MARUTI trade ideas
Maruti near long term supportMaruti has already retraced more than 38% from the top. Long term support zone at 6450-6400 which it held in two occasions in last few months. Short term support seen at 6250-6300 levels which can be treated as the stop-loss zone. RSI divergence is prominent in the stock.
Idea: Buy Maruti around 6400-6450 range with a a strict stop loss of 6250-6300 zone.
Maruti - Trendline ReversalLong can be executed as the price and RSI breaks the trend line in upside for minimum 80 points target. This analysis will be valid till May or June. Exit once the stoploss is triggered.
Kindly share your valuable feedback.
Disclaimer : please do your own research or consult your advisor before taking any trade. This view is for educational purposes only.
maruti longbuy at current level for long term holding at this level at 6764 levels with a target above 7300
Maruti breakout at support levelGood swing trading opportunity in Maruti. Good breakout near support level with good volumes.
MARUTI LONG BREAKOUT TREND LINE BREAKOUT AND PATTERN BREAKOUT WITH RISING VOLUME .
WE CAN GO FOR LONG FROM CURRENT MARKET PRICE OR SAFERS ENTRY.
Maruti : GO long from supportFor Education purpose only
Maruti
Good to add till 6478-6794
Target- 7328-7852
SL- 6269
Dtd 9th May 2021
Maruti Suzuki - Breakout candidate.Maruti has been testing this trendline since a long time and it is near to its breakout area.
If we get a breakout with good volumes in coming days, one can buy with a S.L. of 6500 on daily closing basis with target of 7200/7400 in near term if market supports.
MARUTI SUZUKI IND inverted Head and shoulders pattern Viewpls . Wait for volume and pattern completion seen during @8490 formation.
Maruti Bullish inverted Head and shoulders pattern View
Tgt : 12000
Levels mentioned on chart & Given targets seems achievable.
Plan your trade accordingly
#BULLISHENGULFINGPATTERN in MARUTISUZUthere is a formation of bullish engulfing pattern in Maruti Suzuki on the weekly time frame if auto sector gets some boom it will definitely gonna reverse from its support we need to continuously check the auto sector performance made vulnerable because of CORONA and keep an eye at MARUTI SUZUKI and if it shows some correction then 50MA gonna cross 200MA which would give Golden-CrossOver then it is must-have position stock for swing trade but for now, volumes are not satisfactory for having any long position lets wait for few more weeks
MARUTI_SWING OPPORTUNITYMaruti is currently trading near the support zone and has formed a double bottom pattern.
This can give a good return if it starts moving upside.
(for educational purpose only)
Maruti rocket50 percent cars in India are manufactured by Maruti . buy now and hold tight till October for last tgts
Maruti Long Seems after good consolidation with double bottom stocking is inching up. Expecting further up move.
MARUTI is a pattern BUYEntire auto sector is seeing an UPTICK. TAMO, even after having a negative news is still bullish for the day.
Good pick, for a quick bounce (SHORT TERM) could be MARUTI.
Sl is closing basis
Trade setup is mentioned on chart, active after getting a Breakout closing.
Maruti - Wedge pattern breakoutNote: This is for educational purpose only. Please do not trade in F&O based on this analysis.
There seems to be a wedge pattern breakout in Maruti. Similar breakout is seen in RSI as well. RSI nearing neutral - bullish zone of 50.
SL: 6250₹
