MARUTI trade ideas
Buy Maruti SuzukiBuy Maruti Suzuki Near 6840-6850,Stoploss 6680 Target 7280
Study : Cup & Holder Pattern Breakout and Retest Structure
MARUTI READY FOR BREAKOUT AFTER 7347 IT HAS TAKEN SUPPORT AND MOVED UPWARDS .CAN SEE GOOD MOVEMENT AFTER 7347 .
THIS IS ONLY FOR EDUCATIONAL PURPOSE .TRADE WITH YOUR OWN RISK
Long Maruti...Value Zone ReversalMaruti
CMP - 6736
Stop - 6300 on DCB
Expectation -
1 - 7800
2 - 8500, Review at 8500
Expected Holding Period - 80 trading days or earlier
Ideas being shared only for educational purpose
breakout and positive divergence in Marutikind of descending triangle pattern breakout u can say AND also POSITIVE DIVERGENCE on RSI can be seen. can go positional long at CMP or if you're a breakout trader can wait for the range breakout and confirmation of the daily candle closing above 6709.00 level with a strict stop-loss of 6400(on closing below basis), all the horizontal lines u see on chart can take it as a intraday levels as those levels can act as valid support and resistance, all the horizontal lines above can be the targets for this trade.
THIS VIEW OF MINE IS PURELY BASED ON TECHNICAL CHART, BEWARE OF NEWS.
Maruti Suzuki Potential Reversal CandidateAuto Sector has been in downtrend from its high of 11000, however it has taken some pause at resistance turned support levels around 9400. If Nifty Auto Index moves further up to 10,000 level, reversal in sector trend may be confirmed.
We see RSI bullish divergence on daily charts. Daily RSI is also above 50.
Go Long on Maruti Suzuki above 6950 as it breaks downtrend line as well as 20 DMA.
T1 = 7300, T2 = 7700 and T3 = 8200
Stop loss - 6500
MARUTI at Strong Supply ZoneMaruti in uptrend but currently arriving at strong resistance zone (7200). Auto sector in general bullish. So have to wait and watch tomorrow for current levels and then take trade.
Pure bullish price action - 1:3 risk reward rationCMP: 6965, T: 7053, SL: 6939
Study:
1. Stock bounces back from hourly support with bullish engulfing candle stick pattern.
2. Short term trend line breakout
Maruti Bullish SharkMaruti Bullish Shark Pattern achieved
Pattern Invalidated Below 6250
Long on hourly Closing above 6550
Tgt 1 : 7130
Tgt 2 : 7360
Tgt 4 : 7590
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 6989 levels , expected to reach 7300 in few weeks.
Follow the page for more sure shots stocks !!
The given details for educational purpose only, am not SEBI registered advisor.
Maruti climbingMaruti driving itself towards 7250-7300 which is strong resistance. Crossing this u will big target upside. This time its Petrol(Volume) is full.
MARUTI SWING AND POSITIONAL TRADE WITH 1:3 RISK REWARD SETUPHi Friends and Traders,
All levels are marked on the chart.
Reiterating that entry should be on closing basis in 1H chart only.
Good Consolidation
Good Retracement
Breakout from Descending Trendline
Good Build Up
Small Stop LOSS
Great Risk To Rewards
Enjoy.. Comment if you have Traded !!
MARUTI READY FOR A SPIN WITH 1:11 RISK REWARD #DONOTMISSHi Friends and Fellow Traders
#DONOTMISS
#MARUTI
Broken out from the Daily Downtrend (+ Sign)
Price has been beautifully Consolidating over Hourly 200EMA
Following a Good Trendline in Hourly TF
Successfully closed above 6800-6850 resistance level (after testing for 4 times)
Same Level may act as support to propel the stock further
Today took slight rejection from 200 Daily EMA (expected)
Close above 200 D EMA will further propel the upside journey
KEY LEVELS FOR ENTRY , TARGETS AND STOP LOSS MARKED ON CHARTS
