Trend Line BrokenMaruthi broken trend line expect to retrace on trend line or reach 6800 breaking below expect target around 6250
lets see..
MARUTI trade ideas
Maruti channel patternKeep maruti in watchlist.
Trading in this parallel line channel.
Wait for bounce or breakdown and take position accordingly
MARUTI READY FOR ALL TIME HIGHMaruti Ready to Fly above its ATM.
Buy Above - 9100
Target 1- 9600+,9700+,9800+
#MARUTI Weekly Major Support & Resistance Levels.Providing Weekly Support and Resistance levels for next coming week based on Central Pivot Range and its major support & resistance levels of week, where price can take support and face resistance. Three black lines indicating weekly Central Pivot Range. Previous week high & low also performs as a major support and resistance levels. Can take long & short positions according to how price perfoms at particular given support & resistance levels.
Maruti Suzuki India Limited - Ascending Triangle Breakout📊 Script: MARUTI (MARUTI SUZUKI INDIA LIMITED)
📊 Nifty50 Stock: YES
📊 Sectoral Index: NIFTY AUTO / NIFTY500 / NIFTY
📊 Sector: Automobile and Auto Components
📊 Industry: Passenger Cars & Utility Vehicles
DAILY TIMEFRAME
Key highlights: 💡⚡
📈 Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it.
📈 MACD is giving crossover.
📈 Already Crossover in Double Moving Averages.
📈 Script is giving Ascending Triangle Breakout as mention is chart.
📈 Script is trading at resistance level which is around 9280, technically script is looking good for trade.
📈 Current RSI is around 66.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 9280
🟢 Target 🎯🏆 - 9733
⚠️ Stoploss ☠️🚫 - 9053
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
Maruti is in weekly resistance, Q2 results is very goodif the weekly close is above the weekly resistance then it is strong uptrend
MARUTI - The FalconMaruti consolidated for a month in range & today it broke out of the range with very good volumes, looks like it ll fly like falcon.
Could be bought with mentioned stoploss & targets.
Maruti - 8800-CE rocking Maruti - Rockinggg As per expected told u all Now whole india sayingg On tv
Today result & result are tooo good & that we allredy told before spikeee
Maruti - Rockinggg Marutiiii Told u all Our 8800 - Call Also Rocked & as per expected Marutiiiii Rockingggg
Long VIEW=BULLISH
GOOD momentum
strong breakout
BUY ABOVE 9300
sl=5%
Breaking all Time high
Auto industry showing strong
PLEASE FOLLOW FOR MORE
Maruti - Daily chart Maruti - daily chart looking good after consolidation , if all is well then rally possibal but own sup & sl must
educational purpose only
#MARUTI - 8800-CE looking good !maruti - 8800-ce Looking good on chart son breakout possibal but own sup & sl must
educational purpose only
MARUTI - Price Action Analysis Weekly TFThe bull run of NSE:MARUTI has reached at the same levels where it was rejected earlier in Jan 2018.
The same we can get using bearish harmonic shark pattern with level of .887 at the price of 9400 in weekly TF.
So we can calculate Supply zone in-between the range of 9400- 9700.
There will be higher chance of correction from here.
BUY : Buying opportunity only comes either price will give breakout above 9700 and sustain with good momentum and volume. then next target will be 10500 which derived from the harmonic level of 1.131
SELL : Short opportunity only comes if price will start making LH-LL in daily TF with rejection confirmation candle that leads price again with level of 7700-8000 .
So who carried from the long time can start to book their profit and new buyer and seller can wait for the either side of the confirmation.
My view still at the bearish side because Auto sector has already given a good rally and now compare to negative global cues and all, some correction may happen over here.
so do accordingly.
If you have other opinion, please share your comment below and like & follow for upcoming great analysis.
Safe Trading ;)
Largest car company in India - Maruti SuzukiBased on Market share and Turnover Maruti Suzuki is the largest car company in India with a market share of ~45%, nearly half of the cars sold in the country.
Some macro...
If India's economy continues to grow as predicted, by 2025 the Indian middle class will number 583 million people, or 41 percent of India's projected population,1 almost twice the current population of the United States (Columbia.edu).
India’s real GDP is projected to grow at 9% in both 2021-22 and 2022-23 and at 7.1% in 2023-24. This projects India as the fastest growing major economy in the world in all these three years.
Source: Ministry of Finance
India has the third-largest group of scientists and technicians in the world and the population of India is expected to rise from 121.1 cr to 152.2 cr during 2011-36 an increase of 25.7% in twenty five years.
Source: National Commission on Population, Ministry of Health & Family Welfare
Nifty 50 vs S&P 500:
Website:
www.marutisuzuki.com
This a long term hold
Cup pattern formationView -Bullish
Maruti suzuki can break its high of 18/12/17
Buy above 9600
sl=5%
Tsl=Atr based
Rsi>70
Adx rising
Maruti Sustaining above 9200 Cup & Handle BreakoutMaruti Sustaining above 9200 Cup & Handle Breakout
Target 11200
#Maruti#Maruti
Maruti CMP 8830
Support taken at trend line
Above 8825 can again retest 9000
Swing trade.
MARUTI LEVELS...D CANDLE 24.08.2022MARUTI now in forming bearish pattern and breaks neck line also, so expect down trend in short term and keep SL strictly
MARUTI failing to break above 9000Maruti failed to break 9000. If it fails to hold the trendline, we might see some freefall till 8000 and further beyond
