MARUTI
INTRADAY 30 DEC ACC/INFY/MARUTI/BHARTAIRTEL
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Simple Trade Setup | MARUTI | 13-12-2021 [ INTRADAY ]NSE:MARUTI
Observations:
1) On 1day time frame,it has bounce from 200DMA and now trading below 50DMA.
50DMA is immediate resistance.
50DMA is placed at 7493.41. We can say that range of 7490-7500 will be immediate resistance zone.
Please refer below chart : 1day Time Frame.
2) Also on 1day time frame, it has made double bottom pattern.
Major breakout is still above 7500 level and safe breakout is above 7530 level.
Please refer below chart : 1day Time Frame.
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Trade Setup for Date: 13-12-2021
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
srtransfin 1 year view the stock recently broke its life high
ie a multiyear breakout seen after 3 years .
with a risk of average 20 % approx (which is least if considered a period of 1 year _) for a target not less than 50 -55 %
i see the structure is nothing wrong and the stock ideally should perform
Bharat Seats Ltd - Long Term Investment OpportunityIncorporated in 1986, Bharat Seats Limited (BSL) is a joint-venture (JV) between the Indian promoters Relan Group (25.9%), Maruti Suzuki India Limited (14.81%) and Suzuki Motors Corporation (14.81%) involved in manufacturing of cars seats floor carpets for MSIL and two-wheeler seats for Suzuki Motorcycle India Private Limited (SMIPL). BSL is promoted by Mr. Rohit Relan and his family. BSL is the sole supplier for seat sets for several key models of MSIL.
Expansion of Manufacturing Facilities: The company has manufacturing facilities located at Gurgaon, Manesar and Borakalan in Haryana. Further, it is in the process of setting up another facility in Surendra Nagar (Gujarat), expected to be operational by April 2021.
First Patent and product for Railways: R&D team has designed Modular Berth for Indian Railways. Co. has registered its First Patent. This is a unique design for quick replacement of defective pads/trims rather than replacing complete Berth.
R&D: The co. had worked on developing Seating Systems for Hatch-Backs, Sedans and SUV segment vehicles, moulding floor carpets for 4-wheelers, extrusion components for vehicle roof and windshield installation for Maruti Suzuki India Limited. They also recently developed Seats and the complete frame assembly (2-Wheelers) for Suzuki Motorcycle India Private Ltd.
Focus: BSL is planning to adopt new technologies and features to enhance seat comfort and value addition for customers, manufacturing products at global quality standards, leverage expertise of technology partners and build local capabilities in key areas e.g. high tensile stampings and high tensile tooling development. Develop vacuum foaming seats for 2-wheelers to improve aesthetics and ride comfort for end customer. Enhance NVH product capabilities and introduce additional NVH products with TAA partner support. Bharat Seats also plans to design and develop new extrusion products to increase product range.
FUNDAMENTALS:
> It is a Small Cap company with a market cap of just Rs.290 Cr. Very small company.
> The ROCE and ROE is at 7.25% and 4.18% respectively.
> OPM is at 6% as per Mar 21 Balance Sheet.
> Stock P/E is at 18 which makes the valuation very attractive as compared to Industry P/E of 32.4.
> Robust Topline and Bottomline, continuously increasing on QoQ basis.
> Debts: The company have Debts of Rs . 31 Cr as per Mar 21 Balance Sheet which is much below the acceptable limits as compared to Reserves.
> Reserves: It is Rs. 110 Cr as per Mar 21 Balance Sheet.
> Promoters holding is above 74.59% as per March 21 Balance Sheet and maintained over 74% since last 10 years, like they trust their own business and staying invested.
> FIIs and DIIs have negligible investment in the company.
TECHNICALS:
> The stock has taken long 3+ years to make a wonderful rounding bottom pattern after taking support at Rs.29 levels. It ready to give breakout with huge volume.
> On the chart stock is continuously in UPTREND since March 2020 Covid fall.
> Increasing Long Volume towers as indicated by blue arrows at the bottom indicates that lot of accumulation is going on in the stock continuously.
> Compare the recent volume with the volume when the stock was falling. Stock is picking up momentum.
> Trading above 100 and 200 DMAs, this talks about the strength in the bull run of this stock.
Now if we look at the market from broader perspective, Automobile industry is in good momentum specially all small and midcap Auto Ancillary business. Maruti Suzuki India Limited and Suzuki Motorcycle India Private Limited are the major client of this company and if you look at their numbers, it’s increasing with a good pace even in this slowdown market. This trade will test your patience, enter only if you are ready.
Fresh Buy - AT CMP i.e. Rs.92
Old Buy – Hold
Target 1 & 2 –172 (87%) & 271 (+194%).
Risk Management Tip: Never invest more than 5% of your capital in any single stock.
Your likes and comments motivate me to bring more profitable studies like this.
Happy Investing!
ShareMktSchool
Maruti - Zone of interest. Maruti is trying to prepare for its move. Every retracement coming upper levels is higher than the previous. Bulls are alive and have been accumulating this stock at the lower levels. Maruti could potentially have an ascending triangle breakout. The previous one has been turned into a failure.
Keep this stock on your watchlist for trading and investment.
Maruti Long for short time frameI hope you can now see how Maruti represents an excellent low risk profit entry setup allowing you to trade in the market. Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these charts are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
The Planned Assualt on Indices ContinuesNIFTY 50 EOD ANALYSIS 17-11-21
In this post, I talk about the analysis for the day and the trading range for tomorrow. The video discusses with the help of the charts how the indices as well as leading stocks performed during the day and their likely play tomorrow.
