Stock analysis Maruti Suzuki India Limited MARUTI

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Moving Averages for Maruti Suzuki India Limited

5Day Average: 10970.69
12Day Average: 11095.75
20Day Average: 11134.9
50Day Average: 11958.85
100Day Average: 12206.2
150Day Average: 12308.13
200Day Average: 12213.19

MARUTI Indicators & signals

Indicator MACD (12,26,9)

11088.5, 11358.68, -295.27
Indicator MACD is in negative zone

Indicator ADX (14)

28.66, 15.08, 27.2
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 49
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of MARUTI Maruti Suzuki India Limited are as follows: Daily volume is divided by 10 day averaged volume

Date	Close	Range	Change %	Volume
26 Tue Nov 2024	10943.95	10891.45 to 11077.95	-0.74%	0.8 times
25 Mon Nov 2024	11025.15	10990.05 to 11247.95	-0.35%	1.25 times
22 Fri Nov 2024	11063.60	10827.25 to 11106.65	1.86%	0.97 times
21 Thu Nov 2024	10861.45	10770.00 to 10958.20	-0.89%	1.06 times
19 Tue Nov 2024	10959.30	10896.40 to 11195.25	-1.21%	1.7 times
18 Mon Nov 2024	11093.95	10915.00 to 11182.95	0.8%	0.66 times
14 Thu Nov 2024	11006.05	10892.10 to 11117.70	-0.39%	0.85 times
13 Wed Nov 2024	11049.60	10864.30 to 11142.85	-0.84%	1 times
12 Tue Nov 2024	11143.10	11107.25 to 11516.90	-2.25%	1.08 times
11 Mon Nov 2024	11399.70	11310.00 to 11518.15	0.86%	0.89 times
08 Fri Nov 2024	11303.00	11125.60 to 11344.00	0.03%	0.53 times
07 Thu Nov 2024	11300.15	11186.60 to 11385.00	-0.48%	1.04 times

Technical analysis forecast for Maruti Suzuki India Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Maruti Suzuki India Limited MARUTI at this time. Stock is falling and might fall more.

It appears as if Maruti Suzuki India Limited MARUTI gave a large move recently.

Stock of Maruti Suzuki India Limited (MARUTI) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

Although my analysis for Maruti Suzuki India Limited is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 10889.6, for a target of 11082.1 or 11242.53

More indepth analysis on MunafaSutra.com