Positive Momentum for Maruti Suzuki
Maruti Suzuki is currently trading above a significant support level of ₹10,948 and is forming a triangle pattern. A breakout from this formation could lead to a bounce from these levels, potentially reaching the target of ₹13,530. Traders may consider entering at ₹10,942, with a minimum stop-loss placed slightly below the support zone at ₹10,660.
Fundamental Analysis of Maruti Suzuki for December 2024
Sales Performance: Maruti Suzuki sold 181,531 units in November 2024, with a significant portion coming from domestic sales.
Discount Offers: Year-end discounts are available across various models, enhancing customer incentives and potentially increasing footfall in dealerships.
Model Popularity: The Alto K10 and Swift are among the best-selling models this month, contributing to Maruti's strong market presence.
Fundamental Analysis of Maruti Suzuki for December 2024
Sales Performance: Maruti Suzuki sold 181,531 units in November 2024, with a significant portion coming from domestic sales.
Discount Offers: Year-end discounts are available across various models, enhancing customer incentives and potentially increasing footfall in dealerships.
Model Popularity: The Alto K10 and Swift are among the best-selling models this month, contributing to Maruti's strong market presence.
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