TradingView
indiamarketoutlook
May 24, 2020 4:30 PM
Maruti: On road to some recovery
Long
NSE:MARUTI
60
MARUTI SUZUKI IND
NSE
Description
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May 24, 2020 4:30 PM
Maruti
Cmp 5126
On daily charts we observe 3 white soldiers candlestick pattern
Any dips towards 5080-5050 may be considered as entry opportunity
Target 5350 / 5575 / 5633 / 5820
SL Short term traders can keep SL @ 4980
Medium term play ( target 5620) - SL if closing below 4820
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Alternatively, consider selling Maruti 25 June 2020 expiry 4800 Put option between 150 - 180
Max profit potential in strategy Rs 15000/- to Rs 18000/- per lot.
ROI potential of 12-14.4%
Take care & safe trading...!!!
Trade closed: target reached
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Jun 1, 2020 4:41 AM
Maruti Target of 5820 done
High of 5828
Trend Analysis
Candlestick Analysis
Chart Patterns
MARUTI
tradingview
Bullish Patterns
shortterm
Comments
akataria444
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May 29, 2020 6:12 PM
Sir ur analysis super
indiamarketoutlook
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May 31, 2020 5:32 PM
@akataria444
, Thank you very much for the appreciation
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