This Trade is derived on Probability basis; Do Not Risk more than 3% of your Principal amount;
Maruti has given Pole and Flag Break-out. after giving break-out, stock consolidated sideways with lower volumes. today stock has again started moving up with higher volumes. Stock has support near 6800/6700 and will try to regain upper level of 7300. PS: Chart and view is only for purpose of learning, Please consult financial advisor before any investment.
Change in polarity = when a support becomes resistance or a resistance acts as a support 1. A newly broken support can act as a resistance 2. wait for a rejection of the resistance(?) 3. Enter a trade when the immediate support (black line) is broken convincingly 4. Do not enter if the resistance is broken on the upside Disclaimer: The analysis here is for...
Maruti Suzuki broken the down trend in 4h.it have enough power to push next resistance 7138. long with sl 6500 Target 1 = 6950 Target 2 = 7140
If Maruti Spot Day Closing Above @7101 then go Long for Levels - 7551/8111. View negated below - 6999 (DCB).
- BEARISH DIVERGENCE IN DAILY TIMEFRAME - SHORT ON BREAKDOWN OF TRENDLINE
MARUTI 1 HOUR WOLFE WAVE TRADE 200 MA support at near 6940 also strong support so good to buy Maruti BUY MARUTI AT CURRENT POINT : 7000 TIGHT STOPLOSS : 6940 TAKEPROFIT : 7200
Maruti has already made a double top pattern previously followed a continuous move towards up, and formed a curve where buyers and sellers were both confused where the direction of the stock is? After forming a double top pattern the stock has moved towards down direction. At current level it is forming a disjoint channel, and the stock is moving near the...
Maruti Suzuki India Limited : Automobile Manufacturer Company ( NSE:MARUTI ) is Making Symmetrical Triangle Pattern (PATTERN BREAKOUT TRADE). This can become a very good trade for INTRADAY traders. Target + StopLoss: There is no target here. You keep the first target as much as the StopLoss you put. And the StopLoss will be the Low/High of the candle that...
MARUTI SWING BUY AT 6978 (LIMIT ORDER) STOP LOSS 6790
Shorted Maruti around 7080 for EOD target of 7000 SL is 7140
Maruti is formimg IHNS on 30mins chart, where support is around 7000 levels. CMP is 7035, SL will be below 7000,15 min sustain basis. once BO happens, move will be fast. Note: This chart and levels are for purpose of education, please consult financial advisor before trading
Maruti levels...17/09/2020 (1hr Candle)
BAJAJ-AUTO LTD. has made good Support on bottom line @ 2840 Also has made Dragonfly Doji Pattern which shows some Recovery for Upside. BAJAJ-AUTO Made a good Support @2840 DRAGONFLY DOJI CANDLE PATTERN CMP @2898.20 TGT-- 2.970--3030 Stop Loss @ 2840 2-3 Days Expected {ALL MY VIEWS ARE ONLY FOR EDUCATIONAL PURPOSE.}
Probable rebound point is drawn. Moving in a range for some time indicating someone buying futures ! Huge call option writing suggest that the rebound will happen after reaching support and not before that !