MARUTI trade ideas
MARUTI might stuck in 7550-7700 range for a whileIf NSE:MARUTI crosses 7700 levels decisively then it can rally towards 7800-7850 soon. But seems like it can spend sometime over in 7550-7700 range.
MARUTI touched almost 7700 and profit booking cameToday NSE:MARUTI showed some bounce in the morning and but since then there we can see profit booking continuously. It has a long way to go though. I will post details in day timeframe.
FOR A SHORT TERM MARUTI LOOKING BULLISH.THIS IS SWING TRADING SETUP HENCE BOOK YOUR PROFIT AS PER YOUR KNOWLEDGE.
Maruti SuzukiPrice at Crucial Support.
Buy Level : 7406
T1 - 7900
T2 - 8300
Please provide your valuable feedback.
MARUTI IS FACING RESISTANCE LEVEL.RSI INDICATING OVER BOUGHT SITUATION . SOME CORRECTION IS POSSIBLE.
Maruti is on buyAfter a strong breakout from the H&S pattern, it is now testing the neckline a perfect pullback to enter again
maruthi go longgood volume breakout
retesting to breakout level 7300
Inverted head and shoulder pattern
target aroud 8000++
Some profit booking seen in MarutiSome profit booking is seen in NSE:MARUTI . But there is some up move left. It might start rallying towards 7800 tomorrow. Price is still above 20 DEMA.
#MARUTI Inverted Head and shoulders pattern NSE: MARUTI
Maruti seems to be super bullish. We have both an inverted Head and shoulders pattern as well as a round bottom pattern. A breakout may give us a very clear bullish movement. Don't miss out on this train
Educational purpose only - trade at your own risk.
Good luck.
Weekly Bullish reversal Cup with Handle pattern on MarutiMaruti is on the verge of breaking Cup with handle reversal pattern on Weekly chart. Monthly and Weekly rsi also showing strength approaching 60 with increasing volumes.
Please note this is just a educational information and not any buy or sell call.
Maruti , LongMaruti Suzuki is showing bullishness as after forming Inverted HnS Pattern it had given Breakout and good move upside. We can see it in UP Trend in comings day but before going up Side it will give a small Correction . So those who have it from Lower levels can trail it and anyone want to make new position Can make it around 7400.
Elliott waves - Maruti Explained in the chart as a positional trade. I have not given any SL's or targets . Regards
