After the issue of semiconductor issue in auto sector , auto stocks have given a good correction. But chart indicates that the stocks are bottoming out. As always technical comes first then the news. MARUTI Buy-Above 6950(Add Till 6740) Sl-6590 T-7335 7655 8000+
Maruti chart . Price action . If it sustains above 6730, Target 7000+ . 7000CE
Keep an eye on MARUTHI .....WAIT FOR GOOD ENTRY this is educational purpose only
RSI strengthening , EMA crossing DMA , MACD Bullish crossover and Break of 1st resistance can strengthen Maruti price over short term and can lead to good uptrend. It is expected not guaranteed. All balls to be hit to have good gains . This is not a financial advice.
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
Opportunity for Swing. 1. Since we can see that the price is approaching its previous demand zone, There is an opportunity for going long. 2. CNX NIFTY is aligning with the overall demand zone with maruti. 3. Entry for long after trend reversal around 4H.
Maruti suzuki bearish Maruti suzuki bearishMaruti suzuki bearishMaruti suzuki bearishMaruti suzuki bearishMaruti suzuki bearishMaruti suzuki bearish
Maruti Suzuki May gain 10% in 15 days It looks good to buy now
Automobile sector is already suffering from semiconductor chip shortage in general. The latest 200 Cr Fine by Competition Commission of India on Maruti Suzuki definitely doesnt help the company. I have used Fibonacci Pivot Points to set a target - Take 70% at S2 and Rest 30% at S1, The Stop Loss has been set at the recent high candle. Happy Trading! This is not...
Bullish Flag pattern in Maruti Suzuki. Wait for breakout.
Buy Maruti Stoploss 6930 Target 7920 and 8310 Study: Inverse Head & Shoulder Pattern Breakout and Retest
Maruti Suzuki formed a Symmetrical Triangle on an hourly chart. Supply and Demand Zone will act as a strong resistance and will try to push it further down.
maruti head and shoulder breakout. maruti near raising treand line support keep your sl below left shoulder hold it for all time high or more in monthly another head and shoulder breakout above near 8000 level i thing maruti touch 11000++ level soon
Maruti spot cmp 7200 Time frame :- 240 mins . Study :- Elliot wave Counter have given reversal from maturity levels of corrective wave 4, now if wave 5 unfolds can give good upmove,,, Rsi have given breakout from falling trend line Macd on verge to give positive crossover,, Hidden bullish divergence seen in both indicators where price making higher low and...
Maruti P/E 49.36 Sectoral Index P/E 221.12 Maruti Suzuki India Ltd is planning to increase production by 200 cars per day from near month, two people aware of the company’s plans said, as the country’s largest carmaker bets that demand for personal mobility will continue amid the resurgence of the pandemic. The increase in output will take the daily production...
Correction was completed and next up-move has begun already. Target : 10000 Invalidate level : 7144 Day TF
If Maruti close above 7400 than its run starts for 8000 and 9000+ Keep a stop loss in range of 7100-7150... Its for educational purpose only and not a recommendation....
Maruti is ready to go upside as Auto sector started to show some improvements. Anyway we have to wait till the proper breakout and a retest at 7290 levels. So wait till the immediate resistance to get broken and enjoy the ride. Disclaimer: Kindly do your own analysis before taking any trade. This view is for educational purposes only.