This Trade is derived on Probability basis; Do Not Risk more than 3% of your Principal amount;
MARUTI simply trending ABOVE ^ Trend line support is around 5750, Resistance around 6000. If stays above 6000 we may see level of 6245 in the near term. Updated :20 July 2020 8.00am. Disclaimer: Only for learning purpose.
Expected a quick move like its best seller SWIFT
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...
Hi 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...
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...
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...
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...
Enter Long Position in Maruti Suzuki above 5735 On a daily chart, Maruti Suzuki looks good above 5735. Should wait to enter long position till it gives clear signal. Right now, looks bearish Support at 4945 Resistance at 5650
TREND ANALYSIS & TRADE SETUP Follow Chart Instruction. Do not be Hurry for entry. Wait for Proper Entry Setup. Buy/Sell with Best Risk Reward. Educational Chart Only. Wait for entry setup, if available then Long/short. R:R is 12-15 times.
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...
Maruti Suzuki support is seen at 4685.6.
1.Maruti has broken the important resistance of 6500 2.Retested the 6500 level after break 3.Bullish flag pattern is formed on 4 Hour chart 4.HH and HL pattern on daily chart 5.Price closed above 200 EMA on daily Chart 6. Risk Reward is 1:2 Buy at 6790-6750 Stoploss 6470 Target 7400
Haribol Maruti has broken the support trend line , Longer term is bearish , Sellers have tried to step in , It may be good decision to Sit with the Bear this time. Good Luck
Maruti Sell Below 6170 Stoploss 6205 Target 6088-6000 Resons For Trade- 1.Price near to 15 minute channel resistance 2. Price near daily resistance of 6200 3.Weak Candlstick pattern on 4 Hour Chart 4.Daily Trend is Down 5. Risk Reward is 1:2
Cup & Handle pattern observed in Maruti. Pattern is confirmed as price has broken above 6080. Pattern suggests a target of 6260. (Disclaimer: Our charts and contents are just for the purpose of analysis, learning and general discussion. Do not consider these as trading tips or investment ideas. Trading in Stocks, Futures and Options carry risk and is not suitable...
Inverted Head & Shoulder pattern observed in Maruti. Pattern is confirmed as price has broken above 6045. Pattern suggests a target of 6190. (Disclaimer: Our charts and contents are just for the purpose of analysis, learning and general discussion. Do not consider these as trading tips or investment ideas. Trading in Stocks, Futures and Options carry risk and...
Maruti breaks down after a short period of consolidation. Apparently, price action is showing a Bear Flag pattern, which is confirmed with a close below 5990. Round number of 6000 too had been breached. Target of the pattern comes in at 5415. With all the weakness surrounding the Auto sector, target seems to be well within reach. Even higher time frame analysis...