Maruti Multiple BreakoutInverted 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
Marutisuzuki
YR 2022 Idea #49: Long on MARUTI This is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. I might trail my stoploss after I get an entry but even if my original Stoploss hits, i exit the trade with pre-planned loss (risk). At target, I book usually 75% positions and trail stoploss for rest. Our objective to help anyone who wants to learn technical analysis using charts by demonstrating my real trade entries. You can post your queries in comment section here and we will try to answer them asap.
Maruti preparing for a nice moment.Maruti preparing for a blast as its 20 and 200 ema is narrowing.
On 60 minute time frame, the stock looks bullish as it has closed above its 200 ema.
Support :- 7400, 7250,7030
Resistance :- 7715, 7880-7900
Wait for the price action for confirmation and let the price sustain above/below the levels.
MARUTI LOOKS GOOD BUY @ 6950 - 6800 RANGEMaruti 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
Marutigainprofit066
High : 20/12/2017 : 9,996.40
Low : 03/04/2020 : 4,001.10
75% : 8497.57
50% : 6998.75
25% : 5499.92
Maruti Inverse H&S pattern Maruti form Inverse H&S Pattern. it's neck line is near 7676. can buy here 7500 for target 8700 and 9900 it may take 1-3 month
Maruti Suzuki India Ltd - 25.02.2022Maruti 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 SuzukiIs Maruti done here looks like ending with a diagonal now a fall is expected here ... lets c wat hppns i will update if it changes its direction
A high probability option trade on maruti SuzukiBullish view on #MarutiSuzuki
Maruti is all set for a consolidation breakout. Tracking 8900 call near 160 for 250 rs spike. Auto stocks on radar. #optiontrading #stockstowatch
Elliott Wave Analysis : Maruti Suzuki weekly TimeFrameAfter Double Zigzag, new Impulse Phrase has started and 4th wave of Primary degree is forming,
as we all know that corrective 4th is the accelerator of 5th wave . so , if we will find the ending point of wave 4 we can ride on the 5th impulse.
Competition of Fifth wave will also provide us the ending point of 1st wave higher degree.
Maruti suzukiMaruti suzuki can come down and rise towards 10,000, would not short and wait for a good price entry to buy.
Head & Shoulder Pattern Formation in MarutiMaruti 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: Best to dip Buy..
CMP:8550.95
Upcoming Target: 8212, 9182.
After Completing W Pattern Target Now Maruti Go for Elliot Wave theory.
In Maruti can see the stock price starting to fall after the completion of the 1st Elliot wave . The downside target is 8203. The correction wave may take the 12345 pattern.
You also go for Long term buy on dip strategy with five time investment.
Feel free to share your feedback and queries.
If you want to know about your stock please mention in comment.
Maruti Suzuki BreakoutMaruti Suzuki has given a big breakout in this dull and bearish market. Buy for a Target of Rs.9300 and keep a deep stop loss at Rs.8200 due to the increased volatility.
Maruti gave a breakout with volumeNSE:MARUTI gave a nice breakout in previous session with great volumes, the breakout appears on same zone which was a resistance zone for multiple times and now it will be approaching a previous swing high that is also an all-time high, my target is Maruti will reach 10000 for the first time, mark a stop loss of 7850/-
If you think it's worth than do like!!!
#marutisuzuki bank potential weekly inverted H&S breakout#marutisuzuki bank potential weekly inverted H&S breakout
This auto sector major potentially is breaking out of a inverted head and shoulder patter on weekly charts
The sector is one among strongest in the market as of now.
The momentum also is bullish on all timeframes alone with and ADX trend indication of rising strength.
The current multi year resistance from where price has broken out of had given stiff block on price several times
And therefore probability is more of sustaining it with a green close above it.
9988 would be next resistance zone and if the pattern works out well targets could be lot more than that.
Given the volatile market conditions keep tight stop loss below the neck line for swing or positional trades.
looking good for Marutiready for head and shoulder pattern breakout
cmp 7426
add till 7000
tgt 10000
long term
Maruti LongMaruti has made a good high with volume and price breakout. Now it may move to 10,000 as this was it's previous resistance. I think it may come again to same level and then it may brake previous high.
Time frame I can assume is of 6 months. I have kept it from already 7400 near levels as suggested by my indicator.
Follow my Youtube channel as well.
NSE:MARUTI
Maruti Short TradeTop of a rising channel
Long wick shows supply
Short at CMP for target of 7500
SL 8300
Price action shows a fall
Maruti about to LAUNCH like rocket!!This looks like a good setup to go long..!! iNVERTED Head and shoulder on weekly and Higher high formation.!! TIME TO GO LONG!!
