After gap down opening in NSE:MARUTI , buying had been seen from 6700 levels.
Maruti trying to capture the bullish mark of Sep 2021... Keep on radar.... trading levels marked... Like... Share... Follow...
NSE:MARUTI showed a reversal today but 6850 worked as a resistance. If it breaks this level decisively then it can show 6900. Volumes and RSI are also supporting.
hello traders hope you find this chart helpful thank you
RSI strengthening , EMA crossing DMA , MACD Bullish crossover and Break of 1st resistance can strengthen Maruti price over short term and can lead to good uptrend. It is expected not guaranteed. All balls to be hit to have good gains . This is not a financial advice.
Bearish Head & Shoulder indicating downward trend. There was already a bearish triangle pattern i found last week and now this bearish head and shoulder pattern is confirming down trend. One can short Maruti for a target of ₹ 5800 with a stop loss of 6800
In NSE:MARUTI , I can see DOJI candle today. RSI is somewhat showing signs of reversal. It can show 6500 levels and then start consolidating.
Short Maruti below ₹ 6810 for a target of ₹. 6650. Here mostly the stock look weak and so will go down hence i an advising for short position.
NIFTY 50 EOD ANALYSIS -26-08-21 IN SUMMARY O / H / L / C 16627.95 / 16683.7 / 16603.7 / 16636.9 H-L = 80 points VIX 13.54 / -0.3% FII DII: -919 Crores Likely open: Flat to positive with resistance at 16650-700. CHART BASED CONCLUSIONS On a closing basis, Nifty expired the series on a flat note. Nifty made a lower high and a lower low. The trading...
NSE:MARUTI is so weak and can show 6500 levels soon. RSI is in oversold zone. From 6500-6450 levels it can show some reversal.
NSE:MARUTI has given closing below it's support. It might show 6400 levels if weakness continues for sometime.
Maruti Suzuki May gain 10% in 15 days It looks good to buy now
Automobile sector is already suffering from semiconductor chip shortage in general. The latest 200 Cr Fine by Competition Commission of India on Maruti Suzuki definitely doesnt help the company. I have used Fibonacci Pivot Points to set a target - Take 70% at S2 and Rest 30% at S1, The Stop Loss has been set at the recent high candle. Happy Trading! This is not...
NSE:MARUTI was able to sustain it's buying zone. It did not break it.
Bullish Flag pattern in Maruti Suzuki. Wait for breakout.
Buy Maruti Stoploss 6930 Target 7920 and 8310 Study: Inverse Head & Shoulder Pattern Breakout and Retest
NSE:MARUTI respected the support of 6750 levels and reversed from there. The people who have been able to grab some small quantity should be feeling lucky. Great recovery of more than 100 points from there. RSI (around 30) is showing kind of reversal. But consolidation can start from here for some time before moving further up or down.
NSE:MARUTI has broken support of 6850, now heading towards 6800 and 6750. But it can show reversal from RSI 30 as seen historically. This time it might not show 6400 like earlier.