenges in pushing higher. Parabolic Stop and Reverse chart for Maruti Suzuki India Limited
Stochastic: The Stochastic K-line has moved below both the D-line and the 20 level, reflecting a mildly bearish signal for MARUTI. This suggests that the market might encounter some downward pressure, but the overall bearish tone is moderate. Traders should remain observant for any further indications of a downturn. Stochastic chart for Maruti Suzuki India Limited
Tripple Moving Agerage: The Tripple MOVING AVG is in a neutral stance for MARUTI, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand. Tripple SMA chart for Maruti Suzuki India Limited
Before focusing on a company's technical data, such as stock price movements, it's essential to analyze its fundamentals. These include factors like profitability, cash flow, and debt management. Additionally, considering the broader industry landscape—including market trends, competition, and regulatory changes—offers deeper insights. This comprehensive approach allows for a more meaningful interpretation of the company's technical indicators, providing a clearer picture of its financial health and future prospects.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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