[Turtle] Sell Maruti 10800CE Sell Maruti 10800CE at 165
Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all.
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I use shorthands for my trades.
"Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.)
"Intraday" -means You must close this position at any cost by the end of the day.
"Theta" , "Bounce" , "3BB" or "Entropy" - My own systems.
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I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share.
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Like -
Always follow a stop loss.
In the case of Intraday trades, it is mostly the "Day's High".
In the case of Positional trades, it is mostly the previous swings.
I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives.
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MARUTI trade ideas
Pennant formation on Maruti Suzuki INDPennant pattern formation in Maruti Suzuki Ind chart pattern after reaching it 52-week level and it has taken pullbacks now the market is about to break the high level.
Go long if trend line breaks, first target can be 52-week level high ~10580.00 level
Happy Trading. Cheers:)
MARUTI Suzuki | PickMaruti Suzuki India Limited (MSIL), a subsidiary of Suzuki Motor Corporation, Japan, is India's largest passenger car maker. The Company was established in 1981. A joint venture agreement was signed between the Government of India and Suzuki Motor. Maruti Suzuki is credited with having ushered in the automobile revolution in the country. The Company is engaged in the business of manufacturing and sale of passenger vehicles in India.
Disclaimer : This analysis is solely for educational purposes and does not make me a SEBI registered analyst.
Maruti ready for retracement For all trade on my Auto Harmonic patterns indicator trade setup -
Risky trades can take trade after crossing 23.6% on either side and safe traders can take trade after 41% We can start buying when our Trailing SL hit at 23.6% with SL of recent low our Target will be 41%, 78.6% , 127.2% 161.8% and 223.6 % , when reversal pattern appears on chart we have to trail our SL if trailing SL hit exit from long trade and initiate sell trade ,
Chart of the week. Maruti Suzuki. 1/9/23.After multiple attempts, Maruti has given breakout this week above 10,000. Now the stock would trade in blue zone so there won't be a fixed upper limit. This is one of my favorite stock and I am recommending since 8100. Each Investor should have this Blue Chip in their portfolio. Some companies, such as Maruti , are fundamentally so well that it can be bought at any time and at any price. Breakout like these should not be missed and one should hold this stock for long term. I personally do not recommend stop loss for these companies but traders can keep following SL and initiate the trade.
CMP - 10331 (1/9/23)
T - 13600, 17300 W
SL - 9300 W
Maruti Suzuki Ltd*Maruti Suzuki Ltd*
C&H Formation on Yearly Basis.
Strong Price BreakOut & Sustained.
Strong Vol Consolidation & Continued BuiltUp.
Potential News of Stock Split!!!
Trail SL with Upside.
Book Profit as per Risk Appetite.
Do Your Own Research as well. This is an Opinion.
Happy Investing 😇
Looking for a small sellHello,
Maruti Suzuki India Limited is an Indian automobile manufacturer, based in New Delhi. Founded in 1981 and owned by the Government of India until 2003, when it was sold to the Japanese automaker Suzuki Motor Corporation.
The Company will launch its 1st Battery Electric
Vehicle by 2025.Also key to note is that The Company is increasing the use of solar power in manufacturing of vehicles as an ESG measure.
Total revenue is projected to improve by 22% in 2022 but by looking at the world economic environment, this might not be easily achieved. I will be looking for a buy on this company from the bottom.
The financial statement reads "If commodity prices remain elevated for a fairly long time during
the year due to global uncertainties, it might have an impact on the Company’s volumes and margins. While increase in crude oil prices may affect overall demand sentiment."
Good luck
# MARUTI SUZUKI INDMake ascending triangle chart pattern in 4 hour time fram also make Cup and handle pattern in same time frame take break out of swing high with high volume 100 EMA is below 50 EMA this is bullish Sign , MACD line and histogram saw fair value for bullish way , price is at 5 year high so first Target will be 11231.45 and stop loss will be 9318.95
This is for educational purpose not a trading advice so that's my view comment down your view 🤗
Maruti 30 Min Maruti 30 min brackout
Maruti 30 min timeframe brackout only follow trendline, resistance level break and next big big move few days so see this level and mark your chart
Resistacne Level = 9495-9520
Support level = 9337-9300
follow this level, This level Fibonacci 0.5 importent level resistacne