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(MARUTI) Maruti Suzuki complete technical analysis [charts+indicators] | Buy/Sell Maruti Suzuki | (MARUTI) share price targets

Complete technical analysis of Maruti Suzuki (MARUTI) by charts plus indicators, forecast predictions and share price targets for Maruti Suzuki (MARUTI)

10 day averaged volume of Maruti Suzuki is 487515

Date Daily Closing Price Open High Low Volume
20 Thu Jun 2024 12149.50 12246.00 12305.50 12135.00 1.862 times
19 Wed Jun 2024 12242.10 12610.00 12625.00 12200.00 1.425 times
18 Tue Jun 2024 12560.95 12878.40 12880.00 12542.05 1.689 times
14 Fri Jun 2024 12845.20 12831.50 12895.00 12778.80 0.445 times
13 Thu Jun 2024 12846.85 12940.00 12940.00 12739.60 0.61 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 12102.3, for a target of 12405.4 or 12658.02

Share price targets for Maruti Suzuki (MARUTI)

Target Type Value
Downside Target 10204.00
Downside Target 11267.60
Downside Target 11561.45
Downside Target 12032.95
Upside Target 12627.90
Upside Target 12880.00
Upside Target 12951.60
Upside Target 13034.00
Upside Target 13058.50
Upside Target 13073.95

Intraday share price targets for Maruti Suzuki (MARUTI)

Target Type Value
Downside Intraday Target 11896.33
Downside Intraday Target 11643.17
Upside Intraday Target 12641.33
Upside Intraday Target 13133.17
Upside Intraday Target 12388.17

Weekly technical analysis of Maruti Suzuki (MARUTI)

Date Weekly Closing Price Open High Low Volume
20 Thu Jun 2024 12149.50 12878.40 12880.00 12135.00 1.651 times
14 Fri Jun 2024 12845.20 12765.15 12951.60 12627.90 0.536 times
07 Fri Jun 2024 12810.90 12825.00 12828.00 11561.45 1.06 times
31 Fri May 2024 12399.30 13023.45 13058.50 12330.00 1.211 times
24 Fri May 2024 13000.45 12647.95 13034.00 12363.10 0.831 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Maruti Suzuki (MARUTI)

Date Monthly Closing Price Open High Low Volume
20 Thu Jun 2024 12149.50 12825.00 12951.60 11561.45 0.597 times
31 Fri May 2024 12399.30 12750.00 13058.50 12239.00 1.088 times
30 Tue Apr 2024 12817.50 12613.35 13073.95 12032.95 0.984 times
28 Thu Mar 2024 12600.35 11295.00 12726.80 11267.60 0.867 times

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Maruti Suzuki (MARUTI)

Indicator Name Indicator Value Indicator Signal
ADX 11, 37, 55 Sell
MACD -9, 83Sell
Stochastics 29Sell
CCI -185Sell
RSI 56Buy
OBV -3001693Sell
VWAP 12556Sell
ADL 0Sell
ROC -3Sell
Force Index 0Sell

Price action analysis of Maruti Suzuki ( (MARUTI) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Maruti Suzuki ( (MARUTI) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Maruti Suzuki ( (MARUTI) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Maruti Suzuki ( (MARUTI) ) based on a mid to longer term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

ADX buy sell signal for Maruti Suzuki stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Maruti Suzuki in short term and the sell signal is strong.

Maruti Suzuki Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Maruti Suzuki in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Maruti Suzuki is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 12556.22 and Maruti Suzuki (MARUTI) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Maruti Suzuki (MARUTI) stock. Volume based technical analysis of Maruti Suzuki (MARUTI) stock is negative.

Maruti Suzuki Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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