gainprofit066 High : 20/12/2017 : 9,996.40 Low : 03/04/2020 : 4,001.10 75% : 8497.57 50% : 6998.75 25% : 5499.92
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
Maruti has made a good high with volume and price breakout. Now it may move to 10,000 as this was it's previous resistance. I think it may come again to same level and then it may brake previous high. Time frame I can assume is of 6 months. I have kept it from already 7400 near levels as suggested by my indicator. Follow my Youtube channel as well. NSE:MARUTI
Maruti Suzuki India Ltd - 07.01.2022 The stock is trading @ 7906 levels The prices are above EMA There is a Head & Shoulders Candle Formation in Monthly Chart with a neckline @ 7500 levels There is a SPINNING TOP in daily chart Stochastic is overbought in Daily Chart RSI is overbought in Hourly Chart Watch out for the price action
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...
I 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...
NSE:MARUTI I am posting this as one of the follower requested. Observations: 1) On 1 Day time frame, we can see that it is near its 100DMA and also critical supprot range 7165 - 7200. There are chance that it will take support from this range. If it breaksdown and closes below then it will show weakness. Please refer below chart : 1day Time Frame. ...
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...
Maruti, after consolidation phase of wave 2, this stock has given breakout from resistance trendline along with good intensity of volume, with upper bbc in both weekly and daily time frames, wave structure suggests that wave 1 and 2 has been completed and now wave 3 has been started, as wave 3 unfolds price can show the bigger levels of all time high in this...
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+
hello traders this is the 2nd chart of maruti which i have posted earlier
hello traders hope you find this chart helpful thank you
Bearish Head & Shoulder indicating downward trend. There was already a bearish triangle pattern i found last week and now this bearish head and shoulder pattern is confirming down trend. One can short Maruti for a target of ₹ 5800 with a stop loss of 6800
Automobile sector is already suffering from semiconductor chip shortage in general. The latest 200 Cr Fine by Competition Commission of India on Maruti Suzuki definitely doesnt help the company. I have used Fibonacci Pivot Points to set a target - Take 70% at S2 and Rest 30% at S1, The Stop Loss has been set at the recent high candle. Happy Trading! This is not...
Maruti Suzuki formed a Symmetrical Triangle on an hourly chart. Supply and Demand Zone will act as a strong resistance and will try to push it further down.