Support zone has been tested multiple times from October'2020. Can give very good returns if breaks the support - Head and shoulder breakdown Intraday - Enter on support break and target 6670 Swing - Enter if daily candle breaks 6700 for targets 6580, 6500 and 6300 P.S. If stock bounces from support and breaks 6900 on daily candle then minimum target 7100/7150
Price forming falling wedge pattern at the resistance and much needed pressure was already in, a spark of buying pressure will make the price to fly high to reach 8500 this time.
200EMA below price is trading so it's an indication of Bearish trend confirmation. 6751 is 1st Key SUPPORT 1 if Breaks this Level, and SUPPORT 2 level 6236 is 1st target.
TATAMOTORS has given a small breakout and can head to next RESISTANCE level around 327, ONE CAN BUY AROUND 310-305 WITH SL OF 303 FOR TARGET OF 314-319-325
A lower timeframe can give you an exact entry.
buy 2-4 shares b/w 6800-6450 ================================ stoploss - 5427 ================================ add again some share after it reverses from 6450 ================================ again buy when it breaks 3 lvl of 3rd wave ---------------------- thanks.... ----------------------
Complete EW
bullish bat seen at 6400-500........if sustains 6400-500 den we see nice rebound till 7200-300 Thanks Jp Pro- Harmonics Jigar Pateel 8898030401
I will buy MARUTI because : It has been taking support at the trend line . It has been consolidating and give big move soon. It is also forming a head and shoulder pattern. So will be looking at buying opportunities. If it breaks the support look at shorting Entry : 6784 Target : 7353/7695/8216 Stop loss : 6404/6290
Maruti is near a crucial support. Might bounce if the auto sector goes bullish. Will give good targets. Keep it under watch.
A simple and powerful strategy that is going to work in #Maruti in the near term. Kindly track closely Thanks
Target 7600 SL 6950 Triangle Pattern Breakout
> After continuous fall Maruti has entered key support zone and hinting to go up. > Key movements to watch are to see if price can close above 200EMA and volume is higher than last 5 days average > Price is consolidating between 6950 to 7020, if price closes above 7025 on hourly time frame, go long on swing trade, with SL of 6800
Head and shoulder pattern can be seen in Maruti
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Hello Trader's, Maruti's Chart analysis. Key Levels mentioned in the chart. Expected breakout levels mentioned. Keep Supporting guys and guide me if there's something wrong with the analysis. Keep Learning. "Do your own analysis before taking trade".
Martui Suzuki share price has started a News bear phase, which is indicated by Head and shoulders pattern and breakdown of neckline. During Wave A, it fell 11% from the top (A) and then retraced by 50% (B). It fallen again to 6900 giving 900 point gap Due to ongoing market condition, it retraced to 7300, which is a strong resistance line. It is yet to reach the...