kbmj
Long

Maruti Suzuki : A Short Term Buy with Good R:R Set-Up (Bullish)

NSE:MARUTI   MARUTI SUZUKI IND
Dear All Members at TradingView ,

Maruti Suzuki India is trading near to Potential Reversal Zones of Bullish Gartley . Our Strategy should be :

Buy Near to 6515-6535 Rs . / Safe Players should enter above 6730 Rs .

Expected Targets : 6730-6860-7055+ / Aggressive Targets : 7500+ Rs .

Stop-Loss : 6450 Rs . on Closing Basis

A Good Buy for Investment Purpose as well .

Hope You will like My Idea ; Hit Like Button for Supporting & Comment your view in Comments Section .

Disclosure : I am not A SEBI Registered Technical Analyst !

Regards ,

Mohit Jangir (KBMJ)

Happy Trading !!!
Mar 24
Trade active: Entry is triggered :)

Hold with given SL
Mar 24
Comment: 65 Points Intraday Gains

6515 to 6580 Rs. So Far in 12 Minutes :)
Mar 24
Comment: Intraday Gains of 84+ Points

6515 to 6599+ So Far ; Book Accordingly
Mar 24
Trade closed manually: 6515 to 6620+ ; 115 Points Intraday Gains :)
Mar 26
Comment: Seems good to Buy April Futures with Selling Any OTM Call :)
Mar 28
Comment: Showing Good Signs of Recovery ; Hold with Mentioned SL :)
Mar 28
Comment: 6712+++ So Far ; Near to 1st Target :)
Mar 29
Comment: Boommmmmmmm !!!!!

1st Target Achieved :)
Mar 29
Comment: 6525 to 6775+ ... 250+ Points Move :)
Apr 01
Comment: 6525 to 6850 So Far ; Near to 2nd Target !

325 Points Move So Far :)
Apr 01
Comment: 2nd Target Achieved ; Highs of 6870 Rs. :)
Apr 01
Comment: ~350 Points Move :)
Apr 02
Comment: 6525 to 6900+ ; 375+ Points Move :)
Apr 03
Trade closed: target reached: 6525 to 7008.95 (483.95 Points or ~8% Returns) :)
Apr 03
Comment: Maruti Suzuki : All Targets Achieved !

6525 to 7098 Rs. ; 573 Points or Approx. 9% Returns 👍☺

Lot Size : 75 ; Total Profit : 42,975 Rs. Per Lot 👍

Trade Less ; Trade Solid 😊

Comments

Jordar bulls, Great Trade dude............keep it up.
+1 Reply
good harmonic pattern
+1 Reply
kbmj MAYA_MUMBAI
@MAYA_MUMBAI, Thanks :)
Reply
Let's hope for the best regards. .
+1 Reply
kbmj pk99133
@pk99133, :)
Reply
why its not a Bat pattern? #learningpurpose
Reply
kbmj Be0wulf
@Be0wulf, Reason is Ratios ; DM me for more explanations :)
Reply
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