MARUTI trade ideas
PROMISING WEDGE PATTERN IN MARUTI FOR 7500 AND MOREPROMISING WEDGE PATTERN IN MARUTI FOR 7500 AND MORE
Looking Bullish Good For Buy Above 6990MARUTI following parallel Channel Support as Looking Bullish can go for buy above 6990 Target 7050 -7100
Maruti is on strong resistance levelMaruti is on strong resistance level of 7240 if break with good volume then can give good move in upside to 7300- 7400
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.
