Maruti Suzuki inverted S-H-SMaruti Suzuki has formed an inverted S-H-S pattern and ready rock post 18th Aug/ dividend correction.
MARUTI trade ideas
Weekly Bearish Reversal Shooting Star candle formed at resistanWeekly Bearish Reversal Shooting Star candle formed at resistance area.
MARUTI INTRADAY SHORT OPPORTUNITY!All details on chart.
Use proper capital management.
This is not an investment advice.
MarutiBuy around 9355, Trgt 9375-80, Sl 9345. Bullish Flag is formed. If it breaks out, can go towards 9500+.
MarutiSell at 9605, Trgt 9550, SL 9615.
Rationale: Bulls may take profit at resistance of 9600 Calls having highest OI.
Buy 9615, Trgt 9670+, SL 9600.
Rationale: Strong uptrend and a Bull Fag is forming. If it triggers, 100, 200 points may be made.
Maruti SuzukiPrice at 61.8% Fib level resistance which seems to be working in the on-going corrective move. Expect the price to initially fall in to 8650-8550 zone, where part profit booking could be done. Price could later on even go below 8300, but this may take another series to reach.
Maruti - Back to bullish trendsSo here is my fav stock which I'm back considering to buy if -
1. The momentum break 61.8 levels and re-tests 8931 (and goes out of the channel)
2. Remains bearish if it fails to break 61.8 then break the 89 EMA and goes to 8590 levels.
As long as the price is above 89 EMA...Bulls rule..so Im expecting move up
MARUTI - INDICATIONS OF A MOVE TOWARDS 5 DIGITSCMP 9225
Target 10k +
Stop 8925
1) Clears past the resistance line with good volumes.
2) Cup pattern formation observed with possibly right hand side formation progress.
[ Long term ] MarutiThis one is not as long term as the others -- think I will exit at 15000 or so since there is a potential for a grind slowdown there
MARUTI SUZUKI IND : SHORT CALL Hi friends,
I have work on maruti suzuki 1D chart. We have a descending trendline here. It is declined the fourth time.
The stock may retrace more to touch the previous support line.
- Short : 8965
- sl : 9115
- Target : 8639
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
Always do your own research before entering the trade.
Thank you.
Maruti, SupportBulls were able to defent the level of 8600 for quite sometime. But they gave up on last Friday. Below 8500 (can be a good SL for short trade), 8300 to 8000 could be the support range.
#MarutiLooks like Maruti hitting some rough roads temporarily....
Breaking down to 8174?
Then...pull back to 8510....short again?
Watch the price action.......
Maruti might test and bounces back from its strong support....Explained in chart...
Disclaimer:
All my post are for educational purpose non directional non advisory ....
Maruti - Long - Price ActionGood Area to buy as trading and investment.
T1 - 9600
T2 - 10000
T3 - open for investment
maruti shortmaruti short will be generated below 8662, keep stop loss of 8803 , target will be 8356. do it on your own risk
maruti weekly analysis on 26 march to 29 march 2018MARUTI TREND CHANGER LEVEL AT 8560
LAST CLOSE WAS 8607
ONCE STOCK BREAK 8542 LEVEL CAN TEST 8460-8400-8295
MARUTI WEEKLY LEVEL ARE
GO LONG ABOVE 8690 TARGET=8750-8860-8950 STOPLOSS=8610
GO SHORT BELOW 8542 TARGET=8460-8400-8295 STOPLOSS=8600
Maruti LongMaruti Long has been generated, one can by it @ 8864 keep stop loss off 8711, 1st target is 8937 ,2nd target is 9127.... buy own your own risk....
SELL SETUP NOW DAILY FINANCIAL WISDOM: The world is full of trading techniques and strategies that work until they don't work...
