MarutiSince the auto sector is doing good, most of the auto ancillary stocks along with Auto stocks have given a BO
Maruti which already gave a BO last month, holds supports from 2/1 gann angle showing more bullishness
MARUTI trade ideas
Maruti Suzuki AnalysisWe see a strong Resistance Zone on a monthly chart frame. Let 10,042 break on a weekly chart with decent volume. Next resistance/target would be 12,000.
Disclaimer :- I am not a SEBI Reg, Analayst. Please do your own analysis before trading/investing.
Maruti is at a crucial zone.The chart is pretty self-explanatory. Now all that matters is if the price holds above the zone. if it does we may see good momentum.
DISCLAIMER:
THIS IDEA IS MERELY FOR EDUCATIONAL AND CASE STUDY PURPOSES. THIS IS NO ADVICE. DO NOT INVEST BEFORE CONSULTING YOUR FINANCIAL ADVISOR.
MARUTI WILL SEE GOOD TIMES IN THE COMING WEEKS
Maruti has formed a nice double bottom pattern in the weekly chart
The pattern has also broken out of the neckline recently with gap-up indicating strong upmove potential ahead
Also RSI is in the overbought zone indicating the upwards momentum is very strong for this stock
Hence it is a good time to buy the stock before it rallies
Maruti is perfect candidate for Shorting
Maruti is perfect candidate for Shorting. Should give at least 5% on the downside in next couple of weeks
MARUTI - Weekly AnalysisIn the Weekly Chart of MARUTI ,
we can see that; it is at very crucial level of 9750-9800 and has again got rejection.
lets see if it can make or break the Trendline.
MARUTINSE:MARUTI
One Can Enter Now ! Or Wait for Retest of the Trendline (BO) Or wait For better R:R ratio
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
Maruti Suzuki forming cup pattern The auto sector in the last trading session is showing good momentum. The daily, weekly & monthly RSI are above 60 and showing a strong momentum. Most of auto makers have posted good Q4 results. In this sector Eicher Motors & Maruti is showing good strength.
Maruti Suzuki is one of the out performers in this sector with a strong momentum as RSI in daily, weekly & monthly are above 60. In weekly chart there is a 'W' Pattern.
Maruti Suzuki NSE:MARUTI
Decisive
A shortage of electric components impacted the company’s April production as per company reports.
Short on monthly timeframe.
Never trade a short without a stoploss.
*Not a financial advice to buy or sell. Only speculations.
My charts speaks louder than words.
I'm a chartist and I paint charts.
Q4 Result Analysis Q4 Result is good but not as per street expectation thats why todays closing nearly flat . I will prefer to go long near 7300 (Multiyear support )
MARUTI Positional Buy IdeaAs per my analysis NSE:MARUTI has indicated a strong reversal signal. My view is to take buy entry if any chance price come to level of 8550.00 with stop loss of 8380 (-170 points risk).
My expected upside target will be 8900 & 8990.00. This could be low risk and high reward trade.
Note: This is my personal analysis, only to learn stock market behavior. Thanks.
maruti maruti forming perfect W on weekly tf looks good with sl of 8100 weekly closing basis trgt upto full w
MARUTI - Weekly AnalysisIn the Weekly Chart of MARUTI ,
we can see that, It has broken the TrendLine.
We will see a pullback and downtrend will continue till next support.
MARUTI: Rangebound?Folks,
Maruti is hovering in a range b/w 8k to 9k
A fresh breakout or breakdown is only possible beyond these ranges.
All the best!
Maruti taken a pauseOn daily time frame maruti is taking support number of times now today high breaks we go for long or today's low broke we may go for short ,today's closing is important
MARUTI (SUZUKI) - Elliott Wave ViewThe stock seems to have completed a 5 wave structure (expanded) and could start its correction phase ahead. The idea is based on the Elliott Wave Theory.
Maruti Today I 1st time share Chart so plz just watch this I'm not suggesting to buy. Inside bar patterns created if braek mentioned level than go up side.
Maruti can be accumulated in cashNifty auto index is stong
has sustain this week gap up and weekly gap up are imprtant
preempting : maruti has fallen from upside channel high and has taken support on fibonacci 61.8% level which is very important
now on weekly basis formed bullish candle and now if weekly close is double doji then its good signal to go long in cash
confirmation above 8529 weekly close basis
sl 8230 weekly closing basis
target 1) 8712
target 2) 9122
market are volatile
buy right sit tight
keep position sizing in check
Maruti hourly breakout formation.#Maruti hourly chart with the formation of breakout. After the range broken good move possible wither downside or upside.
MARUTI - NSECompany website - www.marutisuzuki.com
49 % market share in Indian automotive market ( passenger ), slowly venturing into commercial also.
1800cr invested for future EV ready battery projects.
Roll out of EV charging infra by 2023 leading to mass acceptance.
Currently only 3 electric models in India across brands, charging times are high, avg range is less than 300km, not enough chargers on road, so still needs refining.
We have ICE engines for last 80 years, and still perfecting them , so EV have time, by 2025 expect disruption.
No debt, huge land bank, best service centre presence pan India.
When it comes to cars, a Maruti Suzuki never lets down ( Japanese tech )
Covid and semiconductor shortage hit auto markets worldwide, the share was muted. As economy reopens, things get back on track, share prices appreciates.
A must have in portfolio. BUY
maruti suzuki short setup stock now continue to bear flag patter we accept as short term trading rang
