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Marutisuzukiview

Maruti Suzuki Fined 200 Cr by CCI - Gap Down expectedAutomobile 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 a Financial Advice, Please consult your Financial Advisor before placing trades.
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by AxeCap007
Maruti Ready for 7000Hello 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, plan accordingly with your risk management techniques and diversification of stocks. Option Buyers can enter at between 6960 to 69
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by Monk_of_dalal_street
Maruti Suzuki is going down after a wedge patternWe have checked three things while taking this trade : 1. The volume should be low, no trend changing. 2. Double top pattern from major resistance. 3. We are aiming for 1.5% RR ratio which is good but it can be a hold it it breaks lower support (low chance). Action Plan : Short at the current price and sit back, trail the stop loss once it reached the W pattern bottom leg. Keep riding for profits if it breaks the support as well else exit at trailed stop loss. "You don't have to be a great tra
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by Abhishek_TradersSin
Maruti Suzuki At parallel Channel Resistance Elliot Wave 2Stock post breaking Triangle currently in consolidation at upper channel line drawn from 9929 level. Red Marubozu on Fri 14th Aug 2020 tells start of down move. Wave 2 is starting probably gonna consolidate and go down towards fib levels 0.382 (6385), 0.5 (6264). All bounce towards 6600-6700-6800 short opportunity STOP LOSS 6900 Potential to hit 6400 6300 positional targets Disclaimer: Calculated and plotted values may differ little with actual stock movement. Plotted wave count can be wron
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by Niftydirection
1
IS MARUTI READY TO CHANGE BUY MODE TO DOWN SIDE OR RANGE BOUND Hi Traders, 1. On 14th June 2020, I mentioned in that post is quoting for your consideration " I circled the candlestick pattern called piercing. The psychology behind it is very much clear that bulls found that price lucrative as on support zone .so they came and bought aggressively closing price days high. Novice traders seeing this pattern will jump into long side buy positions. But intelligent will wait for next day trade to find out whether the entry is of weak bulls o
NSE:MARUTI
by yvatsji
6