Buy Maruti Suzuki Near 6840-6850,Stoploss 6680 Target 7280 Study : Cup & Holder Pattern Breakout and Retest Structure
Auto Sector has been in downtrend from its high of 11000, however it has taken some pause at resistance turned support levels around 9400. If Nifty Auto Index moves further up to 10,000 level, reversal in sector trend may be confirmed. We see RSI bullish divergence on daily charts. Daily RSI is also above 50. Go Long on Maruti Suzuki above 6950 as it breaks...
Hello traders, MARUTI Suzuki is getting ready for the 7000 rocket launch! Just in a matter of 3 to 4 trading weeks. Positive news over Maruti in the auto industry gives a better push to reach the expected level (7300) Equity buyers can buy at the current level at wait for another 2 weeks or beautiful results! For F&O is a new month for you guys! So,...
Hi Friends and Fellow Traders #DONOTMISS #MARUTI Broken out from the Daily Downtrend (+ Sign) Price has been beautifully Consolidating over Hourly 200EMA Following a Good Trendline in Hourly TF Successfully closed above 6800-6850 resistance level (after testing for 4 times) Same Level may act as support to propel the stock further Today took slight...
Learning Of Hidden Bullish Divergence in Maruti Suzuki Stock... All Details are mentioned on Charts
NSE:MARUTI As long as price stays below the trend line resistance, It will be bearish... It will be bullish only after if price break the trend line resistance... 🔴 DISCLAIMER : This is just for educational purpose....
Maruti Suzuki has formed a double top in daily TF Short when the reistance zone(around 6800) is retested and a bearish candle is formed Stop Loss - 6900 Target - 6500 To motivate me, give a like and show your support. Thank you! Please stay safe. Happy Trading! Regards, Segan
Long can be executed as the price and RSI breaks the trend line in upside for minimum 80 points target. This analysis will be valid till May or June. Exit once the stoploss is triggered. Kindly share your valuable feedback. Disclaimer : please do your own research or consult your advisor before taking any trade. This view is for educational purposes only.
can long marutisuzuki for bit long term
TREND LINE BREAKOUT AND PATTERN BREAKOUT WITH RISING VOLUME . WE CAN GO FOR LONG FROM CURRENT MARKET PRICE OR SAFERS ENTRY.
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.
Note: 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₹