Maruti : Break out from Triangle.NSE:MARUTI
Maruti has given breakout from triangle pattern.
If it starts trading above break out candle's high then more upside is expected.
LongMarutisuzuki
Long
Long
MARUTI , Support and Resistance Area 18 feb 2019I would greatly appreciate , if you give me LIKE .
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Idea is for positional trading not Intraday trading.
MARUTI - STRATEGY FOR SWING TRADERS!- LONG TERM INSIGHT! HIGHLIGHTS:
1. Successfully hit 0.618 Fibonacci level(also the R1 of the pivot).
2. Currently hanging at the 0.382 Fib level.
3. Price closed under MA(26): 7059 - good bearish indication.
4. Hidden Bearish divergence on RSI.
5. Expecting a fall to the central pivot(6829).
6. If the pivot hold, then LONG positions can be opened till the 0.382 fib level or till the price reacts with the downtrend line.
7. Break down from the pivot will cause it to fall further towards 0.236 fib level or even the last important swing low. In that case, SHORT positions can be taken.
8. Overall trend is Bearish.
9. Always use a Stop loss.
Marked swing & pivot points, trend line and Fibonacci level can be used for trading.
Try to lookout for confluence of these parameters, don't trade solely using any one of these parameters.
P.S: This is not an investment advice. This is for learning purposes only. This is my personal journal.
Invest your capital at your own risk.
Short
Short
Short
Maruti Suzuki - Double TopDouble Top has formed. But it is yet to break neck line. Wait for it to break neck line and if 1 day candle closes below 8313, then short Maruti Suzuki. Target 7750.
Short
MARUTI SUZUKI_TREND ANALYSISAs on 18/09/18, Maruti Suzuki is in downtrend. Resistance level is 8471.19 and support level is 8363.17. As per fibonacci and support trend line Maruti will fall upto 8281 and then bounce up from that level for targets 8600/89028/9108 by the end of 3rd or 4th week of October 2018.
Short
Education
Maruti possible corrective move up (Elliott Wave)The move down from the 9930 level seems to be in Double Zig Zag formation with the current progression being in W.b of the second Zig Zag.
If this is the count playing out then we should see a minimum 3 legged up move which can take Maruti to 9155-9230 (white resistance zone) .
The count will become Invalid if Maruti moves below 8795 and hence the same can be treated as SL level.
Long
A BEARISH TREND STARTED.....!!!!!
ON FRIDAY I TOLD IF #MARUTI WILL CLOSE ABOVE 9220 THEN BUY IT, BUT IT NOT CLOSE ABOVE GIVEN PRICE AND A BEARISH TREND STARTED. NOW AT 9078
Short
Long
Maruti SuzukiMaruti Suzuki, Completed 5th Elliot Wave. Considering the bullish engulfing in 4 hr chart it should fall.
Incase if crosses 1.61 advance fibo ratio then next target will be around 10k. Keep on your radar
Maruti Long TradeLong on Maruti @8837 (May futures price). Tight SL with good risk/reward ratio
MFI and OBV at very low levels
Ichimoku Chikou Span will hopefully emerge from congestion
Much of the market is overbought but Maruti has fallen significantly
Long
Long MarutiResult coming on 27 april 2018. Crossed downtrend line and diversion seen in RSI and MACD. Before result bullish movement expected Target may be above 9700
Long
Maruti short term viewPls seen the target range in chart. Indicators also slightly positive in day chart.
Vijayaragavan
Kovilpatti
Long
Long
MARUTI SUZUKI - Swing Trade opportunity Play for the SWING trade in MARUTI SUZUKI with small SL of 9256 for the targets of 9590 and 9800.
Long
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