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Marutisuzuki

Maruti Suzuki on beautiful Head and shoulders Short T 5429We find Maruti Suzuki going bear and we expect it to fall further. See the Head and shourlders pattern on the chart. What is heads and shoulders ? It is a pattern where three trianges are formed, the mid one is called the head, the other two sides are called shoulders. The mid head should be heighest and the shoulders should be nearly equal in a horizontal H & S. And the target for horizontal H & S ? it is the height of the head. So here our first target is to 5429. We expect further move. But 5429 is our first target. Caution is- we expect on monday to continue falling.
NSE:MARUTIShort
by sudhannayak
1
Maruti | Cup & HandleCup & 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 for every investor. Hence it is important to do your own analysis before making any investment or trading decisions based on you personal circumstances and it is always better to take advice from professionals)
NSE:MARUTILong
by AkhilSuryaFS
1
Maruti | Inverted Head & ShoulderInverted 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 is not suitable for every investor. Hence it is important to do your own analysis before making any investment or trading decisions based on you personal circumstances and it is always better to take advice from professionals)
NSE:MARUTI
by AkhilSuryaFS
2
Maruti | Bear FlagMaruti 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 (attached below for reference) indicates same sentiment. (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 for every investor. Hence it is important to do your own analysis before making any investment or trading decisions based on you personal circumstances and it is always better to take advice from professionals)
NSE:MARUTI
by AkhilSuryaFS
Nifty Auto Index | Trade NiveshThe Nifty Auto index was trading 1.17 per cent down at 8487.20 around 09:48 am. Today Market is so cool Steel and Pharma Sector is bullish note but nifty auto index is 1.17 per cent down it's very clear think Tata Motors (down 3.27 per cent), Maruti Suzuki IndiaNSE -1.96 % (down 1.97 per cent) , Motherson Sumi SystemsNSE -2.40 % (down 1.92 per cent) and Apollo Tyres (down 1.36 per cent) were the top losers in the index. view by chart technical clear down to become top levels mode
NSE:CNXAUTOShort
by TradeNivesh
The wait is over!The much awaited breakout happened in Maruti In the week before the last one only. But, it is better to not fall prey to failed breakouts. Hence I waited this week to confirm the breakout. Analysis:- 1) Strong Chart patterns — Triple bottom formation with triangle pattern breakout. 2) Reclaiming 20WEMA — So the actual wait was not just the triangle breakout, but, the requirement to close above 20 Week Exponential Moving Average (WEMA). Maruti gave a weekly close above the 20WEMA for the first time after August 2018 3) Momentum — This price uptrend was accompanied by good volumes indicating momentum. 4) Indicators — RSI garnering strength and MACD generating a positive crossover Conclusion:- A long position here has a potential to capture a healthy upmove of 600 points in coming weeks if the results season goes well. I hold a position in the stock and my personal targets are mentioned in the charts with the 20WEMA acting as the dynamic stop loss.
NSE:MARUTILong
by BullBaba92