Maruti breakout at support levelGood swing trading opportunity in Maruti. Good breakout near support level with good volumes.
MARUTI trade ideas
MARUTI LONG BREAKOUT TREND LINE BREAKOUT AND PATTERN BREAKOUT WITH RISING VOLUME .
WE CAN GO FOR LONG FROM CURRENT MARKET PRICE OR SAFERS ENTRY.
Maruti : GO long from supportFor Education purpose only
Maruti
Good to add till 6478-6794
Target- 7328-7852
SL- 6269
Dtd 9th May 2021
Maruti Suzuki - Breakout candidate.Maruti has been testing this trendline since a long time and it is near to its breakout area.
If we get a breakout with good volumes in coming days, one can buy with a S.L. of 6500 on daily closing basis with target of 7200/7400 in near term if market supports.
MARUTI SUZUKI IND inverted Head and shoulders pattern Viewpls . Wait for volume and pattern completion seen during @8490 formation.
Maruti Bullish inverted Head and shoulders pattern View
Tgt : 12000
Levels mentioned on chart & Given targets seems achievable.
Plan your trade accordingly
#BULLISHENGULFINGPATTERN in MARUTISUZUthere is a formation of bullish engulfing pattern in Maruti Suzuki on the weekly time frame if auto sector gets some boom it will definitely gonna reverse from its support we need to continuously check the auto sector performance made vulnerable because of CORONA and keep an eye at MARUTI SUZUKI and if it shows some correction then 50MA gonna cross 200MA which would give Golden-CrossOver then it is must-have position stock for swing trade but for now, volumes are not satisfactory for having any long position lets wait for few more weeks
MARUTI_SWING OPPORTUNITYMaruti is currently trading near the support zone and has formed a double bottom pattern.
This can give a good return if it starts moving upside.
(for educational purpose only)
Maruti rocket50 percent cars in India are manufactured by Maruti . buy now and hold tight till October for last tgts
Maruti Long Seems after good consolidation with double bottom stocking is inching up. Expecting further up move.
MARUTI is a pattern BUYEntire auto sector is seeing an UPTICK. TAMO, even after having a negative news is still bullish for the day.
Good pick, for a quick bounce (SHORT TERM) could be MARUTI.
Sl is closing basis
Trade setup is mentioned on chart, active after getting a Breakout closing.
Maruti - Wedge pattern breakoutNote: This is for educational purpose only. Please do not trade in F&O based on this analysis.
There seems to be a wedge pattern breakout in Maruti. Similar breakout is seen in RSI as well. RSI nearing neutral - bullish zone of 50.
SL: 6250₹
short term view on marutimaruti make triangle pattern if it break this registance it gives big move tgs7000-7500 downside sport zone
LONG IN MARUTI IF LOW OF 6482 DOESN'T BREAK IN NEXT SESSIONS THEN BUY ABOVE 6581 FOR TARGET OF 6921.
YOU CAN TRAIL SL/TARGET AS PER PERSONAL RISK MANAGEMENT.
