Divergence on Maruti Suzuki In Falling MarketExtremely High Risk Trade
Maruti Suzuki Auto Heavy Weigh In Nifty 50 And Sensex 30 Index Showing Divergence on stochastic Indicator
Inverse Head And Shoulder Formation On weekly Chart.
If Gaps up to traps the bear, Shortcovering can be seen in this counter.
Do u your own analysis before trading
Marutisuzuki
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.
A move down on the Daily.Nikkei is now continuing what seems to be the second half of the possible wave C. I am assuming that Nikkei is in a weekly 'Running Flat' pattern, where the C has already started. The last few days was the consolidation for the continuation to the down side. It looks highly likely that Nikkei will go down and make a lower low on the daily . Would it have an impact on NSE:MARUTI ? Well..
MARUTI SUZUKI IND : SHORT CALL Hi friends,
I have work on maruti suzuki 1D chart. We have a descending trendline here. It is declined the fourth time.
The stock may retrace more to touch the previous support line.
- Short : 8965
- sl : 9115
- Target : 8639
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
Always do your own research before entering the trade.
Thank you.
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.