Explain everything on the chart
Maurti- Building for shorts.
NSE:MARUTI short at 6095 with SL at 6159.15. Targets are mentioned on the chart. Note: Please Consult Your Financial Advisor Before Taking Any Decision Always risk 1% of account size per trade, adjust the position size accordingly.
maruti taking support of long-term trade line bull above 6100 for 6200,6300,6500 with bears below 5900 for 5500
Check chart for details.
Nikkei is now continuing what seems to be the second half of the possible wave C. I am assuming that Nikkei is in a weekly 'Running Flat' pattern, where the C has already started. The last few days was the consolidation for the continuation to the down side. It looks highly likely that Nikkei will go down and make a lower low on the daily . Would it have an...
Maruti Has broken the important resistance 7200 on Daily Chart and Closed on Monthly Chart Too. I will accumulate Maruti near 7250-7280 With Stoploss of 7110 For The target of 7600-8000
38.2 Fibo retracement proved as resistance, the bottom TL just broke, indicating negativeness in Maruti.
PLAN FOR MARUTI 1. SELL FOR A TARGET OF 7020 AND A STOPLOSS OF 7540 2. WHEN THE PRICE REACHES 7020, BUY WITH A STOPLOSS OF 6960 AND A TARGET OF 7600 3. SELL AGAIN WHEN THE PRICE REACHES 7600 WITH A SL OF 7800 AND A TARGET OF 6500
Current Price @6777, TP @6887, SL@ 6672
Maruti looks to go and test the new highs! 1.Breaks the price range zone 2.Find support at critical 50% fib 3. May go to new highs.....Watch the price action! Holding from 3000 levels....10,000 soon!