Maruti Weekly Outlook and Analysis:

For the Week: (July 31, 2023 – August 04, 2023)

Maruti closed the previous week on a negative note losing 2.86%

Technically, Maruti share price will see immediate support at 9,535.42 and immediate resistance would be seen at 9,816.17

If Maruti share price closes below immediate support of 9,535.42, then sharp breakdown can be seen. Maruti share price will see major support at 9,400.53 for the week.

On the positive side, immediate resistance will be seen at 9,816.17. Closing above 9,816.17, Maruti share price will see a sharp breakout. Major resistance for Maruti share price will be seen at 9,962.03 for the week.

Trading range for Maruti share price for this week should be between 9,254.67 on down side and 10,096.92 on up side.

Maruti Previous Week High: 9827.15

Maruti Previous Week Low: 9546.4

Maruti Previous Week Range: 280.75 Points

Maruti share price support and resistance for the week (July 31, 2023 – August 04, 2023)