Maruti LongMaruti Long has been generated, one can by it @ 8864 keep stop loss off 8711, 1st target is 8937 ,2nd target is 9127.... buy own your own risk....
MARUTI
Maruti Is Almost Out Of Fuel For Further UpsideMaruti Suzuki India Ltd (NSE: MARUTI) is about to get into a Bearish Move as per TTC Breakout Formation . The Critical Make-Or-Break Zone is at around 8115 . If it penetrates decisively below this zone on a one-hour closing basis, then we might see the sellers dominating the market.
For Short-term targets, traders should eye on 7935 Zone and then 7800 , being the next support level. For Swing Traders, 7475 Zone will be very critical. Below which we there could be a complete dominance of the sellers.
Maruti Suzuki India Limited, formerly known as Maruti Udyog Limited, is an automobile manufacturer in India. It is a 56.21%-owned subsidiary of Japanese automobile and motorcycle manufacturer Suzuki Motor Corporation.
MARUTI BuyMARUTI just broke above the consolidation upper range.
It should have a clean run till 8500. About 3% upside from CMP
dont buy "MARUTI vitara BREEZA" , BUY "maruti"one can buy maruti for target of 8150 ++ levels in 2 weeks ...
MARUTI BuyMARUTI has been in sustained uptrend and any consolidation has been a great buying opportunity.
It has just finished a consolidation phase and looks set for another leg up.
The auto sector in general has witnessed some consolidation after a very strong trend.
APOLLOTYRE also looking very good for short term but MARUTI has lower volatility
$MARUTI gone mad hits major resistance$MARUTI gone mad hits major resistance. LT fib Ext 2.6 and parallel channels . calls for a spec short here
Maruti Made New HIGHS - Trending up (5200 Next)Today, it was totally a buyers show as it was in Bajaj Auto (attested below). Buyers actively took the prices up and above from previous resistance level of 5015 and now it shall move further up and reach to 5200 levels before the profit booking takes place. It is a good time to enter with stoploss at 4920.
LONG Maruti Breaks out to NEW HIGHSAfter a long rectangle consolidation, the buyers have taken control and made a new high in prices. I believe it shall go higher as a new wave.
Maruti - Doji with Bearish Divergence (Sell)I have observed three doji candlesticks, that denotes consolidation or distribution, where previous buyers book profit or distribute their shares. It is at the level of selling or resistance. I believe it is a good time to short it now at minimum risk size and also at this point where Nifty is also looking bearish.
Further 3 points noted:
1. Doji formation with bearish divergence
2. Shrinking of volume levels with increasing prices, signals trend change, for this one, a bearish signal.
3. Double Top with bearish divergence.
Above points make me think that it is a good sell, with a stoploss of 4238 (1.28%) and target of 3922 (6%)
MARUTI - LONG TERM is going to Go DOWNNNNMARUTI - LONG TERM is going to Go DOWNNNN - It should break the 3900 Mark
Short Term - Maruti will Go till 4250 - 4275 LevelsShort Term - Maruti will Go till 4250 - 4275 Levels. But Long Term it will for sure Fall
Maruti: Short Fundamentally Nothing Wrong !!
But Technically its overbought !!
Trading close to upper resistance trendline !!
MACD & RSI showing declining trend while stock is climbing up very slowly !!
Short With SL as Life High (4750) !!
Maruti - Wave Competition with Rising WedgeIt seems like maruti has steamed out with price action, where price is increasing but with low volume, showing weakness. I believe it has completed its 5 wave impulse move in its weekly chart.
In order to confirm the bearish trend reveral, I'm waiting for a break out from the ascending triangle or rising wedge to downward.
