Maruti - LongMaruti is looking bullish in coming days . Level on Chart.
Disclaimer - Only for educational purpose.
MARUTI trade ideas
" H & D " PATTERN IM MARUTI SUZUKI 15 MIN CHARTi found here this H&D pattern & also it took support of incline trend line, so here its high chance for long...here you can trade according to 1:2 risk reward ratio....best of luck
Maruti Buy 6914 T1 6925 T2 6940Please use trendlines for resistance and support. Do your analysis before taking any trade.
Maruti for intraday trade (15 Sep 2021)Buy maruti above 6957 for target of 7000 / 7050
Stoploss 6899
Follow strict rules of Entry and Exit.
[Turtle] Maruti 6500PEI do not have a view that it will jump. But my view is it will not fall. So I am selling 6500PE.
Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
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I use shorthands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems.
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I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
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Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
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Maruti Buy 6907 TGT1 6916 TGT2 6930 TGT3 6950Please use trendlines for resistance and support. Do your analysis before taking any trade.
Swing trade opportunitytrade setup based on:
support area or demand zone
trend-line-breakout strategy
Note:
Its just my point of view, Please recheck and enter the trade with proper risk management.
MARUTI SUZUKI stock is following a trendline, and we can see it's getting closer to 200 day moving average, some consolidation and breakout is expected. follow the chart above for enry exit Sl levels.
Maruti Buy at 6894 TGT1 6927+Please use trendlines for resistance and support. Do your analysis before taking any trade.
Maruti Can go for Short!!Maruti Can go for short..
Level Can reach up to 6400.
More RSI and levels are on downtrend and also have falling flag pattern.
#Maruti - Drive In$MARUTI.NSE #Maruti - @ CMP seems a good buy for a target of 6940 and 7100 with SL @ 6690.
Maruti - Time to longLevels are mentioned on the chart.
Only for learning and sharing purposes.
Not a piece of trading advice.
Please share your views in the comments.
MARUTI ONCE AGAINIt looks MARUTI is still in correction.
counting telling that we need to long it around 5700.
A head and shoulder is also under formation on daily chart which if happens then 4600 can be seen...!
No recommendation of buying...
Regards
#Maruti cash : Looks good above 6960.10#Maruti cash -Positional call
09.03.2021
Looks good above 6960.10
and add more above 7020.10
stoploss 6850
Target 7140/7280
Cmp 6863.10
fall is finished?Stock set stage for upside reversal by making IHNS pattern.
Can give 5% move above 6950
Stop loss is yours :)
MARUTI HOURLY CHART NEXT PHASE IDEAhello traders
this is the 2nd chart of maruti which i have posted earlier
MARUTI is stuck in a small rangeNSE:MARUTI is having resistance and support in a small range. If it breaks 6960 decisively then it can show good momentum.
What do with Maruti Suzuki The big question is what should we do with Maruti:
Fundmental analysis :
On fundamental basis we should sell Maruti because the amount of return in equity has been following over the years and it is also in loss because of rising steel prices and it is not able to keep up with the suv trend. Also there is chip shortage.
Future on fundamental:
In the futures the fundemental maybe string because it is pairing up with Toyota for electric and advanced SUV cars:
Technically:
on the basis of technical analysis very bearish because it broke its crucial 50 DEMA of 7000 and it is forming a triangle pattern which has broken the neckline of 6990. And somewhere a head and shoulder pattern and also broke the neckline of head and shoulder pattern based on technical analysis we can see downtrend target of 6000 to 6190.
In conclusion on fundemental basis we might see some profit in future but on technical basis no hope is seen.
