Maruthi Downtrend Movement. Check the Targets
Symbol Maruti.
TIMEFRAME 2 hour
Technical analysis. Breakout pattern
Note: this is only for educational purpose.
Buy above 8739
in option Buy 8700 CE when it crosses above 8739.
SL-8685 , Target1-8814, Target2 -8891
Short Below 8664, in option BUY 8700 PE
when it crosses down below 8664. SL-8729 Target1-8612 Target2 -8541
Keep Eye on Maruti…it can be a another good opportunity to make money with Upside moves.
There are both direction levels and Targets are mentioned on the chart. Short or Long trade depends on the Reversal point.
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
Maruti form inverse H&S pattern also work in tringle pattern. Can long 6969 above add more if come 6900 (neck line of H&S pattern) for target 7377 soon
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
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
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
Hello All ,
Maruti is oversold at higher level on weekly chart.
Following is strategy for this month :
Not a big fan of Out of money options , but was looking for very low risk game , you need minimum 2 lakh capital , if you don't have it than this is not for you.
Buy March 9200 call 1 lot @ 80
Sell March 9500 call 2 lot @ 37
Ratio is 1:2 -...
Hi All ,
You need capital of minimum 3 lakh or this is not for you .
Following strategy :
Buy 9200 feb expiry call @ 126 - 1 lot
Sell 9600 feb expiry call @ 42 - 3 lot
Ratio is 1:3 , Don't violate this ratio .
Pay off :
Expiry @ 9700 , 360 point gain on 9200 , 180 point loss on 9600 , net gain 180 point
Expiry @9800 , 460 point gain on 9200 ,...
Hi ,
Buy 9400 FEB call @ 315
Sell 9400 JAN call @ 82-83
If it goes up we will be profitable, If it closes 50 points below we will gain 80 points on JAN call and lose 30 points on Feb Call ,
Net profit 50 points expected.
NO overleverage, You need 2 lakh capital for 2 lots
Consult your financial adviser before taking trade.options are risky.
Hi All ,
Liked the previous maruti strategy ? Here is new one below , Nothing on chart.
No naked put /call buy :
Following is strategy :
Buy 9400 Maruti FEB call at 300(2 lots)
sell 9300 Maruti JAN call at 175.
Trade must be exited on expiry day , This should not carried forward.
Scenario 1:
Maruti closes at 9200 @ expiry,Feb call premium will...
