Intranet Setup for 27th JulyChart is self explanatory
If Gap up Long entry
If Gap down short entry
#Head_and_shoulder
Marutisuzuki
Intraday Maruti Short. Target 5950-5908Maruti is erasing all raises and is approaching 5950 followed by 5908. Intraday traders can short immediately and positional traders can buy at 5870 Level.
MARUTI#MARUTI is trading in a Rising Wedge pattern for last 4 months. It touched the support line last week around 5750 & rising since then. Although it should go towards the resistance line of the wedge around 6400, lack of momentum may put obstacles. Still the stock looks to be going towards 6125. It can be bought above 5960 for targets of 6040-6100 with a stop of 5885.
Maruti bouncing from trendline supportMaruti Suzuki has taken a support at the bottom of the wedge formation and seems poised for a short-term bounce back -- 30-min chart.
MARUTI SUZUKI Trading SetupDisclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
maruti suzuki top gainer or losser?maruti looking for breakout but can retrace.
for educational purpose
Maruti Suzuki StrategyBasis price action between 18 May to 01 June Long position Exit is forecasted around 6190 supported by the fact of MACD, RSI Stochastic and the buy setup candle is still at 6. Accordingly time of exit should be reached around 23 June to 24 June.
Following strategy upon retracement post 24/25 June:
Short position Entry at 5877 with SL 5895
1st Cover at 5585
2nd cover at 5419 (Depending Price action)
Disclaimer: The author is not registered as a securities broker-dealer or an investment adviser either with SEBI or any other government agency. All views expressed is based on the author's technical analysis. It is highlighted that Investment/Trading in securities Market is subject to market risk, past performance is not a guarantee of future performance. The risk of loss in trading and investment in Securities markets including Equites, Derivatives, commodity and Currency can be substantial. It must be noted that the user of the information shall undertake their own analysis before investing or trading. The author of this information shall not be liable for any losses arising from the advice therefrom or incidental thereto.
MARUTI SUZUKI Trading SetupDisclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
MARUTI KEY LEVELS SUPPORT AND RESISTANCE 16/06/2020 TUESDAYKey Levels for MARUTI : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~5512
FIRST TARGET~5540
INTERIM RESISTANCE~5570
FINAL RESISTANCE~5602
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LOWER BREAKOUT~5461
FIRST TARGET~5438
INTERIM SUPPORT~5411
FINAL SUPPORT~5381
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
MARUTI KEY LEVELS SUPPORT AND RESISTANCE 12/06/2020 FRIDAYKey Levels for MARUTI SUZUKI : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~5480
FIRST TARGET~5567
INTERIM RESISTANCE~5690
FINAL RESISTANCE~5813
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LOWER BREAKOUT~5391
FIRST TARGET~5327
INTERIM SUPPORT~5262
FINAL SUPPORT~5187
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
Explanation about how parallel channel work:Stock first Chance the trend with heavy volume and then price has consolidate in a horizontal parallel channel.
A horizontal channel is formed by two parallel horizontal lines that frame the evolution of the price.
The upper line is called the "resistance line".
The lower line is called the "support line".
A horizontal channel is confirmed/valid if it has good oscillation between the two parallel horizontal lines.
The stock has break its channel with heavy volume and now forming a new channel.
Maruti Suzuki - Breakout - TrendlineMaruti Suzuki has broken above from a falling trendline suggesting a shift in trend to the upside.
Initiate Buy.
Target 1 : 5425
Target 2 : 5540
Stop Loss : 4990
MARUTI SUZUKI Trading SetupDisclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Enter Long Position in Maruti Suzuki above 5735Enter 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
Maruti Trend Analysis & Possible Trade Setup !!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.
