MARUTI
MARUTI ::: SHORT09 MAY 2020
INSTRUMENT: MARUTI
TIME FRAME: WEEKLY
OTHER TIME FRAMES FOR CONFIRMATION:
2 HOUR, 3 HOUR, 4 HOUR, DAY, WEEK & MONTH
INDICATORS AND THEIR TRENDS:
PSAR: Bearish
STOCHASTICS: Bearish
SUGGESTED TREND: Bearish
Technical levels
CMP: 4654.15
Sell below: 4646
SL: 4669
TARGET 01: 4619
TARGET 02: 4593
My analysis of MARUTI is expected to continue its downtrend for some time now. On weekly timeframe Stochastic has just become bearish. Whereas in the day time frame it is clearly bearish.
RISK DISCLOSURE:
Technical analysis of FOREX and INDIAN MARKETS. We are not SEBI REGISTERED ANALYSTS the views expressed here are for our record purposes only. Please consult your personal financial advisor before investing. We are in no way responsible for your profits/losses what so ever.
Maruti Suzuki : Buy Only above 5100hello, let's talk about cars,
Buy Maruti Only above 5100 only if buy trigger then recommended stop-loss is 4980
target 5220-5400-5650
Those who are doing trading And likely to trade TCS then they can Short it, For toward target 1745 - 1600
Genuine if you like my ideas then please like it, I need your support.
Thanks
Thanks
Another Triangle is ENDING!!!!!!Hey guys, YOu can see that a short triangle is coming to its end in 1H candle chart. So, it is strongly advised to wait tomorrow after opening bell for atleast 2 hours as, prices may be open at a low price or will go down if opened high. Then, we can enter into buy or sell position because a large candle is expected to be formed i.e triangle breakout.
If prices go up buy at 6850 and TP at 6910-6920. If go down sell at 6630 and TP at 6550-6540.