Support and Resistance for MarutiPlease follow trendlines for resistance and support. Please do your own analysis before taking any trade.
MARUTI trade ideas
MARUTI - BUY signal and breakout MARUTI CMP- 6865, Reasons for buy:-
1. Weekly candle taken long term support as i have shown on chart.
2. 30 mins candle breakout happened with high volume and correction also done.
3. Same 1d candle breakout and taken support as shown.
4. buy maruti cmp 6865 even if it open above 6900 still u can buy and maintain a stop loss of 6700. Lets see what happen next.
MARUTI SUZUKI INDIA.MARUTI SUZUKI INDIA. Bull Trend Started so i am Expected more bullish movement.(Buy =6867) (Stop Loss =6693) (Multible Target= 6956, 7140, 7244, 7363, 7670, 8000)
Bulish engulfing pattern Analysis for Maruthi to go up sideBulish engulfing pattern identified at Day chart. So expecting price will go up for swing trading.
Maruti Falling Wedge BreakoutMaruti was bearish for almost a month creating a falling wedge pattern. Recently it gave breakout and creating a price action for long position. If maruti manages to close above 6875 then it is suitable for long position.
Maruti Breakout From channelWait for Maruti to sustain above this channel.. This channels acting as a barrier for Maruti Up move from very long....
MARUTI is getting support at 6700 levels and 6850 working as resNSE:MARUTI has been taking support at 6700 levels for the last 2 days and facing resistance around 6850 levels.
MAURTI showed buying from 6700 levelsAfter gap down opening in NSE:MARUTI , buying had been seen from 6700 levels.
Maruti......... will this move now ?Maruti trying to capture the bullish mark of Sep 2021...
Keep on radar....
trading levels marked...
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Maruti makes H&S pattern on daily chartMaruti makes head and shoulder pattern.
Just a study and no recommendation
MARUTI showed good reversal. 6850 working as resistanceNSE:MARUTI showed a reversal today but 6850 worked as a resistance. If it breaks this level decisively then it can show 6900. Volumes and RSI are also supporting.
Maruti Expected a trend reversal RSI strengthening , EMA crossing DMA , MACD Bullish crossover and Break of 1st resistance can strengthen Maruti price over short term and can lead to good uptrend. It is expected not guaranteed. All balls to be hit to have good gains . This is not a financial advice.
Maruti Ltd : Going down as I anticipatedBearish Head & Shoulder indicating downward trend.
There was already a bearish triangle pattern i found last week and now this bearish head and shoulder pattern is confirming down trend.
One can short Maruti for a target of ₹ 5800 with a stop loss of 6800
MARUTI SUZUKI -Opportunity for Swing.
1. Since we can see that the price is approaching its previous demand zone, There is an opportunity for going long.
2. CNX NIFTY is aligning with the overall demand zone with maruti.
3. Entry for long after trend reversal around 4H.
MARUTI SUZUKI BEARISHMaruti suzuki bearish Maruti suzuki bearishMaruti suzuki bearishMaruti suzuki bearishMaruti suzuki bearishMaruti suzuki bearishMaruti suzuki bearish
MARUTI is showing DOJI candle todayIn NSE:MARUTI , I can see DOJI candle today. RSI is somewhat showing signs of reversal. It can show 6500 levels and then start consolidating.
Maruti ReversalMultiple signals in Maruti excellent support and resistance with rsi rising slowly and head and shoulder pattern formation.
Expecting trend reversal at right shoulder
Maruti - buyBuy from 6530 to 6500
easy target 6710
tg2 - 6840
Disclaimer : This is my personal analysis for study purpose not intended for trading
Maruti Industries : Triangle PatternShort Maruti below ₹ 6810 for a target of ₹. 6650. Here mostly the stock look weak and so will go down hence i an advising for short position.
MARUTI is going towards 6500NSE:MARUTI is so weak and can show 6500 levels soon. RSI is in oversold zone. From 6500-6450 levels it can show some reversal.
