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.
Maruti spot cmp 7200 Time frame :- 240 mins . Study :- Elliot wave Counter have given reversal from maturity levels of corrective wave 4, now if wave 5 unfolds can give good upmove,,, Rsi have given breakout from falling trend line Macd on verge to give positive crossover,, Hidden bullish divergence seen in both indicators where price making higher low and...
As can be seen an inverted H&S pattern was forming on the daily charts and a BO has happened... Now many analysts here will show you a view of this pattern, maybe RSI/MACD numbers, and tell you how there is a huge upside to buying this stock right now..how you can earn 20% profits in a few months.. I am not saying they are wrong but I am not as confident as them...
🌟 FOLLOW me @Averoy_Apoorv_Analysis and get these free analysis :) 🌟 ✺ LOGIC ✺ ✣A pattern above Monthly support = Good to go Stock for long but What about entry? ✣Pink Trendlines: Symmetrical Triangel supportive and resistive equally ✣Blue trendline: Use to be an Amazing Support now a resistance ( Strong one ) ✣Yellow trendlines: Parallel channel ✺Plan ✣Let...
Hello traders, MARUTI Suzuki is getting ready for the 7000 rocket launch! Just in a matter of 3 to 4 trading weeks. Positive news over Maruti in the auto industry gives a better push to reach the expected level (7300) Equity buyers can buy at the current level at wait for another 2 weeks or beautiful results! For F&O is a new month for you guys! So,...
200EMA below price is trading so it's an indication of Bearish trend confirmation. 6751 is 1st Key SUPPORT 1 if Breaks this Level, and SUPPORT 2 level 6236 is 1st target.
A simple and powerful strategy that is going to work in #Maruti in the near term. Kindly track closely Thanks
Target 7600 SL 6950 Triangle Pattern Breakout
Hi Folks, Maruti has completed it's 1st and 2nd of the larger degree and also seemingly the 1st of one smaller degree (the "ONE-TWO, one-two" phenomena) of the main 3rd. The 2nd of one smaller degree seems to be brewing now. When we zoom into the section of one smaller degree on the daily charts (This daily chart is in the comment section), wave A of the 2nd...
Please read the notes carefully. Probablity maruti can go up if its a H&S structure
MARUTI, 15 MIN CHART BOUGHT AT 7566 WITH STRICKT STOP LOSS OF 15 MIN CLOSE BELOW 7540, FOR TARGET OF 7630, 7681 & 7720 DISCLAIMER : I AM NOT SEBI REGISTERED ANALYST. MY STUDIES ARE FOR EDUCATIONAL PURPOSE ONLY. CONSULT YOUR FINANCIAL ADVISOR BEFORE TRADING OR INVESTING.
Hi Folks, This is a continuation of the previous analysis of Maruti. Please read the comments section of the first chart to get complete details. NOTE : Please DO NOT read this chart in isolation.
The stock has formed double top pattern and near the trend line, It may travel towards 7000 if sustains below today's low. To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team