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Maruti 50% upside (target = 11,000) Date: 28 Dec 2020 Maruti Suzuki (CMP: 7,483) Chart Time Frame: Weekly Chart a) Maruti has formed an Inverse Head and Shoulder pattern on a weekly basis. b) Stock price is sustaining above all its 'Weekly Exponential Moving Averages' - 10 WMA, 20 WMA, 50 WMA & 200 WMA. c) The average Volume has increased more than double since the formation of Inverse H&A started taking shape. d) During the left shoulder formation RSI was little over 30 level of oversold zone. However, during the right shoulder formation the RSI was well above 50 level indicating a strong bullish level formation. With such a strong setup it is a perfect time to go long on Maruti Suzuki for 2 years. You can get 50% return in Maruti during this period. Target = 11,000. Stop Loss = 6,000.
NSE:MARUTILong
by Mayur_Undale
MARUTI LOOK OUT FOR THESE LEVELS!!! ALL THE LEVELS ARE MARKED ON CHART, RED ZONES DENOTES SUPPLY ZONES AND GREEN IS FOR DEMAND ZONE . STOCK HAS EARLIER TAKEN SUPPORT FROM 50 DAILY EMA BUT IT WAS NOT ABLE TO MAKE HIGHER HIGH The indicator used: 1) Daily Lines plots Daily 20 & 50 EMA on lower time frame charts 2) TE-REKAB - PB : PULLBACK 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!
NSE:MARUTI
by ReeAishw
Maruti Suzuki is going down after a wedge patternWe have checked three things while taking this trade : 1. The volume should be low, no trend changing. 2. Double top pattern from major resistance. 3. We are aiming for 1.5% RR ratio which is good but it can be a hold it it breaks lower support (low chance). Action Plan : Short at the current price and sit back, trail the stop loss once it reached the W pattern bottom leg. Keep riding for profits if it breaks the support as well else exit at trailed stop loss. "You don't have to be a great trader to cut your losses short , just an active one."
NSE:MARUTIShort
by Abhishek_TradersSin
IS MARUTI READY TO CHANGE BUY MODE TO DOWN SIDE OR RANGE BOUND Hi Traders, 1. On 14th June 2020, I mentioned in that post is quoting for your consideration " I circled the candlestick pattern called piercing. The psychology behind it is very much clear that bulls found that price lucrative as on support zone .so they came and bought aggressively closing price days high. Novice traders seeing this pattern will jump into long side buy positions. But intelligent will wait for next day trade to find out whether the entry is of weak bulls or really strong. In fact, this pattern is Warning for short traders to cover their shorts. Those who do not later part can be painful to them. Every candle speaks else you know its psychology behind it. I am not saying you just go and take long next day. with this candle, the price to reward is not comfortable. So let the price make it comfortable by coming to the red dotted line Then buy with the sl of bull candle low. I do not recommend this trade but aggressive nature can take this. I will like to trade when the price gets activated on the next day by closing above a bull candle. Here is also a problem If the next day is also good momentum day to the upside and take price away from the upper end of the blue zone then also risk-reward will not match. so in that case you will have to buy when blue zone lower end is breached upside and price stay above this level for 30 mins then can go long with sl of a red dotted line. Once price will stable upside then in next week lower end of the white zone is my target." . You can see word to word if you match the movement of this stock you will find the same. I told to let the price gets stable then buy, do not jump aggressively. See price took two days to get stable by making two Doji then on the third day started the rally. As shared lower end of the white zone is my target. That has not been achieved. To understand this quotation with current pice, I set a previous chart for comparison. 2. In the current fig. price is at the blue zone if the lower band is taken out in 4 hr time frame then it can go into a red dotted and blue dotted line zone. Positional orders should hold their positional long until this zone is taken out in 1 hr taken out. 3. On the contrary, if the price is taken out of a yellow dotted zone then it can go to the upper end of the red channel upper band. This would be the final target of this stock. 4. On the other side, If the price takes out of a lower blue and red dotted zone price will come to the red lower zone. 5. In any case, If the lower red zone is taken out in the 4-hour zone time frame then uptrend will change to the downside. Those who are new readers of my blogs for them I share taken out condition how to implement is as follows:- Taken out condition works in the two-time frame combination for daily( 4 hr + 1 day) analysis. Similarly, work for lower time frames is also a two-time frame combination. For intraday trades 1 hr with 15 min. For taken out condition price has to complete in both time frames. Aggressive traders can take that side position in a lower time frame with the stop loss of breached candle low. In both the time frames given line is breached by a candle that candle high is to be breached by next candle and close should be above the previously breached candle. This is how taken out condition is being implemented. . The rest price is supreme. YOGESH VATS Disclaimer:- All trading positions should be taken from consulting your financial planner. This is for educational purposes only.
