MARUTHI TARGET 9813MARUTHI monthly primary resistance trend with symmetrical triangle pattern breakout. Weekly breakout and bullish. Target 9813.
MARUTI trade ideas
Weekly analysis of Maruti Suzuki (08/08/22).Maruti on the weekly time frame has formed a gravestone doji and respected the trendline that it has been following from April 2019.
The stock is trading in the parallel channel and there is a resistance area formed by the previous high.
In the last 2 months, the stock has gained around 15% and the double trend line rejection can be a signal of shorting maruti.
The stock has been taking support from its 20 DMA and is trading just above the moving average.
Gravestone doji with a high volume confirms a shorting opporunity in the stock.
There are 4 green candle on the monthly analysis and in the first week of the month is has formed a nice shorting signal.
Support :- 8850, 8377
Resistance :- 8970, 9530
If the daily candle closed below the 20 DMA, maruti is short upto the level of 8400.
Otherwise, wait for the weekly close and take targets of the moving averages.
Maruti can touch 10,000 - believe it or notBuy Maruti at CMP - 8780-8790-8800
SL - 8400
Tgt - 10k
#swingtrading
Disclaimer :- Please follow strict stop loss n take qty if SL Hits you only loose 1-2% of ur trading capital
Maruti 1HJust placed my idea in Position drawing.
Red Zone: Resistance or Breakout Zone
Grey Zone: Repeated Hurdles (Support/Resistance)
Green Zone: Support or Breakdown Zone
Note: BUY above Red Zone
BUY at Green Zone.
SELL at Red Zone or Trail at Grey Zone
Just follow the Entry & Exit. Trail SL after 1:1 to Cost + Brokerage.
Also you can ask for my views on any chart.
Is Maruti Suzuki getting ready for the breakout ?Maruti Suzuki IND Daily Chart View
Stock is @ important supply Zone, It has to break 9050 level comfortably in daily chart, then only we can see further bullish movement in this stock.
After the breakout, stock has a potential to reach 10000 range.
Take entry only after breakout (9060-9085). 9050 Should act as important support if the breakout is genuine then 8400 will be the ideal stop loss.
This is just a view not a recommendation to trade, do your own analysis before taking any trade.
NSE:MARUTI
Is Maruti ready to drive past competition...Maruti is near its 4 year high and is looking good.
With strong support around 8329 and 7555.
We can see good traction once the stock price goes above 9100 levels, with key resistance around 9572 and 9996.
Beyond these levels, the stock will find good momentum.
Never forget to keep a stop loss.
Note: Not a buy/sell recommendation, but a personal analysis
IN MY VIEW MARUTHI READY 10700as per my analysis maruthi will reach its resistance 10700 at befor 14 nov 2020.just my view
Go Long - #MARUTIGo Long on close above 9000. Improved average volumes along with price and close to previous highs makes it an interesting stock. Auto section is performing well.
R:R - ATR - 2:5
Maruti Suzuki...long!!The stock is on uptrend. See chart for targets and resistance.The stock is showing strength.
MARUTI_INVERTED HEAD & SHOULDERMARUTI seems inverted head & shoulder pattern in weekly chart. If price sustain above 8363 in daily chart, It will move upwards. Refer upcoming targets.
MARUTI SHORTEntry price: 8780
SL - 8830
Target - 8715
Note: View shared for educational purpose only. Conduct your due dilligence before making any trading/investment decisions.
Maruti The Reason of going up NSE: MARUTI
Time Frame :- 1 Month
Patterns Name :- Inverse Head and Shoulders
Conclusion :-
A Inverse Head and Shoulders pattern which is a Bullish Pattern and a signal before the Uptrend which most probably shows up a down trend .
We are not responsible for any profit or loss
Based on Your Own Risk this is only to Show you the Current Pattern
Comment Below If You want to ask me questions on this on any other idea
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Made By MAYANKTECHRESEARCHING
Time to sell Maruti car and buy it’s shares?According to the news, Suzuki is investing in India for its EV factory, which is a game changer for EV competitions. So Maruti may resume it’s up move. Good for investment
MARUTI - 8th July 2022Stock hitting Resistance Zone of 8745 - 8345.
Expect Bears to dominate until these levels are crossed
Maruti but there is a double game NSE: MARUTI
If Breaks Then The Targets could be Taken at 8973
Time Frame :- 1 Day
Patterns Name :- Inverse Head and shoulder
We are not responsible for any profit or loss
Based on Your Own Risk this is only to Show you the Current Pattern
Comment Below If You want to ask me questions on this on any other idea
BTW Like and Follow if you like this awesome content
Made By MAYANKTECHRESEARCHING
if you got the answer then tell me or wait for next idea at maruti
MARUTI - AUTO MOMENTUMIn continuous of my previous idea on Maruti, where it failed to gain momentum on upside. Finally a bullish momentum is indicating on Moving Average Convergence Divergence . Crossovers are more reliable when they conform to the prevailing trend. If the MACD crosses above its signal line following a brief correction within a longer-term uptrend, it qualifies as bullish confirmation. One can go long for a price target of 9200 in the near term of 1-2 months.
DISCLAIMER - I AM NOT A FINANCIAL ADVISOR , ITS JUST AN VIEW AND NOT AN ADVISE.
[Positional] Maruti Sell IdeaNote -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
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I use shorthands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems.
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I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
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Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
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MarutiAnother Auto Stock which is looking quite fantastic is Maruti, if we draw Fib level downwards since dec2017, will find it has come above 0.50 level, which is a sign of reversal and going bullish, again best time was in march to buy at EMA200, however gave a good breakout on 23jun from consolidation phase, looking for immediate target 10000, 14000 (by end of financial year) and 3rd target around 30000 may be in couple of years, so one of the best stock to start SIP on regular basis.
Rising wedge pattern breakdown in MARUTI.The rising wedge pattern seen in today's trading session has given a breakout in MARUTI stock and it has a chance to go up to 9500 in 1D timeframe.
MARUTI SUZUKI BREAKING POTENTIAL RESISTANCE AGAINMaruti suzuki india breaking strong resistance again giving positive signals on macd indicator too, lastly when it broke that give a sharp up move, lets see what it will do this time
Maruti BullishMaruti seems breakout in minor trend
with confirmation of weekly inverted H & S
concentrate if price sustain above 8363 in daily
All you need to know about Auto sector | Price action analysis I daily make educational content videos on finanical markets
MARUTILooks huge bullish moment.take first target 7% - 8%.
Then wait for upper trendline breakout.follow proper risk management.
