60% Target in Maruti by Diwali 2022Inverse head and shoulder. Time for Auto sector to outperform in next year. Recording for analysis. Do your own due diligence before taking positions.Longby vinimay1
Maruti Readying for a big moveThere is a strong resistance at 7800-8000. Maruti has has struggled since a year 2018 to cross it. From all time high resistance is just 20% down. on the lower end 6500 is the support year. Twice it broke down on lower time frames but failed to do so on monthly chart. In first breakdown price returned in 7800-6500 band in next candle & in march owing to severity of fall it took more candles return in the mentioned band, there was no follow up selling. This 1300 Rs band on monthly time frame shows the stock is just taking a breather after continuous up-move since multiyear breakout around 1850 in year 2014. stock almost became 5x hence a breather is expected Now after spending 3 years in consolidation, it looks attractive to accumulate for short term trading & long-term investment. Vven the stop loss is at 6000, just 1000 rs down from CMP 7300. not even 20%, which makes maruti a good pick for long-term. As per Fibonacci retracements stock is consolidating in 78.6% to 61.8% . 78.6% & 61.8% are most nearest to the top Shallower the retracement healthier is the uptrend. Longby varadtambolkarUpdated 2210
maruti going down in 10days in coming days maruti is going down . as when i saw this chart its create head and shoulder pattern in, in head and shoulder is complete maruti going down in coming days .. now you can trad as well as option you can buy octuber and november put buy today rate is 7400 put is 135 rs in 100 share around your maximum loss is 14000 and on the other hand you can earn around 15k to 30k in coming days 10 days Longby ashishsuryavanshi67Updated 0
MARUTI has been taking support on it's 50 EMANSE:MARUTI has been going down for a week now and it seems to be taking support at its 50 MA from where it can reverse.Longby gauravcs4u0
Simple Trade Setup | MARUTI |26-10-2021 [ INTRADAY]NSE:MARUTI I am posting this as one of the follower requested. Observations: 1) On 1 Day time frame, we can see that it is near its 100DMA and also critical supprot range 7165 - 7200. There are chance that it will take support from this range. If it breaksdown and closes below then it will show weakness. Please refer below chart : 1day Time Frame. 2) Also on daily time frame, if we apply FIB retracement from recent uptrend then we can see that the 61.80% level (7177-7178 level) is falling under the the 7165-7200 level range. If it works as support then we can see bounce back. Please refer below chart : 1day Time Frame. 3) On 15min time frame, we can see a bullish divergence. As price is making almost flat lows while RSI is making higher lows. Tomorrow we might see a sudden upmove. But it may or may not sustain, it may have a followup of profit booking as well. Please refer below chart : 15min Time Frame. ------------------------------------- All the levels and most of the trade setup still remains the same as per previous. Trade Setup for Date 26-10-2021: 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or gap down chase. Wait and trade between levels. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.by Trading_hawk3
Maruti Suzuki - Ready to move upNSE:MARUTI Maruti has formed triangle pattern and it has broken out upwards. Looking good for a swing trade. I have mentioned the entry, SL and targets in the chart. Trade according to your own setup and risk. Comment your views and doubts. Thank you... Happy trading...Longby kishoredpUpdated 112
MarutiMaruti near Support, Interesting to see what it does now. 7400 Make or Break Staying above 7400 may reach 7700 Below 7400 then 7200 on cards.Longby Singh_Siddz9
MARUTI SUZUKI PRICE ACTION ANALYSIS. LONG IDEAMaruti's price has fallen significantly recently. This pattern is perfect to be called a Shark pattern. After a second impulse, the correction went too deep and is expected to be reversed from the PRZ. This is XABCD bullish shark pattern has extensions 0.886-1.13 which form the potential reversal zone (PRZ). We can also a downtrend line is broken, but for confirmation wait until the price breaks the supply zone. Any rejection from the supply zone might throw the price near the demand zone. Buying from a PRZ gives us a high risk-reward ratio. The stop loss and target levels are mentioned on the chart. Happy trading :) This is just for educational purposes.Longby Sanjan91Updated 2
Maruti short term trade 7900If it breaks 7900 with higher volume, 10000 seems possible!!Longby kartikdass2016Updated 2
MARUTI SUZUKIdouble bottom formation in maruti after a huge under performance . looks bullish if market supports . its a 1 day chartLongby dixitamratanshu2985
MARUTIInveted Head & Shoulder Pattern Spotted In MARUTI. BUY above 7800. SELL below 6350Longby rashmiranjantarennia0
Bullish Pattern in MARUTI.Inveted Head & Shoulder Pattern Spotted In MARUTI. Buy above 7800. Sell below 6350.Longby rashmiranjantarennia0
Breakout of 7480 might will lead to upside targets of 8556Breakout of 7480 and successful retest of it will lead to upside targets of 8556 and 9632. But failure to break will lead to accumulation till 6149. Hope it breaks 7500 on the upside which is a multi-year resistance.by aravindleo_990
Maruti Buy 7464 T1 7501 T2 7554 T3 7583 SL 7399Suggestions are based on my analysis only. Please do your analysis before taking any trade. by ashishlele291
Head n Shoulder Pattern in Maruti SuzukiINVERTED HEAD & SHOULDER PATTERN IN MARUTI SUZUKI---- LOOKING BULLISH FROM HERE For Educational Purpose onlyby ScorpionNamo1
Buy CE Maruti, will hit before nov 21Maruti may touch 8000 before November 2021, buy CE avoid PE. Hold if have CE. Enjoy ProfitLongby Profitmakernifty663
Maruti Monthly Inverted Head & ShoulderMaruti monthly chart clearly shows the formation of an Inverted H&S pattern. Breakout awaited. The tgt of a valid brkout, should ideally lead to the stock getting into its All Time High Prices. But still the previous top will act as a major resistance. One should take caution at that price levels. Longby TAGaganDeep3
#MARUTIOn D the TinyIC range was broken on the upside Potential target after IZ break is 6991by krishnakhannaUpdated 5
MARUTI is showing some profit booking today.This could be some retracement in NSE:MARUTI and it can show 7700 and 7800 again if market is in the same momentum.Longby gauravcs4u0
Bearish Pattern In Maruti Bearish Pattern In Maruti , we can expect First Target 7404.Shortby TheMaskManTradingSchoo2
Get position safe, as maruti suzuki has been shown exhaust on weGet position safe, as maruti suzuki has been shown exhaust on weekly chart, also it's a double top . If this week close can't surpass 7728 level it could be a false alarm. Lower target are still open lowest could be 6600.by behraniravi0
MARUTIMaruti, after consolidation phase of wave 2, this stock has given breakout from resistance trendline along with good intensity of volume, with upper bbc in both weekly and daily time frames, wave structure suggests that wave 1 and 2 has been completed and now wave 3 has been started, as wave 3 unfolds price can show the bigger levels of all time high in this stock, this can take months to play out but we have started an uptrend for the sector, we can face next resistance at 7964, 8400 and 9520 levels, one can go long at these levels or in dips ( if any ) with mentioned key levels. wave structure and key levels are mentioned on chart macd in weekly positive crossover uptick above zero line macd in daily positive crossover uptick above zero line rsi in weekly uptick above 60+ rsi in daily above 60 and near 70. dmi adx in weekly positive ungali dmi adx in daily positive weekly near bbc daily upper bbc Disclaimer I am not sebi registered analyst My studies are for educational purpose only Consult your financial advisor before trading or investing Longby RK_Charts2211