MARUTI 1 Month View

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📌 Current Market Snapshot (Daily)

Current approximate price:
📍 ~₹14,480–₹14,900 range (varying slightly between NSE/BSE live feeds).

Daily trading range:
• Low: ~₹14,350
• High: ~₹14,870**

52-Week Range:
• Low: ~₹11,059
• High: ~₹17,370 +

📈 1-Month Key Levels (Support & Resistance)

🔁 Resistance Levels (Upside)
R1: ~₹15,300–₹15,400 — immediate supply / pivot resistance on the 1-month timeframe.
R2: ~₹15,730–₹15,800 — next resistance zone (near shorter moving averages).
R3: ~₹16,150–₹16,170 — higher resistance and lower trading range top.
Near term major resistance: Above ~₹16,650–₹16,830 could signal a breakout continuation to higher 1-month highs.

🔽 Support Levels (Downside)
S1: ~₹14,440–₹14,480 — immediate downside support cluster.
S2: ~₹14,000 — psychological and lower short-term support.
S3: ~₹13,570–₹13,600 — deeper support if weak momentum continues.

🔄 Pivot Reference
Pivot (central reference): ~₹14,867–₹14,900 area — if price closes above this regularly, short-term bias could tilt up; below it suggests bearish control in the 1-month context.

📊 1-Month Price Behavior & Interpretation

✔ The stock has pulled back significantly from recent peak levels near ₹16.8k–₹17.3k seen earlier in January/December.
✔ Currently trading below most short-term moving averages (20 DMA / 50 DMA) — indicating short-term bearish pressure.
✔ Near-term price action will focus on whether ₹14.4k support holds; breach below that could expose deeper pullbacks toward ₹14.0k–₹13.6k.

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