Alert:Maruti on Edge as Lower Highs Signal Looming Support breakWhen a stock 📉 consistently makes lower highs, it signals a weakening trend, with sellers taking control. Maruti is at major support suggests a critical level where the stock might break down further, potentially accelerating the decline 🚨. Investors watch these levels closely for exit signals, as breaking support can lead to sharp price drops 📉, driven by increased selling pressure and waning confidence in the stock's prospects. However, it may also bounce bank to make another lower low, continuing the bearish trend.
Daily close above 12500 is the key level to watch as it will tell us where the stock is headed.
Disclaimer: All ideas are my personal views and not financial advise. I do not have any Telegram channel nor do I sell any courses.
Marutisuzuki
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.
MARUTI SUZUKI - A long term Investment Idea - 50% ROI expected.1) The stock is breaking out of a 6 year old consolidation zone in yearly time frame.
2) The stock is reversing from a Fib 61.8% in yearly time frame.
3) The stock is breaking it's previous swing high.
4) The stock is above to form a strong 3 Month breakout if March closes strong.
The stock structure looks strong, one may accumulate in dips for a long term target of 19000.
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 trying to move again. Maruti Suzuki India Ltd. is India's largest passenger car company, accounting for over 42%+ of the domestic car market. The Company offers a full range of cars from entry-level to SUV. It has manufacturing facilities capable of producing 1.5 million units per annum. The other activities of the Company include the facilitation of pre-owned car sales, fleet management, and car financing. The Company became the largest subsidiary of Suzuki Motor Corporation (SMC) of Japan, which currently holds 56.48% of its equity stake.
Maruti Suzuki Ltd CMP is 10217.15. The Negative aspects of the company are High Valuation (P.E. = 28.3), and FIIs decreasing stake. The positive aspects of the company are No debt, zero promoter pledge, MFs increasing stake, improving annual net profit, and Improving cash from operations annually.
Entry can be taken after closing above 10387. Targets in the stock will be 10502 and 10628. The long-term target in the stock will be 10804 and 10931. Stop loss in the stock should be maintained at Closing below 9825.
The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
MARUTI Suzuki | PickMaruti Suzuki India Limited (MSIL), a subsidiary of Suzuki Motor Corporation, Japan, is India's largest passenger car maker. The Company was established in 1981. A joint venture agreement was signed between the Government of India and Suzuki Motor. Maruti Suzuki is credited with having ushered in the automobile revolution in the country. The Company is engaged in the business of manufacturing and sale of passenger vehicles in India.
Disclaimer : This analysis is solely for educational purposes and does not make me a SEBI registered analyst.
Maruti Suzuki NSE:MARUTI
Decisive
A shortage of electric components impacted the company’s April production as per company reports.
Short on monthly timeframe.
Never trade a short without a stoploss.
*Not a financial advice to buy or sell. Only speculations.
My charts speaks louder than words.
I'm a chartist and I paint charts.
MARUTI Positional Buy IdeaAs per my analysis NSE:MARUTI has indicated a strong reversal signal. My view is to take buy entry if any chance price come to level of 8550.00 with stop loss of 8380 (-170 points risk).
My expected upside target will be 8900 & 8990.00. This could be low risk and high reward trade.
Note: This is my personal analysis, only to learn stock market behavior. Thanks.
MARUTI - NSECompany website - www.marutisuzuki.com
49 % market share in Indian automotive market ( passenger ), slowly venturing into commercial also.
1800cr invested for future EV ready battery projects.
Roll out of EV charging infra by 2023 leading to mass acceptance.
Currently only 3 electric models in India across brands, charging times are high, avg range is less than 300km, not enough chargers on road, so still needs refining.
We have ICE engines for last 80 years, and still perfecting them , so EV have time, by 2025 expect disruption.
No debt, huge land bank, best service centre presence pan India.
When it comes to cars, a Maruti Suzuki never lets down ( Japanese tech )
Covid and semiconductor shortage hit auto markets worldwide, the share was muted. As economy reopens, things get back on track, share prices appreciates.
A must have in portfolio. BUY
Maruti - A ViewIn larger timeframe, Maruti broke 50% retracement level of 8177. If it goes further down, it may go down to 7850 which is 61.8%
In case of any bounce back, it came up to 8370 (23%) and if stretches, it may come up to 8500 (38%). Change of direction can come only after 8720 (close and cross)
#MARUTI Weekly Major Support & Resistance Levels.Providing Weekly Support and Resistance levels for next coming week based on Central Pivot Range and its major support & resistance levels of week, where price can take support and face resistance. Three black lines indicating weekly Central Pivot Range. Previous week high & low also performs as a major support and resistance levels. Can take long & short positions according to how price perfoms at particular given support & resistance levels.