MARUTI LONG BREAKOUT TREND LINE BREAKOUT AND PATTERN BREAKOUT WITH RISING VOLUME .
WE CAN GO FOR LONG FROM CURRENT MARKET PRICE OR SAFERS ENTRY.
Marutisuzuki
Maruti Suzuki - Breakout candidate.Maruti has been testing this trendline since a long time and it is near to its breakout area.
If we get a breakout with good volumes in coming days, one can buy with a S.L. of 6500 on daily closing basis with target of 7200/7400 in near term if market supports.
Maruti - Wedge pattern breakoutNote: This is for educational purpose only. Please do not trade in F&O based on this analysis.
There seems to be a wedge pattern breakout in Maruti. Similar breakout is seen in RSI as well. RSI nearing neutral - bullish zone of 50.
SL: 6250₹
MARUTI BUY MARUTI LOOKS A NEAT BUY NEAR 6500 - 6472 WITH STOP LOSS BELOW 6271 FOR TGT 1 : 6887 TGT 2 : 7142 TGT 3 :7372.
Try to book on a risk reward of 1:2 and don't wait for the exact targets as market is very uncertain.
This post is for educational purpose only.
Disclaimer post: We are not sebi registered analyst, plz do your own analysis before investing. we are not responsible for any of your losses
The Vehicle Giant is about to RACE soon!NSE:MARUTI is getting everything it needs to RACE in the Bull Market soon.
The channel breakout is awaited.
Maruti LongExpecting Positive breakout upside tomorrow, it should close above of Redline Resistance. All Levels like TG1,2,3 and SL mentioned in chart.
Maruti Suzuki India Ltd CAN WE SEE MORE DOWNTRENDmaruti suzuki not looking good for now.. it keep making lower low.. if u look into chart i have drawn 2 channel. the first big rising channel he was ready for 10000 journey but broke the channel and fell into another channel.. i would say dont buy maruti right now wait for confirmation..
Lower Low formationLevels mentioned in the chart Itself... Trend will get invalidated on closing above 7200(approximately)
~This analysis is only for educational purpose~
Maruti - Swing & Intraday | 30th MarSupport zone has been tested multiple times from October'2020. Can give very good returns if breaks the support - Head and shoulder breakdown
Intraday - Enter on support break and target 6670
Swing - Enter if daily candle breaks 6700 for targets 6580, 6500 and 6300
P.S. If stock bounces from support and breaks 6900 on daily candle then minimum target 7100/7150
MARUTI SUZUKI IND
200EMA below price is trading so it's an indication of Bearish trend confirmation.
6751 is 1st Key SUPPORT 1 if Breaks this Level, and SUPPORT 2 level 6236 is 1st target.
Maruti is at Crucial SupportMaruti crucial support is placed at 6750 closing below it can trigger a sharp drag in the scrip.
Maruti Bullish Bat seen at 6400-500bullish bat seen at 6400-500........if sustains 6400-500 den we see nice rebound till 7200-300
Thanks
Jp Pro- Harmonics
Jigar Pateel
8898030401
Maruti at strong support zone!Maruti is near a crucial support. Might bounce if the auto sector goes bullish. Will give good targets. Keep it under watch.
Maruti Suzuki has given breakout from head & shoulder on dailyMaruti Suzuki has given breakout from head & shoulder pattern on daily time frame. Moving towards its target.
MARUTI -- Further correction??MARUTI is just below long term trend line -, below 100, 50 EMA and on 200 EMA.
Any move further below will take it lower lows -- keep it in watch list.
Both sides movement is possible -- from current support to bounce back or breaking the 200 EMA and further downwards.
Trade as per market trend.
MARUTI - IMPORTANT SWING TRADING LEVELS
Wait for the price to sustain above the trendline and marked zone.
Go Short if the price gets rejected from the Grey zone.
Use appropriate risk-reward ratio.
Always use a Stop loss.
P.S : This is NOT investment advice. This chart is meant for learning purposes only. This is my personal journal. Invest your capital at your own risk.
MARUTI SUZUKILittle correction in maruti suzuki
•Inverted head and shoulder
•RSI overbought zone
•Strong monthly demand zone 5200-5800₹ range.
Its price break the monthly trend line and now retesting its MN demand zone in coming 2-4 months.
