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MARUTI

RESULT OF LAST WEEK ANALYSIS OF VARIOUS SCRIPS PART -1Hi traders/Investors , Last week I shared few scrips movements and now compare them with this week move . Whether this amateur and non professional analyst can make people earn money or not . This is the statement of only one of my respected trollers who himself is not able to publish a single idea on platform but very eager to satisfy his ego writing these words. So being a "amateurs and non -professional" analyst I try to compare the accuracy with so called highly professionals. Though at one point he accepts my analysis make money but with above mentioned words. Reliance Industries In my first post and second I mentioned is quoting for your consideration" if red dotted line is taken out on smaller time frame of 1 hr then you will see rally to red line in coming days.( first post statement). you can see lower yellow dotted line is intact and price breached upper red dotted line but not taken out on either 1 hr and daily time frame. if tomorrow it fulfill this taken out condition the see rally.(in second post ) ". You can see price gave rally and touched my red line then came down little. This is the accuracy of amateur analyst. Next week trade plan 1, You can see the white circle the blue zone is taken out on daily basis with good volume also circled in white . So price is expected to move up with certain conditions. 2. I made a micro zone this can act as resistance for time being and target is the upper red line . Those who want to take longs ,they will have to wait till price move down to blue zone. But it does not mean price reached near it and you jump into trade. wait to see whether price stays at this zone or going to break it. 3.If yellow trend line is breached then it can be signal of weakness so do not take long til you get buy setup. In any case prices takes out blue zone on lower time frame then no trading either long or short. Wait for next day if price continue to move down then short with sl of upper band of blue zone. 4. Chances if not taken out micro zone then range bound can happen for day or two. Both arrow showing the direction after these levels. Maruti Compare my last statements for this scrip with this week move. 1. In my last post what is said quoting for your consideration " you can see in two days trading price did not close above bull candle in green still not activated so no long can be initiated. see beauty of analysis i made red dotted line price in two days did not dare to breach this." You can see when price activated this pattern a rally is seen which is not completed yet. The dotted line of lower side could not breach that see what is accuracy Mr.troller ( gann elloit trader) of amateur .By writing that name you can not be gann or eilliot just learn etiquette to write and search the real meaning of criticism. If you want to satisfy your ego go somewhere else . My analysis will not give you that privilege to satisfy your ego. The people like you can not even understand that language. Because mind set is in denial mode not in acceptable mode. 2. yellow dotted line is first target of longs from there price can go into consolidation for time being. Rest market will decide. Yogesh vats.
NSE:RELIANCELong
by yvatsji
6
IS MARUTI READY TO SURPRISE IN NEXT WEEK SEE YOURSELF !!Hi Traders/Investors, last week one of my condition was so helpful for aggressive traders that it saved for going short on this scrip . Let us understand it. "if blue zone is not taken out then price will move to red zone. where price can consolidate or momentum is strong then can breach it . but short after red zone can only be initiated when the condition of taken out is completed at res support zone." can you see the price took support took support from that red zone by making candle close near day. Has any body taken short on gap down open , he would have been trapped by bulls. I circled the the candle stick pattern called piercing . The psychology behind it is very much clear that bulls found that price lucrative as on support zone .so they came and bought aggressively closing price days high. Novice traders seeing this pattern will jump into long side buy positions. But intelligent will wait for next day trade to find out whether the entry is of weak bulls or really strong . In fact this pattern is Warning for short traders to cover their shorts. Those who do not later part can be painful to them. Every candle speaks else you know its psychology behind it. I am not saying you just go and take long next day. with this candle the price to reward is not comfortable. So let price make it comfortable by coming to red dotted line Then buy with the sl of bull candle low. I do not recommend this trade but aggressive nature can take this. I will like to trade when price gets activated on next day by closing above bull candle. Here is also problem If next day is also good momentum day to upside and take price away from upper end of blue zone then also risk reward will not match. so in that case you will have to buy when blue zone lower end is breached upside and price stay above this level for 30 mins then can go long with sl of red dotted line.Once price will stable upside then in next week lower end of white zone is my target. On good momentum can go to higher end also. In every post you all have been watching my conditions and level works magically why they are so reactive all times with almost 100% accuracy. While all on air advisers give numerical nos but have you ever seen me given nos. Nope , I believe in structural points , level where a scrip performs. Investors should wait this stock will come down then you can join. Rest market will decide. YOGESH VATS Note. All trading and investing decision should be take with consulting your financial planner. My idea can be wrong any time .
NSE:MARUTILong
by yvatsji
5
Explanation about how parallel channel work:Stock first Chance the trend with heavy volume and then price has consolidate in a horizontal parallel channel. A horizontal channel is formed by two parallel horizontal lines that frame the evolution of the price. The upper line is called the "resistance line". The lower line is called the "support line". A horizontal channel is confirmed/valid if it has good oscillation between the two parallel horizontal lines. The stock has break its channel with heavy volume and now forming a new channel.
NSE:MARUTIEducation
by kanchanpatel
Maruti: On road to some recoveryMaruti 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 --------------------------------------------------------------------------------------------------------------------- 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...!!!
NSE:MARUTILong
by indiamarketoutlook
2
MARUTI IS SHOWING STRENGTH IS IT REAL SEE YOURSELF !! WHAT IS HAPPENING BEHIND PRICE ACTION IN MARUTI 1. See this stock has made its bottom , the process of accumulation is going on where buyers want to buy at low price by trapping sellers with the impression of maruti making new low. This hope is created by smart money for sellers. Keeping price range bound. See rally in price that is for the attraction of sellers to short the stock so that price can come down . I find this phase very interesting in any scrip .Always buy at lower end of range because when this process will get over then good rally will welcome your positions of buy. Investors should adopt this strategy. This happens in all stocks. Reliance remained me in that process of re -accumulation for may years keeping price range bound. See now what speed of gains. So in this sort of structure one should invest for good returns . 2. I made a blue zone upper side where price is trading. That is real resistance . It not taken out , old followers know that new should visit to see my analysis of Asian paints where I mentioned it. Attaching for your consideration.Then price will move to red support zone. If trader is short then shorts be booked here. To open new shorts when this red support zone is taken out then with the sl of zone go short with the target of white support. This is how one should trade in this scrip in coming days. 3. On other side If blue zone is taken out then long with the sl of blue zone. Investors should wait for price to come near white support. If this upper blue zone remains resistance then this process will take one to three months to come out of accumulation phase. In my style of trading and investments I follow conditions properly. Same expected to all who wants to trade or invest in this stock. I do not use conventional method of sl, entry and target to share with traders. I manifest complete trade with conditions to make people trading easy. Rest market will decide. Note. All investments and trading should be done with the consultancy of your financial advisor. YOGESH VATS
NSE:MARUTIShort
by yvatsji
11
Disjoint Channel users psychology trading.Channels are price ranges that a stock or other investment trades within over a period of time. The chart above illustrates the key aspect of channels. They can reveal potentially important price levels, from a chart analysis perspective. Chart users attribute these signals to the psychology of individual investors attaching significance to price points that are perceived as important. Some active investors use channels more extensively. This trading approach has unique risks. Risk management by placing stop/stop-limit orders at prices above and below the buy and sell prices, to help protect yourself against losses.
NSE:MARUTI
by reshmi_chauhan1
34