MARUTI
MARUTI - probable setup for coming week.MARUTI - probable setup for coming week for my own analysis purpose.
Maruti short below 6570 on hourlyIf hourly candle closes below 6570, short with target as shown in chart
Maruti Upside Possible1.Maruti has broken the important resistance of 6500
2.Retested the 6500 level after break
3.Bullish flag pattern is formed on 4 Hour chart
4.HH and HL pattern on daily chart
5.Price closed above 200 EMA on daily Chart
6. Risk Reward is 1:2
Buy at 6790-6750 Stoploss 6470 Target 7400
Auto pack - Maruti SuzukiAs I mentioned I'm Expecting a small or minor retracement towards 6330- 6290 level, I'll be a buyer on maruti and looking for the target of 6730 TG1 and 7000 level TG2. With a stop of 6200.
Currently chart patterns are looks good and nice flag pattern formation I have seen on the charts.
Support us by hittin Like , & few suggestions on Comment, & Pulish the post for more viewers get benefits.
Thank You,
Deepak
Maruti (Cup & Handle)There is an important zone(marked white) which needs to be crossed for long term Bullish stance.
MARUTI resisting trendlineMaruti is resisting trendline. Some more downside cannot be ruled out. Thus, high risk traders can sell on rise upto 6200-6250 for short term targets of 5900, 5600 & 5450. A daily closing above 6470 will negate our view.
Maruti Suzuki India Ltd. Trend Analysis Short to Meduium term !!TREND ANALYSIS
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
Identify previous Setups from Chart and use for Entry.
You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX.
Maruti 8000 ?The breakout is ready of the downward sloping line will happen on Monday and retrace to atleast 8000 levels, 50% retracement of the fall
Maruti Good for short Maruti Sell Below 6170 Stoploss 6205 Target 6088-6000 Resons For Trade- 1.Price near to 15 minute channel resistance 2. Price near daily resistance of 6200 3.Weak Candlstick pattern on 4 Hour Chart 4.Daily Trend is Down 5. Risk Reward is 1:2
Maruti SuzukiMaruti Suzuki first target 4800, second 3400. Maruti has break long term major support sets it in free fall.
4800 should be in 2 months by Oct.
MARUTI || SHORT || INTRADAYSell 5770 SL 5780
Targets 5760, 5750, 5740, 5730, 5720, 5710, 5700
OR
MARUTI AUG 5700 PE (147)
Target 195/200
MARUTI WAIT TILL 6580 , THEN SHORTIT CAN COME UP TO 6377 ,6580
LOOK FOR HIGHER HIGH HIGHER LOW IN THIS AREA, IF FALLS TO MAKE HIGHER HIGH HIGHER LOW, THEN SHORT AROUND
(6377 AND 6580 ). BE CAREFUL FOR FALSE BREAKOUT AROUNG 6600 . AND THEN SHORT
AND LOOK FOR 5860 AND 5760 .
STOP LOSS 6650
MARUTI suzuki ( investment and trading perspective)maruti suzuki is going through tough times and may see even more panic
but as its market leader will surivive and emerge victorious
although may take time but still nothing wrong to stay in it
NIFTYAUTO | 7000 Support of Last ResortNIFTYAUTO index has been on a downtrend traversing through key supports. Now 7000 seems to be the support of last resort for the index.
(Disclaimer: Our charts and contents are just for the purpose of analysis, learning and general discussion. Do not consider these as trading tips or investment ideas. Trading in Stocks, Futures and Options carry risk and is not suitable for every investor. Hence it is important to do your own analysis before making any investment or trading decisions based on you personal circumstances and it is always better to take advice from professionals)
