🚗 Maruti Hits the Brakes: Bearish Engulfing Signals a Possible Correction Ahead!
Maruti Suzuki has been one of the strongest performers in the market since August 2025, rallying nearly 35% in just two months 📈. The uptrend was further boosted after the GST cut reform, which led to a huge gap-up opening. From there, the stock followed a clear trendline support, steadily moving higher week after week.
But now, the charts are flashing caution signals ⚠️:
✨ 1. Daily Chart View
On 29th September 2025, Maruti formed a bearish engulfing candle.
This isn’t just an ordinary candle — it engulfed the previous four trading sessions’ candles, showing strong selling pressure.
Such a large engulfing candle often signals a trend reversal, especially after a sharp rally.
📅 2. Weekly Chart View (Bigger Picture)
For the past 8 straight weeks, Maruti delivered green candles — a remarkable bullish run.
This week, the weekly chart is also showing the formation of a bearish engulfing pattern (although two days remain for confirmation).
If this pattern holds at the close, it would indicate that momentum has shifted from buyers to sellers.
📌 3. Trendline Break
The uptrend since August was guided by a well-respected trendline.
This trendline now appears to be broken, which adds further confirmation that the bullish momentum has weakened.
⚖️ 4. What This Means
🔻 Bearish Signal: A strong bearish engulfing candle after a steep rally is a textbook sign of a potential correction.
⛔ Trendline Broken: Losing the trendline suggests the uptrend structure is failing.
📉 Correction Likely: After a 35% run-up, profit booking and a healthy pullback seem due.
👉 Summary
Maruti’s spectacular run since August may have finally hit a wall. With a daily bearish engulfing candle, a trendline breakdown, and the weekly bearish engulfing pattern forming, the probability of a correction is high.
Disclaimer:- I have a short position on the Stock.
#Nifty #StockMarket #stockmarketsindia #SachinCharts #stockmarketcrash #Epic202426 #SachinStockChart #Maruti #Auto #SachinStockAnalysis
Maruti Suzuki has been one of the strongest performers in the market since August 2025, rallying nearly 35% in just two months 📈. The uptrend was further boosted after the GST cut reform, which led to a huge gap-up opening. From there, the stock followed a clear trendline support, steadily moving higher week after week.
But now, the charts are flashing caution signals ⚠️:
✨ 1. Daily Chart View
On 29th September 2025, Maruti formed a bearish engulfing candle.
This isn’t just an ordinary candle — it engulfed the previous four trading sessions’ candles, showing strong selling pressure.
Such a large engulfing candle often signals a trend reversal, especially after a sharp rally.
📅 2. Weekly Chart View (Bigger Picture)
For the past 8 straight weeks, Maruti delivered green candles — a remarkable bullish run.
This week, the weekly chart is also showing the formation of a bearish engulfing pattern (although two days remain for confirmation).
If this pattern holds at the close, it would indicate that momentum has shifted from buyers to sellers.
📌 3. Trendline Break
The uptrend since August was guided by a well-respected trendline.
This trendline now appears to be broken, which adds further confirmation that the bullish momentum has weakened.
⚖️ 4. What This Means
🔻 Bearish Signal: A strong bearish engulfing candle after a steep rally is a textbook sign of a potential correction.
⛔ Trendline Broken: Losing the trendline suggests the uptrend structure is failing.
📉 Correction Likely: After a 35% run-up, profit booking and a healthy pullback seem due.
👉 Summary
Maruti’s spectacular run since August may have finally hit a wall. With a daily bearish engulfing candle, a trendline breakdown, and the weekly bearish engulfing pattern forming, the probability of a correction is high.
Disclaimer:- I have a short position on the Stock.
#Nifty #StockMarket #stockmarketsindia #SachinCharts #stockmarketcrash #Epic202426 #SachinStockChart #Maruti #Auto #SachinStockAnalysis
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.