NSE:MARUTI
by yvatsji
6
RESULT OF LAST WEEK ANALYSIS OF VARIOUS SCRIPS PART -1Hi traders/Investors , Last week I shared few scrips movements and now compare them with this week move . Whether this amateur and non professional analyst can make people earn money or not . This is the statement of only one of my respected trollers who himself is not able to publish a single idea on platform but very eager to satisfy his ego writing these words. So being a "amateurs and non -professional" analyst I try to compare the accuracy with so called highly professionals. Though at one point he accepts my analysis make money but with above mentioned words. Reliance Industries In my first post and second I mentioned is quoting for your consideration" if red dotted line is taken out on smaller time frame of 1 hr then you will see rally to red line in coming days.( first post statement). you can see lower yellow dotted line is intact and price breached upper red dotted line but not taken out on either 1 hr and daily time frame. if tomorrow it fulfill this taken out condition the see rally.(in second post ) ". You can see price gave rally and touched my red line then came down little. This is the accuracy of amateur analyst. Next week trade plan 1, You can see the white circle the blue zone is taken out on daily basis with good volume also circled in white . So price is expected to move up with certain conditions. 2. I made a micro zone this can act as resistance for time being and target is the upper red line . Those who want to take longs ,they will have to wait till price move down to blue zone. But it does not mean price reached near it and you jump into trade. wait to see whether price stays at this zone or going to break it. 3.If yellow trend line is breached then it can be signal of weakness so do not take long til you get buy setup. In any case prices takes out blue zone on lower time frame then no trading either long or short. Wait for next day if price continue to move down then short with sl of upper band of blue zone. 4. Chances if not taken out micro zone then range bound can happen for day or two. Both arrow showing the direction after these levels. Maruti Compare my last statements for this scrip with this week move. 1. In my last post what is said quoting for your consideration " you can see in two days trading price did not close above bull candle in green still not activated so no long can be initiated. see beauty of analysis i made red dotted line price in two days did not dare to breach this." You can see when price activated this pattern a rally is seen which is not completed yet. The dotted line of lower side could not breach that see what is accuracy Mr.troller ( gann elloit trader) of amateur .By writing that name you can not be gann or eilliot just learn etiquette to write and search the real meaning of criticism. If you want to satisfy your ego go somewhere else . My analysis will not give you that privilege to satisfy your ego. The people like you can not even understand that language. Because mind set is in denial mode not in acceptable mode. 2. yellow dotted line is first target of longs from there price can go into consolidation for time being. Rest market will decide. Yogesh vats.
NSE:RELIANCELong
by yvatsji
6
IS MARUTI READY TO SURPRISE IN NEXT WEEK SEE YOURSELF !!Hi Traders/Investors, last week one of my condition was so helpful for aggressive traders that it saved for going short on this scrip . Let us understand it. "if blue zone is not taken out then price will move to red zone. where price can consolidate or momentum is strong then can breach it . but short after red zone can only be initiated when the condition of taken out is completed at res support zone." can you see the price took support took support from that red zone by making candle close near day. Has any body taken short on gap down open , he would have been trapped by bulls. I circled the the candle stick pattern called piercing . The psychology behind it is very much clear that bulls found that price lucrative as on support zone .so they came and bought aggressively closing price days high. Novice traders seeing this pattern will jump into long side buy positions. But intelligent will wait for next day trade to find out whether the entry is of weak bulls or really strong . In fact this pattern is Warning for short traders to cover their shorts. Those who do not later part can be painful to them. Every candle speaks else you know its psychology behind it. I am not saying you just go and take long next day. with this candle the price to reward is not comfortable. So let price make it comfortable by coming to red dotted line Then buy with the sl of bull candle low. I do not recommend this trade but aggressive nature can take this. I will like to trade when price gets activated on next day by closing above bull candle. Here is also problem If next day is also good momentum day to upside and take price away from upper end of blue zone then also risk reward will not match. so in that case you will have to buy when blue zone lower end is breached upside and price stay above this level for 30 mins then can go long with sl of red dotted line.Once price will stable upside then in next week lower end of white zone is my target. On good momentum can go to higher end also. In every post you all have been watching my conditions and level works magically why they are so reactive all times with almost 100% accuracy. While all on air advisers give numerical nos but have you ever seen me given nos. Nope , I believe in structural points , level where a scrip performs. Investors should wait this stock will come down then you can join. Rest market will decide. YOGESH VATS Note. All trading and investing decision should be take with consulting your financial planner. My idea can be wrong any time .
