Maruti is an interesting chart with following 1. RSI on all time frames above 60 2. Stock closed near 52 week high zone 3. Price close within 2 year and 5 year high zone 4. Price Making higher highs for last 3 days 5. ABCD candle on weekly chart with huge green candle and high volume 6. Major Support 10380 - 9800 zone 7. Next Major resistance near 11500...
Maruti is trading in upper channel. currently it has given strong breakout before annual results. On daily chart leading and lagging indicators are showing bullish view. On the same side Price action has given strong breakout on daily chart.
as per recent boom in auto industry , and strong sells growth, maruti is ready to achieve 12400 target.
price-MACD divergence tesla entering indian market will be a challenge to tatamotors and maruti target and SL marked
Maruti Suzuki is looking weak on daily time frame. Seems buyers are not interest at this price. Stock is getting rejecting at upper side from last three days near same price levels. Keep on radar.
Maruti (swing Trade) Bearish if stays below 12464 can then move to next fib Support zones Upmove only above 12783
CMP 11200 Buy dips till 11k SL CLB 10800 Tgts 11500-11800-11950 Plz dont miss to Like/Boost & Share this idea For more Info - Plz visit my profile Rgds, Naresh G SEBI Reg RA
Maruti Form Inverse H&S pattern. Clear break out with volume. Target for this pattern would be 16116.
Good for swing trade. Buy price, Target, SL added in the chart
Good chart structure Stock in blue sky zone Target can be around 13000+ Stop loss can be around breakout level 11730 I am just representing my views. For educational purpose only.
📈 Stock Name - Maruti Suzuki India Limited 🌐 Ichimoku Cloud Setup: 1️⃣ Today's close is above the Conversion Line. 2️⃣ Future Kumo is Turning Bullish. 3️⃣ Chikou span is slanting upwards. All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER crossing 12340. 🚨Disclaimer: This is not a Buy or Sell...
#Maruti cash -Long term buy 20 March 2024 Looks good at 11700-11900 zone with view of 2 year Target 13800 No Stoploss .. Do SIP Investment Cmp 11941
Breakout in Maruti suzuki limited. as per trend based fibonacci levels it can go upto 13000. Linear regression channel shows it can reach 13000 earliest in April or later in May.
Maruti Suzuki is trading in downward slopping channel in hourly time frame. Keep on radar. Stock is forming narrow pivot points from 6-7 days. Can expect good momentum soon. Price action with OI will help to catch direction.
Pivots points on Maruti Suzuki indicating that a big movement is possible in this month. Need to connect the price action with OI data to project the movement side. On past data basis, Maruti Suzuki give a good trend in the month of March. Keep on radar.
Maruti Suzuki is taking pause since last 2-3 days and forming double top pattern. Daily closing below 11500 can bring 11150-11200. Keep on radar.
Maruti Suzuki Ltd analyasis on 14 Jan 24 Best buying level near Breakout and retest level are between 9600 to 9750 Keep stoploss 9100 Target 10000 and 11000
After an uptrend, it transitions from higher highs to lower highs. Drawing a trendline indicates it's ready for a breakout. Keep the stock on the watchlist and wait for the breakout. Ensure that when it breaks the trendline and undergoes a retest, that's the time to enter "Note: I will maintain charts in a simple way. Only those with basic knowledge of technical...