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Marutisuzuki

MARUTI - Price Action Analysis Weekly TFThe bull run of NSE:MARUTI has reached at the same levels where it was rejected earlier in Jan 2018. The same we can get using bearish harmonic shark pattern with level of .887 at the price of 9400 in weekly TF. So we can calculate Supply zone in-between the range of 9400- 9700. There will be higher chance of correction from here. BUY : Buying opportunity only comes either price will give breakout above 9700 and sustain with good momentum and volume. then next target will be 10500 which derived from the harmonic level of 1.131 SELL : Short opportunity only comes if price will start making LH-LL in daily TF with rejection confirmation candle that leads price again with level of 7700-8000 . So who carried from the long time can start to book their profit and new buyer and seller can wait for the either side of the confirmation. My view still at the bearish side because Auto sector has already given a good rally and now compare to negative global cues and all, some correction may happen over here. so do accordingly. If you have other opinion, please share your comment below and like & follow for upcoming great analysis. Safe Trading ;)
NSE:MARUTIShort
by vraj8597
2
MARUTI on UPTREND ++ Positive Results ++ Volume & OI GainingScript: MARUTI Nifty50 Stock: YES Sector: AUTO Results: Published on 27th July. Very Positive Result. Q1 EBITDA RUPEES 19B VS 8.21B (YOY). Q1 NET Profit Rupees 10.1B vs 4.4B(YOY). Profit more than doubles, revenue hits 51% higher NOTE: Ignore parallel channel! :-) MARUTI has posted a good Q1 result which should trigger breakout. It's started showing strength and gaining momentum now! As per OI, 9000 is a major resistance for July & Aug expiry. Call writing been seen at 8800 & 8700 for Aug. 8500 is a major support now for this and next expiry. It seems though that a number of call writers are stuck at 8600! If it sustains at this range (8650 or above) or crosses 8700 then we could see decent short covering rally soon. It's above 50 & 200 EMA (there was a decent bounce from 200 EMA). As per chart, strong Breakout could be seen above 9000 And sustaining above 9000-9100 will open up higher levels. ie 9500, 9700 & 10000. Supply Zone will be 8300-8380 on a lower side- Will be buying opportunity! 1st entry should only be above 8700 and 2nd should be above 9000 (on re-test). CAUTION - TIP of the DAY : For F&O..It's better to enter in long when RSI is above 60 or enter in short when it's below 40. Also keep an eye on OI (open interest) and Volume. Higher is better. If there is not much volume or OI keeps decreasing then better to stay away and wait for them to go up before entering. FYI- For indexes, probability will be higher if you enter when RSI is above 60 or below 40, volume above 50k(for Nifty) or 125 (for Bank Nifty) and OI is at or above 2M. FYI - MARUTI's RSI is about to cross 60 on daily chart. OI decreased significantly for July (due to call writers covering their positions) and increased (due to longs been added heavily for Aug expiry). I can see huge volume for both expiries in last one hour of closing (on 27th July), expecting to gap up or keep moving higher up from 29th July. Next on a list is TATA MOTORS - also looking good! *** For F&O - Always hedge your position or keep SL in the system *** Play Safe! Protect your Capital! ***
NSE:MARUTILong
by UnknownUnicorn24770148
1
Be ready for BBBIIIIIGGGGGGGG TTTARRGETBe ready for big target in Maruti Eliot wave analysis is done. If we consider the 2nd wave is completed then be ready for 3rd wave which is the longest in wave analysis. Be ready for big target in Maruti Eliot wave analysis is done. If we consider the 2nd wave is completed then be ready for 3rd wave which is the longest in wave analysis. Be ready for big target in Maruti Eliot wave analysis is done. If we consider the 2nd wave is completed then be ready for 3rd wave which is the longest in wave analysis. Be ready for big target in Maruti Eliot wave analysis is done. If we consider the 2nd wave is completed then be ready for 3rd wave which is the longest in wave analysis. Be ready for big target in Maruti Eliot wave analysis is done. If we consider the 2nd wave is completed then be ready for 3rd wave which is the longest in wave analysis. Be ready for big target in Maruti Eliot wave analysis is done. If we consider the 2nd wave is completed then be ready for 3rd wave which is the longest in wave analysis.
NSE:MARUTILong
by Hardikjethwa
MARUTI - Price Action Analysis NSE:MARUTI is Showing Bullish Multi month Breakout and Harmonic Butterfly pattern with target 8500 -9200 . Although it might be consolidate at the range of 7650-7800 if It break the level of 7800 and sustain above higher chance the momentum will come and the Harmonic Pattern will activates and you will see T1 and T2 as well. Suppose it will not sustain and break the below level 7650 you might take chance of short as well. Note : Depend on Overall Market behavior and risk apatite you can take chance for favorable risk and reward.
NSE:MARUTILong
by vraj8597
MARUTI SYMMETRICAL PATTERNHello Welcome to this analysis about MARUTI , we are looking at daily timeframe perspectives. MARUTI in recent times heavily decreased with bearishness however it now moved into an oversold condition. MARUTI is developing here that will be a decisive factor in the upcoming times. I discovered the main formation MARUTI is developing here that will be a decisive factor in the upcoming times. As when looking at my chart now we can watch there how MARUTI has emerged with this key MARUTI SYMMETRICAL PATTERN marked in my chart with the black boundaries. MARUTI is near support region which is an important support and also psychological support-mark together with the lower-boundary of the MARUTI SYMMETRICAL PATTERN a pullback In this manner, thank you for watching my update-analysis about MARUTI and its major MARUTI SYMMETRICAL PATTERN with the determining factors we need to consider in upcoming times, support the analysis with a like and follow or comment for more market insight!
NSE:MARUTILong
by shanechart
Shift from Maruti to Tata Motors# on 28th July 2021, poor result with just 5% margin. Almost 3-4 year low margin # volume sustaining based on low price of products. It seems the rise in price will lead to further loss in market share. # small cars sales affected due to slowdown in rural economy and it's SUV market share is low # on 29th July very strong day for Nifty which was up 100 points while the stock is down > 2% . Distribution going on. Tata Motors up strongly 3% which suggest the beginning of portfolio shift towards tata motors and away from maruti. # huge speculative component of over 1 lakh crores which gives ample room for correction in stock price. # lack of electric vehicle and even diesel portfolio is expected to hurt the company further. # The stock seems to be heading towards 6400 in next few days. # Tata Motors seems to be firing from all cyliders. Massive investments of last 4 years is expected to bear fruit in next 2-3 years.
NSE:MARUTIShort
by agrwal_amit