MARUTI
MarutiMaruti
If wave 3 extends to 1.618 levels of wave 1, then the next level of Maruti is at 8465, next move above 7698 will confirms that next higher move or impulse has been started.
Elliot waves
Macd in daily positive
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Consult with your Financial advisor before trading or investing
Maruti - on Weekly Long It looks like it is at resistance area @7500 If it hold above 7500 for 3 days with volume then only it could see move till 8700.
or it will test 7200/7000 Which can be the best area to enter.
It is also formation investion head and shoulder . which could give 9000 target in year
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It is in Weekly up trend but this stock is underperforming Index in last 50 days.
july 1st week Autonumber are Expected to come MAruti Is been Underperforming in sales number.
Maruti Prediction (Weekly)Hi Traders,
Price Reach Previous Supply Zone
Expect Consolidation if Market Support to green
Some correction On 7362 Level then move to Up
Simple & best techniques for Trading called S&D Zone easy to understand for making Profitable Trade. Believe Price Action, has the potential to change your trading lives.
Thanks & regards
Sakthi
Any Query Comment
Maruti Suzuki on a long Run🤑🎯🏃🙆1• In my last week's analysis I had told that Maruti Suzuki is moving in a triangular shaped pattern, and if it breaks it there's no stopping it.
2• As I forecasted last week was great for Maruti Suzuki locking 2.5% profit on it .
3•. For those who have missed this entry have another entry shaping up nicely for the week ahead.
4• Be patient let the market show you confirmation and then enter the trade.
Have A great week ahead🎯🤑
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And comment below if any doubts.'
Maruti Suzuki moving in Triangle• As you can Maruti Suzuki is moving in a triangular pattern.
• If the pattern brokes up correctively the resistance of triangle then it's is a good opportunity for buy.
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*Also are you looking for a buy on Maruti Suzuki? Do tell in comment section your view.*
MARUTI : Head & Shoulder Trend Rejection.Positive Bais: Maruti has formed a clever Head & Shoulder pattern despite of that the current trend is in fast pace of Fib retracement of 0.38. I'm bullish for a long run if it susained above @6855 level.
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Points to be Note (Technical + Fundamental)
1. Head & Shoulder pattern formation.\
2. Anticipated rejection at level 7060 due to increased in sales.
3. Sales soars, Decreased in profits no issues why? Cash folow has been increased in investing activies, Reserves has been increased by impressive numbers.
4. Seconday trend retracment are not below 0.38 fib which indicates bullish secondary trend is in fast Higher-Highs.
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Le me know in comment section what's your views on this? NSE:MARUTI
MARUTI Maruti, Impulse Begins...!
All key levels are mentioned in chart with Stop-loss and Targets, Little Resistance near 6800
But Targets are More.
Corrective waves may be Completed and Impulse Begins...!
RSI BREAKOUT
FALLING WEDGE
RSI BULLISH DIVERGENCE
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing