Stock Radar: Maruti Suzuki bounces back after taking support above 100-EMA on weekly charts; check target & stop loss

  • Posted on May 6, 2025
  • By Business News Today
  • 2 Views
Stock Radar: Maruti Suzuki bounces back after taking support above 100-EMA on weekly charts; check target & stop loss

Maruti Suzuki India Ltd rebounded after testing its 100-week EMA support. Technical analysts suggest a buying opportunity for short-term traders, targeting Rs 13,500 within 1-2 months. The stock's historical support at the 100-week moving average and recent price action indicate a potential upswing, supported by positive momentum indicators.
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Business News Today

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