MARUTI respecting trend lineNSE:MARUTI is still respecting trend line. Until it does not break trend line, it won't come down.
MARUTI trade ideas
Maruti - Elliott wave analysis # complete cycleCorrection was completed and next up-move has begun already.
Target : 10000
Invalidate level : 7144
Day TF
Maruti getting ready for 8000 & 9000++If Maruti close above 7400 than its run starts for 8000 and 9000+
Keep a stop loss in range of 7100-7150...
Its for educational purpose only and not a recommendation....
LONG with SL of 7270 for 200 points up side Inverse Head & shoulder pattern on daily time frame and again re testing the neck line so probability of going up is very high , Low stop loss and good handsome return possible.
Maruti - Positional Trade AugustMaruti is ready to go upside as Auto sector started to show some improvements.
Anyway we have to wait till the proper breakout and a retest at 7290 levels. So wait till the immediate resistance to get broken and enjoy the ride.
Disclaimer: Kindly do your own analysis before taking any trade. This view is for educational purposes only.
Maruti Suzuki Ind - Fib Retracement NSE:MARUTI
Maruti Suzuki Ind - Daily TF / Support at Fib Retracement- 0.618 / Good to go Long @ CMP / Currently taking support at uptrend line
Inverse Head and Shoulder Pattern is correct?Can anyone please suggest me that the drawn inverse Head and Shoulder pattern is correct? If correct then why it did not move upwards? If wrong can you educate me what pattern is that? Thanks in advance
Maruti PRICE LIKELY TO GO UP AS IT TOUCHED THE SUPPORTThe price touched the support line two times. Its likely to go up.
Maruti Breakout Retest - 20.07.2021Daily TF: Making higher high higher low. Formed strong base around Rs 6400/- levels.
MARUTI took perfect support on the trend line.NSE:MARUTI had been taking support on a trend line for the last 2 trading sessions. RSI is giving reversal signs. If it breaks the trend line then it might crack till 7000 and 6950 levels.
MARUTIPrice @ its 200 Daily Moving average.
A bullish Harami pattern formation.
Trend reversal near the trend line.
maruti at supportone can go long at these level with the target of 7540 with the minimum stop of 7140.
stock is trading at the support level and looking for the end of 4th wave.5th wave on upside could touch the levels of 7680.
Maruti - Long Position Maruti is at important support level || at 60% Fib retracement level
Shall go Long after a trendline BO and a minor retracement later ..
MARUTI_AT CORRECTED PRICEMaruti looks good on chart to go long provided there should be goof candlestick formation with volume confirmation.
(for educational purpose only)
