✅ Price come to Weekly multiple time tested support zone 8011-8163. ✅ Price on 4hr.ly try to making a Double Bottom id price come this Green zone on 4hr then you can look for entry. ✅ But If price break this level with strong selling then this level 8011-8163 act as a resistance.
Maruti Dowtrend Started it may touch 200ema Broken the trendline and RSI is Week also
CMP : 8696 - After 7 months, it closed below the 200 EMA - After trading below it for a month, the stock rebounded strongly - It now has 3 consecutive Doji candles👀
MARUTI trading in a bullish to a sideways trend support now at 8500-8450 resistance at ! 8955-9025
#MARUTI #NoOverlap #Binet #pH Support #Shunted No Overlap Retest within the toleration range Weekkly / Monthly View Ready for 9635 on crossing 9030 / 9635
Maruti Given a Good Breakout in Last Session. Gann Fann and Fibonacci levels are drawn on the Chart. Also Mind the rectangle given expected a halt zone or can say accumulation/distribution zone for next move in Maruti. Price is already above Fibo 50% Important level so we are bullish on it. Will Enter any trade on breaking my levels on either side. EDUCATIONAL :)
Note: 1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline, not the big target... 3. Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational purpose... Aftermarket...
After a recent fall from 9870 to 8082 levels - Maruti is showing a bounce from the support line. If sustain the momentum - we should see 8474 and then the next 8722 levels in short term. Currently - we see a crossing 8300 - and based on AB=CD harmonic pattern - if the market trend supports - we should see the breakout of the short-term trendline. This will...
While the Fundamental Analysts might find Auto Valuation High. Auto stocks have much higher to go. Nifty auto index in 5th wave of Bull Market. Fresh breakout in smaller degree wave 3. Auto leading the way higher.
Maruti is showing bounce from the trend line active from it's Apr 2020 low, it also has covered a "volume imbalance" zone on the daily chart. While on the hourly it has given a break out from the downward trend line. Any further bullish momentum could lead to a good rally in the stock, I will prefer waiting for sometime as the break on the hourly is still not...
Maruti on multiple levels support, with SL of 50 points we can capture almost 500 points or even more.... what's your thought guys