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.
Marutitrend
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 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 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 in descending triangleMaruti after a good move is giving a consolidation in descending triangle.
May give another up move after a breakout.
If closes above 8310, can But for a swing trade for a target of 8550.
Maruti down side move sell Maruti Suzuki and hold for the given target support zone is bit down hold sell and book handsome profit
Buy Marut Suzuki Target 🎯 9000Buy Marut Suzuki Target 🎯 9000 because it's recently given major breakout
MARUTI SYMMETRICAL PATTERNHello
Welcome to this analysis about MARUTI , we are looking at daily timeframe perspectives. MARUTI in recent times heavily decreased with bearishness however it now moved into an oversold condition. MARUTI is developing here that will be a decisive factor in the upcoming times. I discovered the main formation MARUTI is developing here that will be a decisive factor in the upcoming times. As when looking at my chart now we can watch there how MARUTI has emerged with this key MARUTI SYMMETRICAL PATTERN marked in my chart with the black boundaries. MARUTI is near support region which is an important support and also psychological support-mark together with the lower-boundary of the MARUTI SYMMETRICAL PATTERN a pullback
In this manner, thank you for watching my update-analysis about MARUTI and its major MARUTI SYMMETRICAL PATTERN with the determining factors we need to consider in upcoming times, support the analysis with a like and follow or comment for more market insight!
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 SHORTMARUTI BEARISH DIVERGEN
We are not Investment Advisor, All calls are for educational purpose and for paper trading. We do not have any access to any non-public information about any company. We are not giving an Financial advice for investment & trading.
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.
Another Triangle is ENDING!!!!!!Hey guys, YOu can see that a short triangle is coming to its end in 1H candle chart. So, it is strongly advised to wait tomorrow after opening bell for atleast 2 hours as, prices may be open at a low price or will go down if opened high. Then, we can enter into buy or sell position because a large candle is expected to be formed i.e triangle breakout.
If prices go up buy at 6850 and TP at 6910-6920. If go down sell at 6630 and TP at 6550-6540.
