MARUTI trade ideas
Maruthi - ascending Triangle BreakoutAwaiting Triangular breakout
Buy open above Horizontal trend line.
Good body of candle should be above line.
Small tail, if possible.
Then it would be bullish.
Targets could be 7230 7400 7550 7750.
Then probably you can wait for 9000+
Target 7232 (Pivot)
All indicators except volume are Positive
Once break out happens be patient for a good 6 to 12 months for the upper target.
Volume below Avg
EMA 21 could be used as a Stop loss for the move.
Double top was made in 2018 June to August
MARUTI ::: SHORTDATE: 10 AUG 2020
INSTRUMENT: MARUTI
TIME FRAME: DAY
REASON FOR SELECTING STOCK?
1. ONE OF THE TO LOSERS IN NSE.
2. COMPLETED 5 WAVES IN DAY TIME FRAME.
PRICE ACTION:
CMP: 6608.90
SHORT BELOW: 6573
STOP LOSS: 6671
TARGET: 6230
RISK DISCLOSURE:
Technical analysis of FOREX and INDIAN MARKETS. We are not SEBI REGISTERED ANALYSTS The views expressed here are for our record purposes only. Please consult your personal financial advisor before investing. We are in no way responsible for your profits/losses what so ever.
R-0136 MARUTI HAS CHANGED ITS GEAR TO 5TH GO LONGShort Term Stock Option Buy MARUTI AUG CE 6600.00 @153-155 SL 82 TGT 280
Beautiful chart pattern TK cross over + MACD followed by above VWAP so we assume if it holds above VWAP it may lead the market.
Bullish Trend in MARUTIA Maruti has increasing volume and sustained move from last week if closes above 6820. In future couple of trading sessions 7200 can be seen as per analysis
Maruti suzukiHello !! Maruti Suzuki, one of my favorite stock it is in the neutral stage at the moment some signals looks like buying and others giving sell signals. so trade with proper knowledge only it will be a bit risky to trade with it for now...... preferably buy signal #my_view #learner
Maruti Trade SetupPrice holding Trend line good growth sign
Long Below 6090 Hold
Stop : 5600
Target : 6200 , 6500 , 7000
Maruti short around 6700 (short term)Maruti short around 6700 sl and reward depicted (wait) for rejection from top.
marutiMaruti is on the short covering so can go up a bit but let's see it's on a support if it breaks can be seen a breakdown, but if not then chances for upward and can breakout and give 8k. #my_opinion
MARUTI GO LONG WITH SWING TRADE TGT 6400-6500IT FOLLOWS TREND LINE ,AFTER THE CORRECTION. 1ST TGT 6400
Maruti good short candidateBearish wolf wave formation on daily time frame,, safe players wait for breakdown of rising wedge to go short,, risky players can short at cmp pre assuming that wedge will break and counter will follow path of bearish wolf wave,,
view gets negated on closing above recent highs,,
down side 10-15-20% fall possible,,,
