MARUTI - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 19 Sept 25, 2:16 pm

Technical Rating: 4.7

Here’s a comprehensive technical analysis of Maruti Suzuki India Ltd (MARUTI)

📊 Trend Overview

Current Trend: Strong uptrend

Phase: Trending with high momentum

Bias: Bullish, nearing resistance zone

📈 Technical Indicators Analysis

🔹 Moving Averages

50 DMA: ₹14,029

200 DMA: ₹12,767

Current Price: ₹15,817

Price is significantly above both DMAs → confirms strong bullish trend

Steep slope on both averages → momentum is accelerating

🔹 RSI (Relative Strength Index)

RSI: 78.7

Overbought zone (>70) → signals strong momentum but caution for short-term pullback

Indicates trend strength, not necessarily reversal

🔹 MACD (Moving Average Convergence Divergence)

MACD: 581

Strongly positive → confirms bullish momentum

Histogram widening → trend strength increasing

🔹 Bollinger Bands

Price near upper band → bullish breakout zone

Bands expanding → rising volatility, often precedes continuation

Could signal short-term exhaustion if volume drops

🔹 Volume Trends

Current Volume: 6.61 lakh

1-Week Avg Volume: 4.66 lakh

Volume spike confirms breakout strength

Institutional interest likely driving momentum

📌 Support & Resistance Levels

Level Price (₹) Commentary

Support 1 15,400 Minor pullback zone

Support 2 14,800 Previous swing high

Resistance 1 15,975 52-week high, immediate ceiling

Resistance 2 16,500 Projected breakout target

Resistance 3 17,200 Extended target zone if momentum sustains

🎯 Entry & Exit Zones

Optimal Entry Zone: ₹15,400–₹15,600 (on pullback near support)

Exit Zone / Profit Booking: ₹16,500–₹17,200 (resistance and breakout target)

🔍 Momentum Signals

Short-Term: Strong bullish momentum with breakout potential

Medium-Term: Trending upward with confirmation from MACD and moving averages

Volume: High volume supports sustainability of move

🧭 Conclusion

Maruti is currently trending strongly upward, supported by bullish indicators across the board. Price action above moving averages, strong MACD, and expanding Bollinger Bands suggest continuation. Traders may consider entering on dips near ₹15,400 with targets around ₹16,500–₹17,200, while watching RSI for signs of short-term exhaustion.

Would you like to compare Maruti with Tata Motors or track auto sector momentum more broadly?

Edit in a page