"Maruti Options Strategy: Capitalizing on December Production Growth"

Looking to explore Maruti’s options, the January 30th, 2025 expiry presents some promising opportunities. With a 30.3% year-on-year increase in vehicle production, Maruti shows strong growth momentum. Notable call buying activity is observed around strikes 11500, 11600, and 11800, signaling potential upward movement. If Maruti continues its bullish trend, these levels could offer key areas of interest. The strategy would be to watch for a possible breakout around the 11900-12000 range, in line with the production growth, which could indicate further strength in the stock. Key support levels lie around 11800, with potential upside if these levels hold. Always ensure proper risk management when considering options trades.

Disclaimer:

The information and analysis provided in this article are for informational purposes only and should not be construed as investment advice. The content is based on publicly available data and is intended to help you understand the market trends. It is important to consult with a qualified financial advisor before making any investment decisions. Trading in securities involves risk, and it is essential to assess your risk tolerance and perform your own research before engaging in any trading activities. The author and Simple Trade With Patience (STWP) do not take any responsibility for any losses incurred from following the information provided.

Thu Jan 2, 2025