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MARKET OUTLOOKMARUTISTOCK OUTLOOK

Maruti Outlook for the Week (February 12, 2024 – February 16, 2024)

Maruti
Maruti
Maruti closed the previous week on a negative note losing 5.23%.

Technically, Maruti share price will see immediate support at 10,430.73 and immediate resistance would be seen at 11,004.23.

If Maruti share price closes below immediate support of 10,430.73, then sharp breakdown can be seen. Maruti share price will see major support at 10,128.62 for the week.

On the positive side, immediate resistance will be seen at 11,004.23. Closing above 11,004.23, Maruti share price will see a sharp breakout. Major resistance for Maruti share price will be seen at 11,275.62 for the week.

Trading range for Maruti share price for this week should be between 9,857.23 on down side and 11,577.73 on up side.

Maruti Previous Week High: 10973.5

Maruti Previous Week Low: 10400

Maruti Previous Week Range: 573.5 Points

Maruti share price support and resistance for the week (February 12, 2024 – February 16, 2024)

Level Type Value
Resistance 3 11,577.73
Resistance 2 11,275.62
Resistance 1 11,004.23
Support 1 10,430.73
Support 2 10,128.62
Support 3 9,857.23
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