Sell Maruti Suzuki, target Rs 8300: Aditya Agarwal

The Swift secured an obvious third place, closing the top three spots for Maruti Suzuki. With a sale of more than 2.1 lakh units, it sits head and shoulders above the rest in its segment.

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26 Aug, 2025 12:21

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Maruti Suzuki has been under pressure since past few trading sessions as stock resumed its medium-term downtrend. Recently, the stock confirmed its breakdown on daily RSI (14) which doesn’t bode well for bulls.

Also, the daily, as well as the weekly RSI, has a signal shift in a range. Hence, we expect a further correction in this stock and recommend traders to short Maruti around Rs 9000 levels with a price target of Rs 8300. Stop loss should be placed at Rs 9350 on a closing basis.

Disclaimer: The author Head Technical Research, Way2Wealth Brokers Pvt. Ltd. The views and investment tips expressed by investment expert on Moneycontrol.com are his own and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.