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MARKET OUTLOOKMARUTISTOCK OUTLOOK

Maruti Outlook for the Week (February 19, 2024 – February 23, 2024)

Maruti
Maruti
Maruti closed the previous week on a negative note losing 7.32%.

Technically, Maruti share price will see immediate support at 10,853.70 and immediate resistance would be seen at 11,693.55.

If Maruti share price closes below immediate support of 10,853.70, then sharp breakdown can be seen. Maruti share price will see major support at 10,327.00 for the week.

On the positive side, immediate resistance will be seen at 11,693.55. Closing above 11,693.55, Maruti share price will see a sharp breakout. Major resistance for Maruti share price will be seen at 12,006.70 for the week.

Trading range for Maruti share price for this week should be between 10,013.85 on down side and 12,533.40 on up side.

Maruti Previous Week High: 11480

Maruti Previous Week Low: 10640.15

Maruti Previous Week Range: 839.85 Points

Maruti share price support and resistance for the week (February 19, 2024 – February 23, 2024)

Level Type Value
Resistance 3 12,533.40
Resistance 2 12,006.70
Resistance 1 11,693.55
Support 1 10,853.70
Support 2 10,327.00
Support 3 10,013.85
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