MARUTI KEY LEVELS SUPPORT AND RESISTANCE 12/06/2020 FRIDAYKey Levels for MARUTI SUZUKI : INTRADAY CHART ANALYSIS
UPPER BREAKOUT~5480
FIRST TARGET~5567
INTERIM RESISTANCE~5690
FINAL RESISTANCE~5813
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LOWER BREAKOUT~5391
FIRST TARGET~5327
INTERIM SUPPORT~5262
FINAL SUPPORT~5187
My views are for educational purposes only.
Please trade with caution and consult your financial adviser before trading.
TVSMOTOR
TVS motor again at break out level.TVS motor is closed today at 352 & throughout the day stock is struggling to break the level of 355 . Now in one hour chart Flag pattern is clearly visible . So tomorrow we can take the long entry above 353 Till next zone of 368 . If stock sustain the level of 368 then it can achieve the target of 380 in coming session. So keep the stock in your watch list for further update.
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask .kindly follow for more educational ideas.
If you play the blame game, you’ll never become a better trader. Accept your mistakes and practice to achieve the targets.
TVS Motors Trend Analysis & Trade Setup !!TREND ANALYSIS & TRADE SETUP
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX.
Wait for entry setup, if available then Long/short.
R:R is 3 to 8 times.
SWING TRADE IN TVS MOTORS !!(DEC FUT)!!SWING TRADE IN TVS MOTORS
VIEW
-RETEST OF 200-DMA
-BOUNCEBACK
-HAMMER (SIGNS OF REVERSAL)
-GOOD RISK TO REWARD RATIO
CHECK THE PREVIOUS IDEA
CHECK THE PREVIOUS IDEA
CHECK THE PREVIOUS IDEA
TRADE VIEW
DEC FUT
BUY@450
STOP@443.5
TARGET 1@460
TARGET 2@470
LOT:1100
QTY:2
TVSMOTOR ANALYSIS DOUBLE TOP AS WE CAN SEE W PATTERN IS COMPLETED AS MENTIONED IN CALLOUT AS DOUBLE TOP MARKET FALLS AFTER THIS PATTERN ONCE HORIZONTAL LINE AS MENTIONED WITH CALLOUT BROKEN ON CLOSING BASIS IN 30 MINUTE CANDLE GO SHORT WITH TWO TARGETS AS MENTIONED WITH ARROWS GOOD LUCK
NOTE: FOR EDUCATIONAL PURPOSE ONLY NO ADVICE GIVEN
BTST TRADE IN TVS MOTORS !!(FUT)!!BTST IN TVS MOTORS
VIEW
:-TVSI AFTER A GOOD UPMOVE SAW CORRECTION AFTER RESULTS
:-ITS FIRST TIME TEST OF 200-DMA LOOKS SUCCESSFUL
:-FIB0 LEVEL OF 38.20 LOOKS GOOD FOR ENTRY
:-GOOD RISK TO REWARD RATIO
TRADE IN 28TH NOV CONTRACT
BUY@458
STOP@452
TARGET 1@470
TARGET 2@478
LOT:1100
QTY:3