After an uptrend, it transitions from higher highs to lower highs. Drawing a trendline indicates it's ready for a breakout. Keep the stock on the watchlist and wait for the breakout. Ensure that when it breaks the trendline and undergoes a retest, that's the time to enter "Note: I will maintain charts in a simple way. Only those with basic knowledge of technical...
It is forming lower lows and lower highs, and is currently at a support level. When it breaks the support level, we can enter..
At present Maruti is trading at 9951. Maruti Can be sold below 9950 for the targets of 9809, 9410 and 8966. If anyone wants to buy options, you can buy PE of 10000 Maruti. Follow me. Comment and Boost.
Bearish Bat In Maruti Sell PRZ - 9575 - 9600 SL - 9800 ( Day Closing Basis ) Target - 9000/8800
NSE:MARUTI looking bearish on weekly timeframe. For the last 4 weeks lower lows are made. If this continues then 8000-8100 levels can be seen easily. It has broken it's 50 EMA support on bigger timeframe.
Maruti Big Buy Closing Price - 6703.05 SL - 6269 Target - 8300/8600
NSE:MARUTI showing signs for a nice fall with respect to daily trendline break down and retest logic.
Inverted Head & Shoulder Breakout Buy Maruti Only If Price Come To 7350-7400 SL - 7099 (DCB) Or If Give Day Close Above 7700 SL - 7430 (DCB) Target - 8400
Maruti Suzuki India Ltd - 25.02.2022 The stock is trading @ 8356 levels There is a SPINNING TOP in Weekly Charts RSI is above 60 in Weekly Charts The prices are below EMA Let the prices go above 8484 Watch out for the price actions
Maruti has given a long awaited breakout after 6 months and with a strong bullish candle failing which have been a possible double top formation. 9 ema is acting as current support Successful retest done RSI in bullish zone MACD above signal line. BUY ABOVE - 8600 Targets mentioned in the chart above Please LIKE, COMMENT and SHARE to motivate and support me....
Maruti has been in a Complex Head and Shoulder pattern formation since September 2018. Looks like the stock is coming out of this pattern as it moves above 8500 with high volumes. The stock had reported its Quarterly Earnings on 25th Jan and the stock has moved +4.2% since then. If the stock stays above 8500, it can move towards its all-time high of 10K
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...
NSE:MARUTI Maruti has formed triangle pattern and it has broken out upwards. Looking good for a swing trade. I have mentioned the entry, SL and targets in the chart. Trade according to your own setup and risk. Comment your views and doubts. Thank you... Happy trading...
During Diwali season we can expect auto stocks to pick momentum and safer than tata motors will be Maruti! follow the 40-30-30 principle while accumulating it, as it's an expensive stock and we don't want to get trapped if the price goes against our view!
After the issue of semiconductor issue in auto sector , auto stocks have given a good correction. But chart indicates that the stocks are bottoming out. As always technical comes first then the news. MARUTI Buy-Above 6950(Add Till 6740) Sl-6590 T-7335 7655 8000+
as all auto sectors are running but maruti showing a range moment till now, if it breaked the upper yellow area then a huge rally will be made what if it breaked the flag trend then a short term downtrend will be there full analysed chart is on my free VIP group message me to get in, i will freely guide you . . . happy trading god bless you all
Price trying to break the previous days high with strong bullish candle. If closes above the resistance line marked in Red then one can go long.