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MARUTI - Supply Zone Rejection💹 Maruti Suzuki India Ltd (NSE: MARUTI) View: Supply Zone Rejection | Chart: Intraday Market Context: Sellers in Control Near Overhead Zones 📊 Price Action Maruti has seen a sharp sell-off from higher levels, followed by weak consolidation near the lows. Every recovery attempt is facing pressure, clearly indicating that supply is dominating the upside. The structure remains corrective, not impulsive. 🔍 Technical Analysis (Chart Readings) Strong bearish candles from the top confirm institutional supply activation Pullbacks are shallow and overlapping, showing lack of strong demand Price is trading below major supply zones, keeping the trend capped 🎯 Key Levels (Chart Readings) Immediate Resistances: 16664 16827 16951 Supports to Watch: 16377 16254 16090 🟥 Demand & Supply Zones (Chart Readings) Supply Zone: 17155 – 17174 This zone marks the origin of the breakdown. Heavy selling emerged from this area, making it a high-probability rejection zone on any future retest. Strong Supply Zone: 17016 – 17027 A structurally important zone where price failed multiple times. As long as the stock remains below this band, upside is likely to remain restricted. 🧠 STWP Trade Analysis From an STWP lens, this is a classic supply-driven structure. Until price shows strength above the marked supply zones with volume expansion, rallies should be treated as pullbacks, not reversals. Smart money behaviour suggests distribution, not accumulation. 🔮 Final Outlook Trend: Weak to Bearish Momentum: Fading on pullbacks Risk Zone: Near supply areas Bias: Sell-side pressure dominates below supply 📌 Markets respect zones, not opinions. When price enters supply, probability shifts. ⚠️ Disclosure & Disclaimer This post is for educational and informational purposes only. It is not investment advice. Markets involve risk. Always manage position size and consult a SEBI-registered advisor if needed. 🚀 Stay Calm. Stay Clean. Trade With Patience. Trade Smart | Learn Zones | Be Self-Reliant
NSE:MARUTIShort
by simpletradewithpatience
Large Rectangle Breakout Seen in GAIL India Ltd.Hello Traders, i have brought another analysis on a pattern breakout which called (Rectangle Pattern). Well i have marked and written most of the things on chart, but still i am gonna to teach you here guy's about this pattern so if you see this next time, at least you guy's will be able to trade. So Let's start:- Q:- What is Rectangle Pattern and How to Use Rectangle Chart Patterns to Trade Breakouts? Rahul:- A rectangle is a chart pattern formed when the price is bounded by parallel support and resistance levels. A rectangle exhibits a period of consolidation or indecision between buyers and sellers as they take turns throwing punches but neither has dominated. The price will “test” the support and resistance levels several times before eventually breaking out. From there, the price could trend in the direction of the breakout, whether it is to the upside or downside. we can clearly see Above in GAIL chart that the pair was bounded by two key price levels which are parallel to one another. So, Traders, i hope you Guy's have learned today how to Trade Rectangle Pattern, but Mates We just have to wait until one of these levels breaks and go along for the ride! Remember, when you spot a rectangle: THINK OUTSIDE THE BOX! That's it. So now let's focus about company background. Incorporated in 1984, GAIL, a Government of India undertaking, is an integrated natural gas company in India. It owns over 11,500 km of natural gas pipelines, over 2300 km of LPG pipelines, six LPG gas-processing units and a petrochemicals facility. It also has a joint-venture interest in Petronet LNG Ltd, Ratnagiri Gas and Power Pvt Ltd, and in the CGD business in several cities. GAIL has wholly owned subsidiaries in Singapore and the US for expanding its presence outside India in the segments of LNG, petrochemical trading and shale gas assets. Market Cap ₹ 76,074 Cr. Current Price ₹ 116 High / Low ₹ 123 / 83.0 Stock P/E 18.4 Book Value ₹ 98.8 Dividend Yield 3.46 % ROCE 9.79 % ROE 8.69 % Face Value ₹ 10.0 Debt ₹ 17,816 Cr. EPS ₹ 6.32 PEG Ratio 5.93 Promoter holding 51.9 % Intrinsic Value ₹ 309 Pledged percentage 0.00 % EVEBITDA 10.8 PROS Stock is trading at 1.17 times its book value Stock is providing a good dividend yield of 3.46%. Company is expected to give good quarter Company has been maintaining a healthy dividend payout of 43.6% CONS Company has a low return on equity of 13.8% over last 3 years. Earnings include an other income of Rs.2,947 Cr. Important levels for GAIL India Ltd. Buy in between 112-117. Targets we can see 130/140+ Keep Stop loss at 108.5 Price is above 200 EMA We have seen Proper Breakout of Large Rectangle Pattern in weekly timeframe. with Good Volume Price is sustaining above breakout trendline and it has given pull back to retest the levels MACD and RSI has given bullish crossover (I have not placed RSI here as i want chart neat and clean but i have analysed already) Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's. Thankyou.
NSE:GAILLong
by TraderRahulPal
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