Maruti ready to fly highMaruti should be leading the bull run later in coming week, it may touch new highs,
MARUTI trade ideas
maruti shorting targets NSE:MARUTI showing signs for a nice fall with respect to daily trendline break down and retest logic.
Falling wedge pattern breakdown in MARUTI.From last few day's MARUTI stock is trading in falling wedge pattern and that stock has given breakout from support level in today's trading session. Hence breakout entry can take above 8800+ and keep its long target at 9470+ level and stoploss is below -8670 in 1h timefram.
Maruti stock looks good to meMaruti stock i feel very good as i see wave number 5 left now, now i feel maruti will meet 10500 target in next 1 month.
Maruti on Daily timeframeMaruti running on Trendline
Breakout on downside can give targets upto 8840
For educational purpose only
Maruti is looking exciting . Study for collecting on Dips.. Maruti is testing its long term trend line on a monthly candle chart. Keep it on ur radar.
Maruti Suzuki India Limited - Ascending Triangle Breakout📊 Script: MARUTI (MARUTI SUZUKI INDIA LIMITED)
📊 Nifty50 Stock: YES
📊 Sectoral Index: NIFTY AUTO / NIFTY500 / NIFTY
📊 Sector: Automobile and Auto Components
📊 Industry: Passenger Cars & Utility Vehicles
DAILY TIMEFRAME
Key highlights: 💡⚡
📈 Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it.
📈 MACD is giving crossover.
📈 Already Crossover in Double Moving Averages.
📈 Script is giving Ascending Triangle Breakout as mention is chart.
📈 Script is trading at resistance level which is around 9280, technically script is looking good for trade.
📈 Current RSI is around 66.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 9280
🟢 Target 🎯🏆 - 9733
⚠️ Stoploss ☠️🚫 - 9053
⚠️ Important: Always maintain your Risk & Reward Ratio.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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Happy learning with trading. Cheers!🥂
MARUTI: Ascending TriangleThis is also a converging triangle formed with one flat horizontal line on the top & an inclined line meeting at a common point as illustrated in the chart.
The flat horizontal line act as a resistance for the prices & the on the inclined line the prices take support. It’s not necessary that the ascending triangle formation takes place only in the bull market, they can be formed in a bearish trend also.
Here also you should concern with the key point “The Third Touch”. The five significant points help us to make our decision in a better way. Here, each points suggesting a reversal point & as soon as price got it’s third touch on the inclined supporting line the price shoot up & a breakout happened.
The target for this pattern is the maximum vertical range of the triangle.
Trading strategy:MARUTI: BUY 9285-75 SL: 9050 TGT: 9545/9850
Maruti (Neowave Forecast)Hi Everyone
Today we are going to discuss Auto Index.
I have given an littile complicate forecast but it was needed to give you an complete picture because you may be having Maruti already in your portfolio.
1) See Maruti is likely to complete its L3 in that price range that mean L5 wont be long. Simply price wise there is not much space for upper side.
But plus point for L Series is that if the pattern occur completely than it will take around at least 12 weeks to reach L5.
2)So forget the forecast but look for the retracement and if you see the price near stop loss of L Series than you can add position for shorterm.
And those who already has the position in Maruti trail sl and do the profit profit booking.
Further update will be given in our trading view live links. Let me know if you have anyquery.
Thank You
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If you new than you need to see our below charts also to understand our Neowave coding style.
maruti at breakoutMaruti now trying to give breakout if successful in breaking previous resistance next target will be 10000
maruthimaruthi had a final monthly resistance
near by trade upperband
flag pattern brakouted( im missed the entry)
target lvl- 9500range or upper
stoploss using srtictly or your choices
diwali is only reason
MARUTI - Channel BreakingLooks like Maruti is looking for new high, if it breaks the current channel then, it will get into new price zone.
A Perfect Channel pattern and strong price build up is fromed to break, which is good to enter.
I trade at my own risk, you trade at your own risk.
Bullish on maruti suzuki as above 52 wAbove 52 week high
Breakout with good volume .
RSI above 60
Following trend line also
Bullish consolidation - Ready to breakoutThis has entered into bullish consolidation mode. Go long on breakout while maintaining SL. Good luck
MARUTHI TARGET 9740MARUTHI is under near monthly breakout. In day bear head and shoulder breakout. If it opens above 8967 and sustains above 9100, it will reach 9740
MARUTINSE:MARUTI
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose!
Maruti Suzuki India Limited is bullishMaruti Suzuki India Limited is extremly bullish, sustaining above SMA 20 will soon see 9700 levels in Maruti in few months.
Entry can be take near 20 SMA.
SL will be candle close below 20 SMA.
Maruti Short term chart#Maruti forming iHnS in 15m TF
looking good for Breakout and 2.5% gain in short term.
Please take manage risk as per ur capacity.
YR 2022 Idea #123: Long on MARUTIThis is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. I might trail my stoploss after I get an entry but even if my original Stoploss hits, i exit the trade with pre-planned loss (risk). At target, I book usually 75% positions and trail stoploss for rest. Our objective to help anyone who wants to learn technical analysis using charts by demonstrating my real trade entries. You can post your queries in comment section here and we will try to answer them asap.
