MARUTI SUZUKI INDIA LTD 1HRCONFLUENCE OF DAILY , 4HR & 1HR Bullish ZONES
WITH Break of Trend line
BUY
MARUTI trade ideas
MARUTI SUZUKI INDIA LTD 15MIN Bullish Deep Crab for scalping
Vertical dotted line is Bottom Reversal -it’s a two bar Sign Of Strength.
First bar is widespread down bar closing on or off the low with high volume or low volume
Second bar is widespread up bar closing on oroff the high on higher or lower volume than the first bar
AS second bar close & high are higher than the first bar high and volume on second bar is higher than the first bar volume, it shows effort to rise is successful It shows immediate strength --Effort vs Result & can be traded immediately on first
No Supply or Test.
Buy
MARUTI SUZUKI INDIA LTD 30MIN Bullish Deep Crab
VERTICAL DOTTED LINE is Ultra high volume down bar
Higher volume-Professionals are buying into the public selling
SET UP BECOMES VALID ONLY when Price on breaking of ULTRA HIGH VOLUME Candle HIGH (last vertical candle line )with NO SUPPLY i.e place for BUY
Potential Buy
MARUTI SUZUKI INDIA LTD 4HRDaily & 4HR Bullish BAT ZONES strong potential reversal level
VERTICAL DOTTED LINE is Ultra high volume down bar Higher volume-Professionals are buying into the public selling
With Break of Trend line with RSI ABOVE 30
BUY
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.
MARUTI - TRENDLINE SUPPORT to BREAKOUT with RISK:REWARD=1:10MARUTI Looks overall bullish and following the trendline perfectly.
MARUTI is holding the above trendline from May 2021. Today, it retouched the trendline and bounced back hard.
Above 7350, It can reach to 7650 quickly and easily.
The risk level is 7150.
One can enter the trade today at 7190 with Target= 7650 and Stop Loss= 7150 for almost 400 points with risk of 40 points. Risk/Reward ratio = 1:10 i.e., If you can risk one lakh rupees, there is high chance you may get 10 lakh rupees.
My personal Trade:
Entered MARUTI JUL 7400 calls at 27.00
For safe traders,
MARUTI AUG 7400 calls as swing trade.
DISCLAIMER: ALL POSTS ARE EDUCATIONAL PURPOSES.WE ARE NOT RESPONSIBLE FOR UR PROFIT/LOSS
MARUTI - POSSIBILITY OF TREND REVERSAL!!Took support of 50 SMMA & demand zone simultaneously.
Good chances of a reversal here.
Maruti ..bullish ..tgt7900Maruti is forming dead man hanging pattern with consoliation range 7200-72300.. a bullish pattern can be seen
delivery 1week average 3lac out of 6l
result q1 2021 approx 28th july
divident declaration 4 august
sales figure might not be impressive but better than last q1 2020.
Future prospect is good
channel formationWe can use the channel lines as support and resistance or short term trade positions
Mirror effect/pattern in Maruti SuzukiThe chart is self descriptive. Entry and target points are mentioned. Enter only when the stock price follows the designated path and finds support at the price marked as entry point.
Trade at your own risk.
Do let me know your views.
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
.
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 SHORTMARUTI BEARISH DIVERGEN
We are not Investment Advisor, All calls are for educational purpose and for paper trading. We do not have any access to any non-public information about any company. We are not giving an Financial advice for investment & trading.
