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Prameela Balakkala

28th Apr 2025 · SEBI-Registered Analyst

Maruti What to expect next

MARUTI
Current Status: No Trade Zone Price rejected from trendline resistance near ₹11,800–₹11,900. Trading below 20/50/200 EMA → bears have control. As long as ₹12,000 - ₹12,050 is not convincingly broken, MARUTI remains weak. If price breaks below ₹11,400 again, it can fall towards ₹10,800 zone easily. Only a strong breakout above ₹12,050 - ₹12,100 (with volume) will confirm a bullish reversal toward ₹12,800+.

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Maruti.PNG
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