NSE:MARUTILong
by yvatsji
5
MARUTI IS NOT MOVING UP NIFTY IS MOVING FAST WHY?Hi Traders/investors. In last post week back I gave you detail of this stock , which phase is going on . You can check that also attaching in this post. I made blue zone and told that it would be tough for this stock to take this out. You can see five sessions spend but maruti could not take this out. I trade on conditions because stock is language of probability which works on conditions. If this zone is taken out only next resistance zone will come into play and most probably lower end of the white zone will act as resistance and that zone has potential to change long trend to down . On other side if blue zone is not taken out then price will move to red zone. Where price can consolidate or momentum is strong then can breach it. But short after red zone can only be initiated when the condition of taken out is completed at red support zone. Investors have two option to invest either invest 50% when price takes out blue zone or at red zone . Rest 50% can be invested at white support . Conditions are important to follow. Rest price will decide. YOGESH VATS
NSE:MARUTI
by yvatsji
10
MARUTI IS SHOWING STRENGTH IS IT REAL SEE YOURSELF !! WHAT IS HAPPENING BEHIND PRICE ACTION IN MARUTI 1. See this stock has made its bottom , the process of accumulation is going on where buyers want to buy at low price by trapping sellers with the impression of maruti making new low. This hope is created by smart money for sellers. Keeping price range bound. See rally in price that is for the attraction of sellers to short the stock so that price can come down . I find this phase very interesting in any scrip .Always buy at lower end of range because when this process will get over then good rally will welcome your positions of buy. Investors should adopt this strategy. This happens in all stocks. Reliance remained me in that process of re -accumulation for may years keeping price range bound. See now what speed of gains. So in this sort of structure one should invest for good returns . 2. I made a blue zone upper side where price is trading. That is real resistance . It not taken out , old followers know that new should visit to see my analysis of Asian paints where I mentioned it. Attaching for your consideration.Then price will move to red support zone. If trader is short then shorts be booked here. To open new shorts when this red support zone is taken out then with the sl of zone go short with the target of white support. This is how one should trade in this scrip in coming days. 3. On other side If blue zone is taken out then long with the sl of blue zone. Investors should wait for price to come near white support. If this upper blue zone remains resistance then this process will take one to three months to come out of accumulation phase. In my style of trading and investments I follow conditions properly. Same expected to all who wants to trade or invest in this stock. I do not use conventional method of sl, entry and target to share with traders. I manifest complete trade with conditions to make people trading easy. Rest market will decide. Note. All investments and trading should be done with the consultancy of your financial advisor. YOGESH VATS
NSE:MARUTIShort
by yvatsji
11
MARUTI SUZUKI@BUY CALL @NIFTY AT THE LEVELS 8800-9000 PLUS 1. MARUTI SUZUKI HAS BROKEN RESISTANCE AND HEADING TOWARDS 6000 RANGE SOON 2. As per my analysis it may reach 5436 range with a little resistance at 5380-90 levels 3. If it crosses the resistance next continuous targets for two weeks are 5436, 5839, 5968 with stop loss 5210, 5079 respectively, 4. the over all trend for the year is bearish 5. the monthly trend is bullish 6. The weekly trend is very bullish 8. at the downside before reaching stop losses 5210 is a great support as per Fibonacci golden ratio, it may continue there for some time.
NSE:MARUTILong
by ShrithaVanmayi