Signals, Powered By EquityPandit
Maruti closed the previous week on a negative note losing 3.93%.
Technically, Maruti share price will see immediate support at 12,363.07 and immediate resistance would be seen at 12,863.87.
If Maruti share price closes below immediate support of 12,363.07, then sharp breakdown can be seen. Maruti share price will see major support at 12,050.63 for the week.
On the positive side, immediate resistance will be seen at 12,863.87. Closing above 12,863.87, Maruti share price will see a sharp breakout. Major resistance for Maruti share price will be seen at 13,052.23 for the week.
Trading range for Maruti share price for this week should be between 11,862.27 on down side and 13,364.67 on up side.
Maruti Previous Week High: 12739.8
Maruti Previous Week Low: 12239
Maruti Previous Week Range: 500.8 Points
Maruti share price support and resistance for the week (May 13, 2024 – May 17, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 13,364.67 |
| Resistance 2 | 13,052.23 |
| Resistance 1 | 12,863.87 |
| Support 1 | 12,363.07 |
| Support 2 | 12,050.63 |
| Support 3 | 11,862.27 |
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