MARUTI trade ideas
Another Triangle is ENDING!!!!!!Hey guys, YOu can see that a short triangle is coming to its end in 1H candle chart. So, it is strongly advised to wait tomorrow after opening bell for atleast 2 hours as, prices may be open at a low price or will go down if opened high. Then, we can enter into buy or sell position because a large candle is expected to be formed i.e triangle breakout.
If prices go up buy at 6850 and TP at 6910-6920. If go down sell at 6630 and TP at 6550-6540.
MARUTI SUZUKI BUY SIGNALA buying position is being created in MARUTI for a while now, tomorrow maybe the price opens low but will rally up till the end of the day so 6798 will be the target of tomorrow for Maruti to achieve. SL - 6500 buy at 6530-6540
MARUTI 6150 || SHORT || INTRADAYSELL below 6150 SL 6160
Targets 6140, 6130, 6120, 6100, 6080, 6070, 6065
OR
MARUTI 26SEP 6100 PE (₹ 140)
Looks like correction ended @ the low 5546 and target 7150...Market Commentary:
READ THE MARKET COMMENTARY IN THE CHART CAREFULLY...AND TRY TO LEARN THE ELLIOT WAVES...OTHERWISE ITS TOUGH TO UNDERSTAND MY ANALYSIS
YOU CAN COMMENT ONLY FOR DOUBTS IN LEARNING EW AND NOT FOR ENTER OR EXIT IN THE TRADE OR ASKING ME OR SUGGESTING ON WHAT U TAKEN, ACCORDING TO YOUR ANALYSIS.
All information given inside the chart and i shared this for educational purpose only. Maximum i wont give the followup or update in the old chart posted as educational trade idea, sometimes i will...so please make sure if i posted the new chart for the same pair, it could be a possible wave count or update. Make sure that old one was invalid or possible or alternate wave and the new one is valid. Good luck and cheers.
This is a educational post only...my ambition is to create a awareness to the traders who lose the money and treating like a gambling...this is a pure business and not only buy and sell apart from that we have to fine tune ourselves in various part of trading...cheers once again.
MARUTI Short Setup [Intraday] NSE:MARUTI short at 6095 with SL at 6159.15. Targets are mentioned on the chart.
Note:
Please Consult Your Financial Advisor Before Taking Any Decision
Always risk 1% of account size per trade, adjust the position size accordingly.
maruti reversal trackmaruti can be excpected to travell this trajectory before further downslide , its a good risk to reward trade worth trading
618 SAN; News based biggest monthly sales downDoes this impact the price to go down ?
If gapdown below 5543, then pushes towards 5460 and 5371.
Sl compulsory
Maruti support level 4081 RsThere are support level for Maruti is 4081. Its just for study purpose. There are no recommendation to buy and sell on the same stock
Maruti Accumulating phaseMonthly Elliot wave if doesn't close below 4790 or point A then huge move possible
MARUTI READY for UPMOVE!!!!maruti taking support of long-term trade line
bull above 6100 for 6200,6300,6500 with
bears below 5900 for 5500
481 SAN. RSI Diver in playDisclaimer:
Please consult with your financial adviser before making any trading or investment decision. Set-up provided here is for informational and educational purposes only.
This is not a sell or buy recommendation. We are not responsible for any gain or loss; Consult your financial advisor before your execution of trade.
There are heavy chance that most of the presented scripts does not meet set (described) entry conditions, as most of the posted analysis are based on Static ANalysis (SAN). Many times scenarios does not arise for good and ideal entry points. Hence needs personalized intraday techniques and strategies (PITS) are required for your entries and exists Always run with SL. WavoZen aims for microtrading, unless specified. Wavozen1 aims to publish real-time entries and exits.
Set-up presented here is for observational purpose only and most of the set-up designed by WavoZen is based on SAN for intraday purpose only to get the basic structure for intra-day short term or ultra-short term purpose only. Most of the set-up is valid for a day or otherwise mentioned. Hence requires your fine tuned personalized intraday techniques and strategies (PITS) based on Real-time Analysis (RT)/ Dynamic ANalysis (DAN) to get benefit from these structures or to have minimum loss, if wrong through your PIT Strategies (your trade plan). Overnight events, Gap-up opening, gap-down opening, news, major economic data release etc may impact the deviation from the assumed scenarios. If entry conditions and criteria are not meet, then we should not take any chance to enter on assumed scenarios. If there is a deviation in assumed scenario in time, speed and angle and these deviations will not encourages for entry as referred as entry not valid (ENV). Daily post appears on stocktwits.WavoZen. Abbreviations: PT1: Profit taking point 1; PT2 =profit taking point 2; SL: Stoploss point. ENT: Entry not Triggered; ENV: Entry not valid. Weekly Review : WR;
