Bearish Bat In Maruti Sell PRZ - 9575 - 9600 SL - 9800 ( Day Closing Basis ) Target - 9000/8800
Maruti Big Buy Closing Price - 6703.05 SL - 6269 Target - 8300/8600
: entry & exit is very important : try to manage money management : know your stop loss : find the chart pattern / analysis the chart before you enter
Maruti on the weekly time frame has formed a gravestone doji and respected the trendline that it has been following from April 2019. The stock is trading in the parallel channel and there is a resistance area formed by the previous high. In the last 2 months, the stock has gained around 15% and the double trend line rejection can be a signal of shorting...
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 is coming towards its strong support zone 6950 - 6800 and looking good to buy for the upper marked targets on the chart. To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
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 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 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...
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...
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+
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