MARUTI trade ideas
Maruti - Intraday Trade SetupMaruti CMP - 7981.50
Looking bearish in higher time frame. One can go for Intraday Trade setup with the following entry, exit & targets
Sell at or Below 7965 ONLY / Stop Loss 7988
Target 1 - 7955
Target 2 - 7948
Target 3 - 7930
Disclaimer: This is my view and for educational purpose only.
MARUTI - any chance to buy? 15m, 45m & 2 hours analysis.
All The Levels And Patterns Are Marked On Charts, Red Zone Denotes Supply Zone And Green Is For Demand Zone. .
In case the price breaks the lower trend line in 15 mins time frame, it can take support from 8087, if that gets broken 8035 will be the next support level.
Buy near 8035 for bullish targets.
The Indicator Used:
1) Daily Lines Plots Daily 20 (BLACK) & 50 EMA (GREY), BLUE (200 DAILY EMA ) On Lower Time Frame Charts. - Not Used Here.
2) TE-REKAB - Proprietary Indicator
KEYS:
PB : Pullback
Blue Candle: Selling Divergence
Yellow Candle: Buying Divergence
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The analysis is my POV, hope you got bucks in your pocket to consult a financial advisor before investing :P :)
HAPPY TRADING!!!
Maruti - Intraday / Swing Trade SetupMaruti CMP - 8014.90
Looking bullish and range breakout in higher time frame. One can go for Intraday / Swing Trade setup with the following entry, exit & targets
Buy ONLY 7990 - 7970 / Stop Loss 7950
Target 1 - 8150
Target 2 - 8240
Target 3 - 8350 / 8500
Disclaimer: This is my view and for educational purpose only.
Maruti - Is it Changing GearsMaruti - It has not remained for a long time below 60 RSI (Monthly) since 2014. Now again getting ready for a monthly RSI above 60!. I would rather wait for 400-500 Rs. more in Maruti and let it cross Monthly RSI above 60 and them jump in more confirmation.
DISCL - Not a SEBI Regitered. I post charts for my own study.
1HR and 15MIN candle Narrow down Keep in Radarthe trading is narrowing down for past 4 days, keep in your radar,
Trading at SM20 closer and above, a good volume build in 15MIn candle at this area and added Triangle trendline structure
#note this is for my learning to evaluate myself, maybe keep this in your radar, am doing Paper trade only
7500CE