MARUTI trade ideas
maruti suzukiTrend-upwards
Indicators-20ema and 50 ema cross over (20 emA crosses 50 ema and going upward)
Support and resistance- going to touch their resistance level (soonly it will going upward 300 pips)
Holding period- 4-5 days
Maruti - Bottoming out1. Bullish engulfing candle forming
2. Bullish RSI Divergence
3. Elliot Wave wise Wave 3 starts
Good risk reward for longs.
Buy MarutiBuy, Sell, SL levels are as mentioned in the chart.
Reason for buying NSE:MARUTI
1. Positive RSI divergence on daily TF.
2. Broken falling wedge.
3. Good Risk/Reward.
MARUTI SUZUKI INDIA LTD 4HRBullish Bat
Price need to follow GREEN TREND LINE and hit Target 1 & 2 , else if Price BREAKS RED TREND LINE is EXIT
POTENTIAL BUY
MARUTI EW Wave with BAT PatternCorrection is almost done with BAT Pattern confirmation.
Possible tgts 7k and 7200
MARUTI SUZUKI INDIA LTD 1HRBullish bat
Price need to follow GREEN TREND LINE and hit Target 1 & 2 , else if Price BREAKS RED TREND LINE is EXIT
POTENTIAL BUY
Can we take a LONG ENTRY HERE ??Info already plotted with the Chart.
Information are meant for Educational Purposes only.
MARUTI SUZUKI INDIA LTD Daily Bullish Bat
Price need to follow GREEN TREND LINE and hit Target 1 & 2 , else if Price BREAKS RED TREND LINE is EXIT
POTENTIAL BUY
MARUTI Maruti, Impulse Begins...!
All key levels are mentioned in chart with Stop-loss and Targets, Little Resistance near 6800
But Targets are More.
Corrective waves may be Completed and Impulse Begins...!
RSI BREAKOUT
FALLING WEDGE
RSI BULLISH DIVERGENCE
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
MARUTI SUZUKI INDIA LTD WEEKLY Bullish Shark with Strong SUPPORT
Break of Trend line with RSI ABOVE 30
BUY
MarutiMaruti working in a range, attempted to break out many times, wait for a break out of may move in the range towards the lower line.