O 17939.35
H 18022.65
L 17879.25
C 17898.65
EOD --100.55 points / -0.56%
SGX Nifty 17-11-21 @ 1835h = +23 points
FII DII = -405 Crores
CHART BASED CONCLUSIONS using 5 Minutes Chart
Nifty opened with a gap-down and then went too close to 17900 which is one of the key levels for support and from there it rallied to 18000+.
Then in its typical fashion it sold off and rested on an intraday support level and just before FTSE open, it attempted to breach P Close.
And since FTSE was negative, it simply did not have to bother any more and took the path of least resistance which as of now is on the downside.
Nifty thus made a lower high and a lower low.
Bank Nifty also fell though in the closing stages it appeared a tad better than Nifty.
NIFTY WEIGHT LIFTERS & DRAGGERS
Top 5 Lifters contributed = 36
Top 5 Draggers contributed = 80
Net = -44
POSITIVES
Tody as well, Maruti, and Tata Motors kept a firm grip throughout the session.
ITC was also acting firm and it was good to see the sleeping giant helping Nifty stay afloat.
NEGATIVES
The negative wave continues and scrips keep losing momentum and drifting downwards.
Reliance was joined today by the HDFC twins, Kotak Bank, and Axis Bank. This is what caused the max damage to the indices.
FII-DII are net sellers.
TRADING RANGE FOR 18 November 2021 - Last session for the week
Nifty Support 17800-900
Nifty resistance 18000-18050-18100-150
Bank Nifty Support 37800-38000-38200
Bank Nifty Resistance 38500-700-800-39000
INSIGHTS / OBSERVATIONS
Another Maths Wiz day as the difference between today’s close and that of yesterday is 100 points on Nifty. That is why the heading - The Planned Assault on Indices Continues.
For the first time in November, Bank Nifty breached 38000. Testing of nerves is still in progress.
At times, the indices tend to open with a good gap-up after 2 or more days of down days. This IMO happens more like a trap for the retail shorters who generally act in the final phase. Let us put this reading to the test tomorrow.
Here is my tweet about FII Buying and market behavior:
Maruti went up more than Tata Motors, but it is not featured in the Top 5 Lifters of Nifty. Maybe this also indicates why Tata Motors is more important from an investment point of view.
What do you feel about this?
Here is the video link --
Thank you, and Happy Money Making!
Umesh
17-11--21
NOTE --
This write-up is not a prediction mechanism for the movement of Indices in the Indian markets as the markets are unpredictable in nature. I may refer to many data points in the article but I do not base my view on any of these standalone. In fact, I prefer to react to the price moves than predict the price moves. I also do not review Open Interest. Whatever data points I am using, are all stated in the article. The article title, as well as its contents, can at best be stated as --- This Is How I Read Nifty. I hope I have been able to set the expectations right.
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Maruti Suzuki IND '' up to 24 % gains "Hi Traders /Investors ,
This is a Swing / Positional Trade .
I can see a bullish momentum in Maruti Suzuki because of following reasons :-
1) Formation of Inverted Head and Shoulders Pattern .
2) Also formation of Double Bottom chart pattern , which is also bullish.
3) Can also enter this trade after a Retest at prior Resistance level now acting as a Support.
Giving a Risk to Reward of 1:3,
Entry - 7978-8150 levels
Stoploss - 7370 levels
Target - 9910 levels
This is just an analysis so don't take any decisions solely on this basis.
Please give a thumbs up if liked this analysis as it requires deep research.
Intraday set up 1 - Maruti EMAs + S/R + Trendline breakdown?60 MINS 200 EMA @ 7460
SELL IF THE ZONE IS broken with selling volume.
If 7545 is broken with volume, we will see more upside.
The Indicator Used:
1) Support/Resistance Levels are marked on the charts
2) Valuation band
KEYS: Red Faded Cloud: Over Valuation.
Grey Faded Cloud: Proper Valuation.
Green Faded Cloud: Under Valuation.
3) TE-REKAB - Proprietary Indicator
KEYS:
PB: Pullback
Blue Candle: Selling Divergence
Yellow Candle: Buying Divergence
If you like the analysis, do leave a like and follow for more such content coming up.
The analysis is my POV , hope you got bucks in your pocket to consult a financial advisor before investing :P :)
HAPPY TRADING!!!
MARUTI Retracement ShortStrong Confluence for Retracement
All Levels Mentioned On Chart
The term Catastrophe Stop, is a maximum movement of price that can happen in opposite direction of trade
so that the setup remains valid, Its basically used, to give some breathing space to the trade,
I may call for a recovery if the setup becomes invalid as the market progress.
As we all know anything can happen in the market and we should respect that
The Idea is for Educational purpose only
At Last, do your own analysis, before trading your money!
Descending ‘MARUTI’Today Maruti Suzuki’s Chart indicates a Descending Triangle pattern. But it will take time to complete the formation and get results. I believe one should use ADX and trade when ADX value goes above 25 along with the breakdown of the trend…
If both of the conditions satisfy it will be a great trade believe me!
NSE:MARUTI
MAruti - Long Trade IdeaMaruti has given a good breakout in weekly time frame out of consolidation pattern.
Stop Loss - 7200
Target 9200
Cash only trades - no derivatives.
Disclaimer - we are holding from 7450-7500 levels.
Disclaimer: All investments and trading in the stock market involve risk. Any decisions to place trades in the financial markets, including trading in stock or options or other financial instruments is a personal decision that should only be made after thorough research, including a personal risk and financial assessment and the engagement of professional assistance to the extent you believe necessary. The trading strategies or related information mentioned in this article is for informational / educational purposes only.