NSE:MARUTI (Maruti Suzuki India Limited) has climbed above 14,200–14,300 on rising volume and bullish technicals (RSI ~55, MACD, OBV, CVD), while CNG model bookings surged about 40% since May after fuel price hikes—supporting a suggested long zone of 14,250–14,450 with target 15,250 and stop 13,800.
Previous Week Recap
- Maruti Above 14,200–14,300: MARUTI rose above 14,200–14,300 on higher volume, trading above 100- and 200-week MAs. RSI ~55, MACD bullish, OBV and CVD rising. Suggested long zone 14,250–14,450; target 15,250; stop 13,800.
- MARUTI CNG Bookings Rise: Maruti Suzuki (MARUTI) bookings for CNG models rose ~40% since May after petrol and diesel price hikes, as traders watch higher demand for lower-running-cost vehicles and stronger CNG order flow
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