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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)

Maruti Suzuki trades in NSE in Cars & Utility Vehicles sector.

Showing technical analysis as on 2024-05-16 View latest technical analysis

10 day averaged volume of Maruti Suzuki is 467394

Date	Daily Closing Price	Open	High	Low	Volume
16 Thu May 2024	12497.65	12848.00	12848.00	12300.00	1.956 times
15 Wed May 2024	12767.30	12820.00	12872.40	12700.00	0.496 times
14 Tue May 2024	12814.20	12673.85	12840.00	12651.40	0.708 times
13 Mon May 2024	12673.85	12660.00	12708.40	12477.55	0.602 times
10 Fri May 2024	12675.50	12505.00	12696.95	12501.00	0.703 times
09 Thu May 2024	12504.65	12540.00	12739.80	12436.75	1.08 times
08 Wed May 2024	12543.55	12392.00	12559.95	12325.00	0.855 times
07 Tue May 2024	12364.05	12472.40	12508.50	12239.00	1.293 times
06 Mon May 2024	12439.30	12550.00	12646.40	12372.50	0.732 times
03 Fri May 2024	12492.15	12817.95	12830.00	12411.40	1.786 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 12497 as stoploss in an intra day buy trade for a target of 12677.63. However, stock will show a bearish move below 12497.

Share price targets for Maruti Suzuki (MARUTI)

Target Type	Value
Downside Target	9737.65
Downside Target	10204.00
Downside Target	11267.60
Downside Target	11720.00
Downside Target	12032.95
Upside Target	12739.80
Upside Target	12759.40
Upside Target	12872.40
Upside Target	12996.00
Upside Target	13073.95

Intraday share price targets for Maruti Suzuki (MARUTI)

Target Type	Value
Downside Intraday Target	12240.97
Downside Intraday Target	11984.28
Upside Intraday Target	12813.37
Upside Intraday Target	13129.08
Upside Intraday Target	12556.68

Weekly technical analysis of Maruti Suzuki (MARUTI)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Thu May 2024	12497.65	12660.00	12872.40	12300.00	0.807 times
10 Fri May 2024	12675.50	12550.00	12739.80	12239.00	0.78 times
03 Fri May 2024	12492.15	12800.05	12996.00	12411.40	1.173 times
26 Fri Apr 2024	12703.35	12783.15	13073.95	12659.00	0.874 times
19 Fri Apr 2024	12710.95	12199.50	12759.40	12032.95	1.173 times

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

Monthly technical analysis of Maruti Suzuki (MARUTI)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Thu May 2024	12497.65	12750.00	12872.40	12239.00	0.547 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
29 Thu Feb 2024	11288.35	10210.00	11720.00	10204.00	0.895 times

Scroll below to view daily charts

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)

Price action analysis of Maruti Suzuki ( (MARUTI) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

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 but the sell signal is initial and weak.

Maruti Suzuki Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are in or below the green 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 but buying is losing 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 12537.87 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.