Maruti SuzukiIs Maruti done here looks like ending with a diagonal now a fall is expected here ... lets c wat hppns i will update if it changes its direction
MARUTI trade ideas
Maruti Auto Analysis daily chart Maruti Auto does not offer a good recovery in the last few months. Now, the chart pattern is building. The daily chart indicates the following things!
It moves slowly.
1st Target - 7400
2nd Target - 7750 (breakout level for 3rd target)
3rd Target - 8000
Stoploss - 6400
Happy Trading!
Breakout - Multiple DimensionsBroken multiple trendlines in Weekly Time Frame, I am not sebi registered.
MARUTI - Intraday or Small Swing trade opportunity of 5% ROIAll details are on chart.
Please note - Am not a SEBI registered. Please do your own analyses before taking any position. This post is only for educational purpose.
Maruti Inverted H&S Breakout retest on weekly chartsMaruti been an underperformer in this bull run. Now finally taking out some momentum. With a closing at 8550 on weekly basis confirms the breakout. We can expect 9100/95000/10000 in the coming weeks with a stop loss below 770 for traders and for positional investors 7400 should be the stop loss.
Maruti ready for life highs 10k with 21ema as slMaruti ready for life highs 10k with 21ema as sl with previous resistance acting as good support.
Maruti: LongMaruti
Bullish Structure
Inverse head and shoulder
It was my diwali pick.
Still looking attractive.
Details in the Chart
A high probability option trade on maruti SuzukiBullish view on #MarutiSuzuki
Maruti is all set for a consolidation breakout. Tracking 8900 call near 160 for 250 rs spike. Auto stocks on radar. #optiontrading #stockstowatch
Buy Today, Sell Tomorrow: MARUTI DON'T HAVE TIME TO MANAGE YOUR TRADES? | Resistance Breakout in MARUTI
- Take BTST trades at 3:25 pm everyday
- Book profits within first 30 minutes of the market opening
- Try to exit taking 3-5% profit of each trade
- SL can be taken when 5/15 min candle close below 44EMA
- SL can also be maintained as 1% or closing below the low of breakout candle
Levels mentioned on the chart are calculated using Breakout Indicator
Now why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Buy Today, Sell Tomorrow: MARUTI for more than 5%
MARUTI BIG TIME BREAKOUT + RETESTMaruti has given a long awaited breakout after 6 months and with a strong bullish candle failing which have been a possible double top formation.
9 ema is acting as current support
Successful retest done
RSI in bullish zone
MACD above signal line.
BUY ABOVE - 8600
Targets mentioned in the chart above
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Elliott Wave Analysis : Maruti Suzuki weekly TimeFrameAfter Double Zigzag, new Impulse Phrase has started and 4th wave of Primary degree is forming,
as we all know that corrective 4th is the accelerator of 5th wave . so , if we will find the ending point of wave 4 we can ride on the 5th impulse.
Competition of Fifth wave will also provide us the ending point of 1st wave higher degree.
Maruti looks Positive.The Vital Resistance Level of Rs 8355 has been Broken in Maruti which makes this level a chance to enter Long with a target of 9498.
The time Period is One month.
RSI 13 is also gaining momentum and may cross into sweet 60 Level.
Earnings are also expected and One can expect a positive surprise in the Results.
Stoploss can be kept at 8300.
Maruti suzukiMaruti suzuki can come down and rise towards 10,000, would not short and wait for a good price entry to buy.
MARUTI AFTER A STRONG BREAKOUT. LONGMaruti is good for a long position. Tested the resistance as support.
Maruti - Breaking out of a rangeMaruti had its highest close in almost 2.5 years..Breaking out of a consolidation in Jan 2022. If the breakout can hold the stock could move back towards 10,000.
With the semiconductor problems easing the auto sector could now start looking good again..
Long above 8820. Stoploss below 8200.
These are investment kind of stocks so SL's wil be much lower.
#MARUTI - Long term View#MARUTI
CMP - 8550
Can be looked in the range of 8223-8369
Above 8980
Next Levels can be expected 9440,9870 & 10790
View will be negated below 6986
Disclaimer : This idea is only for education purpose, Pls consult your financial advisor
We are not Sebi registered.
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Head & Shoulder Pattern Formation in MarutiMaruti has been in a Complex Head and Shoulder pattern formation since September 2018. Looks like the stock is coming out of this pattern as it moves above 8500 with high volumes.
The stock had reported its Quarterly Earnings on 25th Jan and the stock has moved +4.2% since then.
If the stock stays above 8500, it can move towards its all-time high of 10K
Maruti: Best to dip Buy..
CMP:8550.95
Upcoming Target: 8212, 9182.
After Completing W Pattern Target Now Maruti Go for Elliot Wave theory.
In Maruti can see the stock price starting to fall after the completion of the 1st Elliot wave . The downside target is 8203. The correction wave may take the 12345 pattern.
You also go for Long term buy on dip strategy with five time investment.
Feel free to share your feedback and queries.
If you want to know about your stock please mention in comment.
