MARUTI - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 05 Nov 25, 7:43 am

Html

Copy

Technical Rating: 4.4

Technical Analysis Summary

• Trend: Trending upward with strong long-term momentum
• Moving Averages: Price (₹16,192) is above DMA 50 (₹15,522) and DMA 200 (₹13,626), confirming bullish trend
• RSI (55.8): Neutral to mildly bullish zone
• MACD (182): Bullish crossover, supporting continued upside
• Bollinger Bands: Price near upper band, indicating strength but potential short-term resistance
• Volume: Above average (7.33L vs 3.63L), confirming strong participation

Entry & Exit Zones

• Support: ₹15,500 – ₹15,700 (DMA 50 and recent base)
• Resistance: ₹16,650 – ₹16,700 (52-week high zone)
• Optimal Entry: ₹15,800 – ₹16,000 on pullback with MACD confirmation
• Exit Zone: ₹16,650 – ₹16,700 if price stalls near resistance

Positive

• Strong EPS of ₹453 and PEG ratio of 0.50 indicating undervaluation
• Zero debt and high ROCE (21.7%)
• Price up 91.9% over 52 weeks
• Positive FII sentiment (+0.58%)

Limitation

• Quarterly profit decline of 7.3% (₹3,293 Cr. vs ₹3,712 Cr.)
• High P/E of 35.8, matching industry average
• Negative DII sentiment (-0.70%)
• Dividend yield of 0.83% may not appeal to income investors

Company Negative News

• Concerns over rising input costs and margin pressures in auto sector

Company Positive News

• Strong demand in SUV and hybrid segments driving growth
• Expansion in export markets and EV roadmap gaining traction

Industry

• MARUTI operates in the automotive manufacturing sector
• Peers include Tata Motors, Mahindra & Mahindra, and Hyundai India

Conclusion

MARUTI is currently trending upward with strong technical indicators and robust fundamentals. While short-term resistance may emerge near ₹16,700, long-term outlook remains bullish. Traders may consider entry near ₹15,800 with targets around ₹16,700 and beyond.