Decoding Bullish Signals in Maruti Suzuki India Ltd.: AnalysisMaruti Suzuki India Ltd., a titan in the automotive industry, is currently displaying noteworthy bullish indicators. With its spot price at 13000.5 and several key market metrics pointing towards positive momentum, it’s essential to delve into the specifics to understand the implications for investors and traders. In this blog post, we’ll dissect the data on spot price, strike price, traded contracts, open interest, and changes in call options to provide an in-depth analysis of Maruti Suzuki's current market stance.
Key Data Points
Name: Maruti Suzuki India Ltd.
Spot Price: 13000.5
Strike Price: 13000ce
Max Traded Contracts: 1,616
Call Open Interest (OI) (All Strike Prices): 149.75 K
Call Turnover % Change (All SP): 30.45%
Call Contracts % Change (All SP): 28.79%
% Change in OI (All SP): 56.89%
Thorough Analysis
Spot Price vs. Strike Price
The spot price of Maruti Suzuki India Ltd. at 13000.5 is comfortably aligned with the strike price of 13.00 K, indicating stability and a balanced market sentiment. This alignment suggests that market participants are closely monitoring this level, which could act as a pivotal point for the stock's price action.
Maximum Traded Contracts
Despite a moderate volume of traded contracts, with 1,616 contracts, there's still observable trading activity and interest in Maruti Suzuki India Ltd. This volume implies that certain market participants are actively engaged and may be positioning themselves based on perceived market opportunities.
Call Open Interest (OI)
With call open interest across all strike prices standing at 149.75 K, there’s a clear indication that a notable number of traders hold long positions in call options. This elevated open interest suggests a positive sentiment towards Maruti Suzuki India Ltd., with expectations of potential upward price movements.
Surge in Call Turnover
The 30.45% increase in call turnover reflects a notable uptick in the value of call options traded. This surge suggests heightened buying activity, as traders anticipate further appreciation in Maruti Suzuki India Ltd.'s stock price.
Increase in Call Contracts
The 28.79% rise in the number of call contracts traded indicates a notable increase in trading volume for call options. This surge in activity suggests that more market participants are entering positions in call options, potentially expecting Maruti Suzuki India Ltd. to experience upward momentum.
Change in Open Interest
The substantial 56.89% increase in open interest indicates the creation of numerous new positions. This rise suggests growing market participation and commitment, with traders anticipating future price appreciation in Maruti Suzuki India Ltd.
Conclusion
The data underscores a positive sentiment surrounding Maruti Suzuki India Ltd., with multiple indicators pointing towards favorable momentum. The alignment of the spot price with the strike price, coupled with increases in call turnover, contracts, and open interest, suggests that market participants are optimistic about the stock's prospects.
Market Sentiment and Outlook
This bullish outlook could be attributed to various factors, including strong financial performance, positive industry developments, or favorable market conditions. Investors should closely monitor Maruti Suzuki India Ltd.'s price movements and key technical levels for insights into future market trends.
Disclaimer
This analysis is for educational purposes only and should not be considered financial advice. Investors should conduct their own research or consult with a financial advisor before making investment decisions. Market conditions can change rapidly, and it's essential to consider individual risk tolerance and investment objectives.
By analyzing these indicators and staying informed about market trends, investors can make more informed decisions, potentially capitalizing on the bullish signals exhibited by Maruti Suzuki India Ltd.
Marutioptions
Maruti Short Term Positional Trade
There is a very strong and a capable demand formed, as per the Weekly chart and in order to reach this Weekly Demand Price has to come down, hence considering the Weekly Supply as a Source for the Temporary downtrend, we have Price reacting to the Weekly Supply
Price has closed below the Moving average which confirms selling pressure risen and we have a Fresh Supply formed offering some Reward.
MARUTI Low Risk High Reward IdeaNSE:MARUTI best entry level is 8600 with stop loss of 8500 (-100 Points), my expected up side target will 8875 & 9000. It could be low risk and high reward idea.
Note: This is my personal analysis, only for learning. Thanks.
MARUTI - TRENDLINE SUPPORT to BREAKOUT with RISK:REWARD=1:10MARUTI Looks overall bullish and following the trendline perfectly.
MARUTI is holding the above trendline from May 2021. Today, it retouched the trendline and bounced back hard.
Above 7350, It can reach to 7650 quickly and easily.
The risk level is 7150.
One can enter the trade today at 7190 with Target= 7650 and Stop Loss= 7150 for almost 400 points with risk of 40 points. Risk/Reward ratio = 1:10 i.e., If you can risk one lakh rupees, there is high chance you may get 10 lakh rupees.
My personal Trade:
Entered MARUTI JUL 7400 calls at 27.00
For safe traders,
MARUTI AUG 7400 calls as swing trade.
DISCLAIMER: ALL POSTS ARE EDUCATIONAL PURPOSES.WE ARE NOT RESPONSIBLE FOR UR PROFIT/LOSS
Maruti Suzuki India-15 Min TimeframePeriod: 08/05/2007 to 18/08/2020
No. of Points: 19,871.
No. of Trades: 182.
% Profitable: 68.68 %.
Profit Factor: 3.348
Points per trades: 109.18
No. of lots: 2 (1 lot is partially booked after 150 points which can be customized and remaining 1 lot is in trade until the trend is reversed).
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R-0136 MARUTI HAS CHANGED ITS GEAR TO 5TH GO LONGShort Term Stock Option Buy MARUTI AUG CE 6600.00 @153-155 SL 82 TGT 280
Beautiful chart pattern TK cross over + MACD followed by above VWAP so we assume if it holds above VWAP it may lead the market.
MARUTI - Above 5150 Silent uptrend going in NIFTY AUTO sector -- kindly check once CNXAUTO.
MARUTI is on uptrend from past couple of days and currently at resistance 5150 level.
Incase if sustains above 5150 - we can look for short-term uptrend.
Keep it in watch list
Maruti Positional Buy Setup for 8000Maruti Has broken the important resistance 7200 on Daily Chart and Closed on Monthly Chart Too. I will accumulate Maruti near 7250-7280 With Stoploss of 7110 For The target of 7600-8000
