SMLISUZU technical analysis

Technical Analysis Report

Stock Overview: SML ISUZU LTD, NSE, current price: ₹1,688.65. SML ISUZU LTD is engaged in the manufacturing and sale of commercial vehicles and related components.

Key Levels:

Support: ₹750.90, ₹1,120.45

Upside swing zone: ₹1,371.00, ₹1,582.90

Possible upside levels: ₹2,387.95, ₹2,757.50, ₹3,228.30, ₹4,587.85

Technical Indicators:

RSI (Relative Strength Index) is currently at 54.36, indicating a neutral momentum.

Volume is at 489.15K, showing moderate trading activity.

MA (Moving Average) is trending upwards, suggesting a potential bullish trend.

Sector and Market Context: SML ISUZU LTD's performance should be analyzed in the context of the commercial vehicle sector, which has shown resilience and growth potential. The overall market trends indicate a recovery phase, with increased demand for commercial vehicles.

Risk Considerations: Potential risks include market volatility, changes in regulatory policies, and economic conditions that could impact the commercial vehicle industry. Additionally, supply chain disruptions and fluctuating raw material prices might influence stock movement.

Analysis Summary: SML ISUZU LTD shows promising technical indicators with potential upside levels. However, investors should consider sector performance and market conditions, along with possible risks, before making investment decisions.