What I Said "Little Bullish. . . "
MARUTI CMP 6585 BUY BREAKOUT IF THEN PRICE ABOVE 6800 FOR NONSTOP TARGET 7450+++ @Disclimer:- Make Own Research Before Take Action in Recos This Post only For Education Purpose Only Follow More Live Updates :- Youtube/Telegram/twitter :- @NseDerivativeDesk Query on Whatsapp:- +91-7440557654 Thanks !!
MARUTI - short from current level; as 200 H-DMA breaks and Sales growth also decreases. target marked below.
Maruti testing the medium SUPP levels of 6800-20. Wait & Watch!
As per the Auto Index chart, it is consolidating in a downward diagonal channel, but there are companies in auto sector, (industrywise) which may outperform due to their strong fundamentals. In Automobile Sector - Leading Companies Industrywise 1. AshokLeyland (Commercial Vehicle) 2. Jamna Auto/Automotive Axles (Auto Ancillaries) 3. VSTTractors/ Escorts ...
As you can see from the chart, Maruti has been nouning from 6400-6500 rage and then reaches minimum to 7320-7350 range. It has already happened 3 times. On hourly chart, 20 EMA crosses over 50 EMA (pink arrow) and then we see a steep rally ( in all 3 instances). Volumes have been good in all past rallies and current rally. MACD is showing overbought but that was...
- Maruti has broken its strong support zone at 6500 - Volume doesn't seem to drop anytime sooner - Looks like there is more downside, which can reach to levels of 6000
Maruti Suzuki has seems to found key support level around 6470 mark.
positional short sell trade maruti looks weak for atleast next 5/7 trading days .
Maruti has broken major support of 6900 and now trading at 6880. Stochastic is in oversold zone but not has moved above the signal line. RSI has shown positive divergence on hourly chart post which Maruti jumped Rs 150 in 2nd last hour of today's trading but counter couldn't hold upside move and fell with heavy volume. Next support is 6780 which looks like...
Auto Industry, depicting robust fractals (part 1) Not long ago, auto industry and its ancillary companies were hitting all-time highs. But lately the mood has been somber. Motherson Sumi is down 40% from its 13 month high (or rather all time highs), whereas Maruti is down more than 25%. So is it the right time to buy? What caused such change in fortunes? Can...
Maruti Breakout of Long term Resistance line if sustain above 7000 Level Can lead this rally till 7086-7144-7200 Disclaimer: All the Recommendation/View Given in ArrowMoney are only for internal study purpose. Consult your financial adviser before making any investment decision.
POSITIVE **** TREND : DOWN PRICE ACTION : LONG ENTRY : after price breaks above BLACK trend line ( tp : below supply zone) NEGATIVE CASE : PRICE WILL TAKE SUPPORT 2 AFTER BREAKING FIRST DEMAND ZONE
A divergence is formed on daily chart of Maruti Suzuki, the stock has made triple bottom but RSI is showing lack of momentum in recent dip.
A divergence is formed on daily chart of Maruti Suzuki, Stock has made double bottom however RSI showing some strength.
NSE:MARUTI ======================== Maruti Will be soon in buying zone. Today it may perform above 6650 use SL 6500 Possible targets for positional - 6730/850/950/7000/7100 Maruti Cmp - 6596 ====================== Note : This idea is late post. But levels were posted in my Channel. One can long now with cost SL