Mohit_Jangir

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

Long
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 !!!
Trade active: Entry is triggered :)

Hold with given SL
Comment: 65 Points Intraday Gains

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

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

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

325 Points Move So Far :)
Comment: 2nd Target Achieved ; Highs of 6870 Rs. :)
Comment: ~350 Points Move :)
Comment: 6525 to 6900+ ; 375+ Points Move :)
Trade closed: target reached: 6525 to 7008.95 (483.95 Points or ~8% Returns) :)
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 😊

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.