#maruthi # Channel Breakout #Head & Shoulder Maruthi possible breakout, took support of 50 DMA and crossed the resistance.
Buy @7480 target ~8000 (Short Term) ~9000 (Long Term) with 7200 as stoploss.
MARUTI
Maruti Closed @ Major Supply Zone. Maruti Closed @ Major Supply Zone @ 7520.
If Maruti will sustain above it's supply zone 7520-7550 then it may test its next supply zone 7600-7630.
It will be on my radar on Monday.
maruti suzukiAlong with few other autos, maruti has lagged but it is showing signs of a break-out. Trendline is very robust but a clear picture is yet to emerge. views are my own, trade if any should be taken only on own assessment.
#HeadAndShoulder #ChartPattern #UpTrendLineBuy Above 7410 Rs Keep SL Below 7200 Rs For Target 7860 Rs
PAIR TRADE IN MARUTI-VS-BAJAJ AUTO !!(DEC FUT)!!PAIR TRADE IN MARUTI-VS-BAJAJ AUTO
TRADE SETUP
HOLDING PERIOD:-2 TO 10 TRADING DAYS
ALL TRADES IN DEC FUT AND CASH FOR MATCHING VALUES
MARUTI
DEC FUT
BUY @7180
LOT:75
QTY:3"IMP"
TOTAL VALUE=16.16 LAC
BAJAJ AUTO
DEC FUT
SHORT@3260
LOT:250
QTY:2
TOTAL VALUE=16.30 LAC
"PAIR TRADES NEEDS TIME TO GENERATE INCOME"
"STAY TUNED FOR EXITS"
FORECAST FOR MARUTITHERE IS A STRONG POSSIBLITY FOR ACTIVITY IN THESE 3 LEVELS.
PURELY FOR STUDY PURPOSE.
Maruti Downtrend & Trade Setup !!TREND ANALYSIS & TRADE SETUP
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX.
Wait for entry setup, if available then Long/short.
R:R is 5 to 8 times.
Maruti - Positional SellSell Maruti at 7610 with a daily closing stoploss above 8050, Target 5010. Im expecting downtrend to resume from here as there is no uptick in Indian Economic Data.
Note: Stoploss is on a closing basis and this trade may take time since its a positional trade.
MARUTI - BUY signal generated at Rs. 7,178After the EXIT at around Rs. 9,000 , the next BUY signal came at Rs. 7,178 . We won't be able to buy at the lowest price, won't be able to sell at highest. But will eat the meat in the middle. Just need to follow a strategy.
The Pro-Breakouts strategy that I use automatically draws breakout and support lines, which result in trade signals. For more details, please refer to the website link in the signature field below.
Maruti - Long Swing TradeMaruti completed a bull phase with supply seen in the 8450 - 10000 rectangle zone.
The scrip appears to be breaking out of a year long downward channel move on the back of rising demand as seen in the volume with reasonable accumulation.
Stop Loss: 6650
Target: 8450
