kind of descending triangle pattern breakout u can say AND also POSITIVE DIVERGENCE on RSI can be seen. can go positional long at CMP or if you're a breakout trader can wait for the range breakout and confirmation of the daily candle closing above 6709.00 level with a strict stop-loss of 6400(on closing below basis), all the horizontal lines u see on chart can...
Auto Sector has been in downtrend from its high of 11000, however it has taken some pause at resistance turned support levels around 9400. If Nifty Auto Index moves further up to 10,000 level, reversal in sector trend may be confirmed. We see RSI bullish divergence on daily charts. Daily RSI is also above 50. Go Long on Maruti Suzuki above 6950 as it breaks...
Maruti in uptrend but currently arriving at strong resistance zone (7200). Auto sector in general bullish. So have to wait and watch tomorrow for current levels and then take trade.
MARUTI EQUITY levels ...02/06/2021 (D candle)
CMP: 6965, T: 7053, SL: 6939 Study: 1. Stock bounces back from hourly support with bullish engulfing candle stick pattern. 2. Short term trend line breakout
Maruti Bullish Shark Pattern achieved Pattern Invalidated Below 6250 Long on hourly Closing above 6550 Tgt 1 : 7130 Tgt 2 : 7360 Tgt 4 : 7590
Maruti has touched it's old support and is going to change its trend...hold on
Hello traders, MARUTI Suzuki is getting ready for the 7000 rocket launch! Just in a matter of 3 to 4 trading weeks. Positive news over Maruti in the auto industry gives a better push to reach the expected level (7300) Equity buyers can buy at the current level at wait for another 2 weeks or beautiful results! For F&O is a new month for you guys! So,...
Maruti driving itself towards 7250-7300 which is strong resistance. Crossing this u will big target upside. This time its Petrol(Volume) is full.
Hi Friends and Traders, All levels are marked on the chart. Reiterating that entry should be on closing basis in 1H chart only. Good Consolidation Good Retracement Breakout from Descending Trendline Good Build Up Small Stop LOSS Great Risk To Rewards Enjoy.. Comment if you have Traded !!
Hi Friends and Fellow Traders #DONOTMISS #MARUTI Broken out from the Daily Downtrend (+ Sign) Price has been beautifully Consolidating over Hourly 200EMA Following a Good Trendline in Hourly TF Successfully closed above 6800-6850 resistance level (after testing for 4 times) Same Level may act as support to propel the stock further Today took slight...