Signals, Powered By EquityPandit
Maruti closed the previous week on a negative note losing 5.22%.
Technically, Maruti share price will see immediate support at 10,359.32 and immediate resistance would be seen at 10,920.42.
If Maruti share price closes below immediate support of 10,359.32, then sharp breakdown can be seen. Maruti share price will see major support at 9,991.08 for the week.
On the positive side, immediate resistance will be seen at 10,920.42. Closing above 10,920.42, Maruti share price will see a sharp breakout. Major resistance for Maruti share price will be seen at 11,113.28 for the week.
Trading range for Maruti share price for this week should be between 9,798.22 on down side and 11,481.52 on up side.
Maruti Previous Week High: 10745.05
Maruti Previous Week Low: 10183.95
Maruti Previous Week Range: 561.1 Points
Maruti share price support and resistance for the week (October 16, 2023 – October 20, 2023)
| Level Type | Value |
|---|---|
| Resistance 3 | 11,481.52 |
| Resistance 2 | 11,113.28 |
| Resistance 1 | 10,920.42 |
| Support 1 | 10,359.32 |
| Support 2 | 9,991.08 |
| Support 3 | 9,798.22 |
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