Maruti Bearish Setup

### Maruti Analysis for Monday Trade #### Current Market Data - **Current Price**: ₹12,694.00 (down by 1.27% today) *SOURCE: Yahoo Finance* #### Open Interest & Price Change - **Price Change**: -1.2% - **Put Call Ratio (PCR)**: 0.41 - **Call OI Change**: +19.0% - **Put OI Change**: +10.2% - **Futures OI Change**: +5.4% *SOURCE: Our Database (bhavcopy)* #### Financial Metrics - **P/E (Trailing)**: 27.86 - **P/E (Forward)**: 20.95 - **PEG Ratio**: 0.77 - **Revenue Growth**: +35.90% - **52-Week Range**: ₹12,201.00 — ₹17,370.00 *SOURCE: Yahoo Finance* #### Global Market Cues - **Nifty 50**: 23,897.70 (+0.10%) - **Bank Nifty**: 57,369.65 (-0.02%) - **India VIX**: 10.68 (-6.11%) - **S&P 500**: 7,718.60 (-0.38%) - **Dow Jones**: 53,414.25 (-0.51%) - **Nasdaq**: 26,506.99 (-0.29%) - **Nikkei 225**: 65,020.94 (+1.17%) *SOURCE: Internet (live)* #### Analysis & Prediction for Monday - **Directional Bias**: **Bearish** - **Reasoning**: Significant call writing (+19.0% in Call OI) indicates bearish sentiment. The low PCR of 0.41 also supports a bearish outlook. - **Global Cues**: Mixed signals with a slight negative bias from US markets, but positive cues from Asian markets. - **Financials**: The stock is trading closer to its 52-week low, indicating potential support around ₹12,201.00. #### Key Support & Resistance Levels - **Support**: ₹12,201.00 (52-week low) - **Resistance**: ₹13,000.00 (psychological level) #### Trade Idea - **Bearish Strategy**: Consider a **Bear Put Spread** to capitalize on the bearish sentiment. - **Buy**: ATM Put Option (e.g., ₹12,700 Put) - **Sell**: Lower Strike Put Option (e.g., ₹12,500 Put) - **Rationale**: This strategy limits risk while allowing for profit if Maruti continues to decline. #### Additional Considerations - **Risk Management**: Adhere to your trading rules, especially the stop-loss and position sizing guidelines. - **Technical Confirmation**: Ensure the setup aligns with your technical indicators, such as BB SuperTrend and moving averages, before entering the trade. *SOURCE: Your Knowledge Base* This analysis provides a comprehensive view of Maruti's current situation and offers a practical trade idea for Monday. Always ensure to cross-verify with live data and your own trading rules before executing any trade.