trade based on trendif market follow the trend, then there is good possibility of making new high and based on this, it can hit 10400 around, let's see how it will behave
MARUTI trade ideas
MARUTI - Elliott Wave ViewMARUTI - The current structure can be assumed as an ending diagonal. If the structure holds, we are likely to see a reversal soon with corrections towards the 7,000 mark.
Bullish on marutiShort-term upside channel pattern.can expect quick target of 10300 in very short term.short term swing traders can buy
Maruti suzuki head and shoulder pattern Maruti Suzuki will give good future by breaking resistance of 10,000/-, now inverse Hammer pattern pulling the price.
# MARUTI SUZUKI INDMake ascending triangle chart pattern in 4 hour time fram also make Cup and handle pattern in same time frame take break out of swing high with high volume 100 EMA is below 50 EMA this is bullish Sign , MACD line and histogram saw fair value for bullish way , price is at 5 year high so first Target will be 11231.45 and stop loss will be 9318.95
This is for educational purpose not a trading advice so that's my view comment down your view 🤗
Maruti CUP and HandleLooks Like a cup and handle formed in Maruti. Do Consult your Financial Adviser Before Investing!!!. This is not a Recommendation.
Maruti 30 Min Maruti 30 min brackout
Maruti 30 min timeframe brackout only follow trendline, resistance level break and next big big move few days so see this level and mark your chart
Resistacne Level = 9495-9520
Support level = 9337-9300
follow this level, This level Fibonacci 0.5 importent level resistacne
Upward Price Movement in Maruti After BreakoutBuy Maruti As It Has Broken Crucial Resistance , Fundamental Data Gives Auto Sale Has Increased 20%
MarutiSince the auto sector is doing good, most of the auto ancillary stocks along with Auto stocks have given a BO
Maruti which already gave a BO last month, holds supports from 2/1 gann angle showing more bullishness
Maruti Suzuki AnalysisWe see a strong Resistance Zone on a monthly chart frame. Let 10,042 break on a weekly chart with decent volume. Next resistance/target would be 12,000.
Disclaimer :- I am not a SEBI Reg, Analayst. Please do your own analysis before trading/investing.
Maruti is at a crucial zone.The chart is pretty self-explanatory. Now all that matters is if the price holds above the zone. if it does we may see good momentum.
DISCLAIMER:
THIS IDEA IS MERELY FOR EDUCATIONAL AND CASE STUDY PURPOSES. THIS IS NO ADVICE. DO NOT INVEST BEFORE CONSULTING YOUR FINANCIAL ADVISOR.
MARUTI WILL SEE GOOD TIMES IN THE COMING WEEKS
Maruti has formed a nice double bottom pattern in the weekly chart
The pattern has also broken out of the neckline recently with gap-up indicating strong upmove potential ahead
Also RSI is in the overbought zone indicating the upwards momentum is very strong for this stock
Hence it is a good time to buy the stock before it rallies
Maruti is perfect candidate for Shorting
Maruti is perfect candidate for Shorting. Should give at least 5% on the downside in next couple of weeks
MARUTI - Weekly AnalysisIn the Weekly Chart of MARUTI ,
we can see that; it is at very crucial level of 9750-9800 and has again got rejection.
lets see if it can make or break the Trendline.
MARUTINSE:MARUTI
One Can Enter Now ! Or Wait for Retest of the Trendline (BO) Or wait For better R:R ratio
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
Maruti Suzuki forming cup pattern The auto sector in the last trading session is showing good momentum. The daily, weekly & monthly RSI are above 60 and showing a strong momentum. Most of auto makers have posted good Q4 results. In this sector Eicher Motors & Maruti is showing good strength.
Maruti Suzuki is one of the out performers in this sector with a strong momentum as RSI in daily, weekly & monthly are above 60. In weekly chart there is a 'W' Pattern.
Maruti Suzuki NSE:MARUTI
Decisive
A shortage of electric components impacted the company’s April production as per company reports.
Short on monthly timeframe.
Never trade a short without a stoploss.
*Not a financial advice to buy or sell. Only speculations.
My charts speaks louder than words.
I'm a chartist and I paint charts.
Q4 Result Analysis Q4 Result is good but not as per street expectation thats why todays closing nearly flat . I will prefer to go long near 7300 (Multiyear support )
MARUTI Positional Buy IdeaAs per my analysis NSE:MARUTI has indicated a strong reversal signal. My view is to take buy entry if any chance price come to level of 8550.00 with stop loss of 8380 (-170 points risk).
My expected upside target will be 8900 & 8990.00. This could be low risk and high reward trade.
Note: This is my personal analysis, only to learn stock market behavior. Thanks.
maruti maruti forming perfect W on weekly tf looks good with sl of 8100 weekly closing basis trgt upto full w
MARUTI - Weekly AnalysisIn the Weekly Chart of MARUTI ,
we can see that, It has broken the TrendLine.
We will see a pullback and downtrend will continue till next support.
