MARUTI trade ideas
Maruti (NSE) - Elliott wave analysis Welcome guys,
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MARUTI (NSE) - It has completed either 3rd of impulse up or ABC zigzag from major low in 4 hr time frame. Now it is correcting down, where A wave was impulse down and B is in ABC zigzag, which might be finished. But wait for confirmation to get in to sell trade set up. Stay bearish below 6673 once the price confirm the down cycle.
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Maruti good shorting candidateMaruti spot cmp 7150
Bearish bat pattern formation
PRZ range 7150 to 7230
view gets negated above 7350 on closing basis
down side 6900-6700-6500 possible
MARUTI SUZUKI IND Daily BEARISH BAT
price need to follow Green Trend line & hit target
If price Breaks Red Trend line is where EXIT before SL hits
POTENTIAL SELL
Bullish Cypher MarutiMaruti has shown excellent rally, last few trading sessions Maruti is showing correction. There is some more room for correction. "How to Trade" Once Maruti share approaches the PRZ area, wait for reversal sign in 15 min candle. Then Go long with given Stop Loss. Use a trailing Stop Loss so that your profit is secured.
There will be More coming.
MARUTI SUZUKI INDIA LTD Daily Bearish BAT ...
Ultra high volume up bars - trap of Smart Money. Professionals are selling into the public buying – Higher volume.
Spreads are getting Narrow .SET UP BECOMES VALID ONLY when RSI is below 70 and IF Price breaks ULTRA HIGH VOLUME Candle LOW with LOW VOLUMES & with NO DEMAND l.e place for short
Potential SELL
Maruti - Short Term Buy - 07 Sep 2020As market has opened up and vehicle purchase has increased month on month from its regular lows. People with high risk appetite can enter @7414 others wait for the price movement above 7880 and post which if we get confirmation we can have a target 1 @8522 and 2nd Target @ 9450.
As always please do your own research before even planing to invest.
Maruti good shorting candidateMaruti spot cmp 7080
15 mins time frame
Bearish bat pattern formation
PRZ :- 7115 to 7145
Pattern gets violated above 7165 levels
down side 7030-6990-6940-6900-6860 possible
Bearish Bat in Maruti Daily time frame.Hello,
Bearish Bat in NSE:MARUTI Daily time frame.
Note: This chart is only for reference and study purpose.
Maruti Suzuki India-15 Min TimeframePeriod: 08/05/2007 to 18/08/2020
No. of Points: 19,871.
No. of Trades: 182.
% Profitable: 68.68 %.
Profit Factor: 3.348
Points per trades: 109.18
No. of lots: 2 (1 lot is partially booked after 150 points which can be customized and remaining 1 lot is in trade until the trend is reversed).
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