MARUTI Trading Within Fresh Weekly Demand ZoneMARUTI is currently trading at ₹10861.45, positioned within its demand zone between ₹10973.5 and ₹10458, identified on 16th February 2024. This fresh zone remains untested, suggesting potential buying interest at these levels. Investors may watch for support within this range, which could signal a possible rebound opportunity.
Disclaimer: This analysis is for informational purposes only and should not be considered as financial advice. Please conduct your own research or consult a financial advisor before making any investment or trading decisions
MARUTI
Maruti Waiting for BOMaruti largest car manufacturer in India. Festive and Marriage season is coming.
Technically formed Inverted HnS with neckline at almost 10000 and the tgt of 15500. Current mrket price is 12600. On daily chart showing good accumulation and BO and on weekly chart it will show BO if passes abv 13000.
Nifty AUTO is also showing BO after some consolidation. Maruti can be added for 15500 once crosses abv 13000. Please do your own study before investment.
Maruti - Range BreakoutCMP 12620 o 20.09.24
The stock has been traveling in a rising wedge pattern since March. In the last few days, it has been consolidating within a particular range. Today showing a breakout of that range.
If momentum continues may go to 13050/13300/13700.
As far as it seems above 12570. Setup remains active. One should wisely choose the position size and exit levels while considering risk-management.
This illustration is only own view for learning and sharing purposes, it is not a trading advice in any form.
All the best.
MARUTI 30 Min levels (S/R)we mark Support and Resistance on the charts so you can check..
According to Investtech, Maruti Suzuki India's (MARUTI) support and resistance levels are:
Support: 10,800 rupees
Resistance: 13,000 rupees
According to TradingView, Maruti Suzuki India's key resistance levels are: 13,170 rupees and 13,551 rupees.
According to Equitypandit, Maruti Suzuki India's support levels are: 12,344 rupees, 12,260 rupees, and 12,169 rupees.
According to Equitypandit, Maruti Suzuki India's resistance levels are: 12,518 rupees, 12,609 rupees, and 12,693 rupees.
Support and resistance levels are key points where a concentration of buyers or sellers meet a price trend. Investors and traders use these levels to identify potential entry and exit points.
BULLISH ON MARUTI Maruti has given breakdown from its trendline along with potential support.
In addition, after breakdown it has not fall an inch and thus inviting sellers. I am bullish on this trap.
We can see a big candle soon hunting SL of sellers.
Just an idea of upcoming trend. RR is favorable along with high probability setup.
Maruti ready to bounce offering great Risk to RewardMaruti is ready to again bounce after a decent consolidation as is very evident from the Weekly chart. A good Risk Reward Trade. SL can be 12000 on a weekly basis but positional target can be 13000. Also hovering at 20WEMA and 100 DEMA which offers a little more comfort
Bullish Hidden Divergence Spotted on MARUTIHello Traders.
As the Higher Timeframe Structure of Maruti is Purely Bullish. The Hidden Bullish Divergence is spotted on RSI on 1hr Timeframe.
Move on The upside to shown very soon. The Vehicle Big bro is Set to Fly over.
BOLLINGER BAND CONTACTING as candle sizes ate getting Narrow & it will be expanded soon. As it can create a Perfect swing setup.
HAPPY TRADING
MARUTI Weekly Update 07/JUNE/2024MARUTI currently in a Strong Uptrend. A Fresh breakout occurs few weeks ago & from Last few weeks trading between 12k - 13k.
RSI Hidden bullish divergence spotted on Weekly Chart. Indicates a Fresh new momentum & Continuation of the Trend will Continue soon.
Watching out for a Breakout on Daily Charts.
MONTHLY RSI > 60.
WEEKLY RSI > 60
Let the Daily RSI to close above 60 levels & will plan out entries on pullback on 10 EMA.
HAPPY TRADING
MARUTI - Ichimoku Breakout📈 Stock Name - Maruti Suzuki India Limited
🌐 Ichimoku Cloud Setup:
1️⃣ Today's close is above the Conversion Line.
2️⃣ Future Kumo is Turning Bullish.
3️⃣ Chikou span is slanting upwards.
All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER crossing 12340.
🚨Disclaimer: This is not a Buy or Sell recommendation. It's for educational purposes and a guiding light to learn trading in the market.
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MARUTI240425C11900Apr could be rewarding for maruti
above 440 if sustain for 30 min
then keep sl of 380
MARUTI is ready for a trendline breakout, signaling Bearish ViewAfter an uptrend, it transitions from higher highs to lower highs. Drawing a trendline indicates it's ready for a breakout. Keep the stock on the watchlist and wait for the breakout. Ensure that when it breaks the trendline and undergoes a retest, that's the time to enter
"Note: I will maintain charts in a simple way. Only those with basic knowledge of technical analysis will be able to understand what I am posting."
MARUTI | Investment Pick📊 Details
The Company was established in 1981. A joint venture agreement was signed between the Government of India and Suzuki Motor
Corporation (SMC), Japan in 1982. The Company became a subsidiary of SMC in 2002.It is the market leader in passenger vehicle segment in India. In terms of production volume and sales, the Company is now SMC’s largest subsidiary. SMC currently holds 56.28% of its equity stake.
The principal activities of the Company are manufacturing, purchase and sale of motor vehicles, components and spare parts.
Disclaimer: This analysis is solely for educational purposes and does not make me a SEBI registered analyst.
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MARUTI - WEEKLY BREAKOUT - EXCITING OPPORTUNITY Weekly breakout in MARUTI with good volumes. The stock has been consolidating for 16 weeks after the breakout and taking support on the breakout trendline. It is a good zone to buy as the Stoploss is small while the upside looks very good.
The stock's Fundamentals look very good as well. Overall it will be a good bet.
Maruti - Next Move?The stock price has been moving in a parallel channel in recent weeks. Can expect it to come to the lower side now. Also, a retest of the breakout at 10k levels seems due.
Other indicative actions are mentioned on the charts.
Risk-reward is good according to the setup.
Only for learning and understanding purposes, not a it of trading advice in any form.
All the best.