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MARUTI SUZUKI INDIA LTD.MARUTI SUZUKI INDIA LTD.MARUTI SUZUKI INDIA LTD.

MARUTI SUZUKI INDIA LTD.

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MARUTI trade ideas

MARUTI - Price Action Analysis Weekly TFThe bull run of NSE:MARUTI has reached at the same levels where it was rejected earlier in Jan 2018. The same we can get using bearish harmonic shark pattern with level of .887 at the price of 9400 in weekly TF. So we can calculate Supply zone in-between the range of 9400- 9700. There will be higher chance of correction from here. BUY : Buying opportunity only comes either price will give breakout above 9700 and sustain with good momentum and volume. then next target will be 10500 which derived from the harmonic level of 1.131 SELL : Short opportunity only comes if price will start making LH-LL in daily TF with rejection confirmation candle that leads price again with level of 7700-8000 . So who carried from the long time can start to book their profit and new buyer and seller can wait for the either side of the confirmation. My view still at the bearish side because Auto sector has already given a good rally and now compare to negative global cues and all, some correction may happen over here. so do accordingly. If you have other opinion, please share your comment below and like & follow for upcoming great analysis. Safe Trading ;)
NSE:MARUTIShort
by vraj8597
2
Largest car company in India - Maruti SuzukiBased on Market share and Turnover Maruti Suzuki is the largest car company in India with a market share of ~45%, nearly half of the cars sold in the country. Some macro... If India's economy continues to grow as predicted, by 2025 the Indian middle class will number 583 million people, or 41 percent of India's projected population,1 almost twice the current population of the United States (Columbia.edu). India’s real GDP is projected to grow at 9% in both 2021-22 and 2022-23 and at 7.1% in 2023-24. This projects India as the fastest growing major economy in the world in all these three years. Source: Ministry of Finance India has the third-largest group of scientists and technicians in the world and the population of India is expected to rise from 121.1 cr to 152.2 cr during 2011-36 an increase of 25.7% in twenty five years. Source: National Commission on Population, Ministry of Health & Family Welfare Nifty 50 vs S&P 500: Website: www.marutisuzuki.com This a long term hold
NSE:MARUTILong
by Lanmar
6
MARUTI on UPTREND ++ Positive Results ++ Volume & OI GainingScript: MARUTI Nifty50 Stock: YES Sector: AUTO Results: Published on 27th July. Very Positive Result. Q1 EBITDA RUPEES 19B VS 8.21B (YOY). Q1 NET Profit Rupees 10.1B vs 4.4B(YOY). Profit more than doubles, revenue hits 51% higher NOTE: Ignore parallel channel! :-) MARUTI has posted a good Q1 result which should trigger breakout. It's started showing strength and gaining momentum now! As per OI, 9000 is a major resistance for July & Aug expiry. Call writing been seen at 8800 & 8700 for Aug. 8500 is a major support now for this and next expiry. It seems though that a number of call writers are stuck at 8600! If it sustains at this range (8650 or above) or crosses 8700 then we could see decent short covering rally soon. It's above 50 & 200 EMA (there was a decent bounce from 200 EMA). As per chart, strong Breakout could be seen above 9000 And sustaining above 9000-9100 will open up higher levels. ie 9500, 9700 & 10000. Supply Zone will be 8300-8380 on a lower side- Will be buying opportunity! 1st entry should only be above 8700 and 2nd should be above 9000 (on re-test). CAUTION - TIP of the DAY : For F&O..It's better to enter in long when RSI is above 60 or enter in short when it's below 40. Also keep an eye on OI (open interest) and Volume. Higher is better. If there is not much volume or OI keeps decreasing then better to stay away and wait for them to go up before entering. FYI- For indexes, probability will be higher if you enter when RSI is above 60 or below 40, volume above 50k(for Nifty) or 125 (for Bank Nifty) and OI is at or above 2M. FYI - MARUTI's RSI is about to cross 60 on daily chart. OI decreased significantly for July (due to call writers covering their positions) and increased (due to longs been added heavily for Aug expiry). I can see huge volume for both expiries in last one hour of closing (on 27th July), expecting to gap up or keep moving higher up from 29th July. Next on a list is TATA MOTORS - also looking good! *** For F&O - Always hedge your position or keep SL in the system *** Play Safe! Protect your Capital! ***
NSE:MARUTILong
by UnknownUnicorn24770148
1
MARUTI - A strong conviction, Buy on Dips chart structureWHY? - A meaningful INHS breakout on the monthly chart (Black-line) is sustaining for a long period now, confirming strong medium-term bullishness. - On the weekly chart Price is protected by a trendline (Green), Below which it only traded in RUSSIA - UKRAINE crisis and still closed above that - The NSE auto index (CNXAUTO) is also showing medium-term bullishness which will act as sentimental support - Resistance on the above side (Red) is tested multiple times and the chart can break out at any time in the next few months. - So keep adding MARUTI near to its weekly support line Happy Investing
NSE:MARUTILong
by LokeshSurana