MARUTI now in forming bearish pattern and breaks neck line also, so expect down trend in short term and keep SL strictly
The stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by Supports Nearby. Risk Reward Ratio - 2:1 SL is placed below the support zone & the lower trendline. The target is placed near resistance.
Script: MARUTI Nifty50 Stock: YES Sector: AUTO Results: Published on 27th July. Very Positive Result. Q1 EBITDA RUPEES 19B VS 8.21B (YOY). Q1 NET Profit Rupees 10.1B vs 4.4B(YOY). Profit more than doubles, revenue hits 51% higher NOTE: Ignore parallel channel! :-) MARUTI has posted a good Q1 result which should trigger breakout. It's started...
Maruti setup Maruti trading at Demand zone, can break and move upside or fall from here. levels marked on chart. -Saptarish_Trading
Tiangle pattern formed ENTRY: Rs 8267.00 STOP LOSS : Rs 7636.20 TARGET : Rs 10146.95 RR: 1:3
Can go long on this stock if bull run starts this stock will go upto Rs.9500 minimum Strong resistance broken at daily time frame.
WHY? - A meaningful INHS breakout on the monthly chart (Black-line) is sustaining for a long period now, confirming strong medium-term bullishness. - On the weekly chart Price is protected by a trendline (Green), Below which it only traded in RUSSIA - UKRAINE crisis and still closed above that - The NSE auto index (CNXAUTO) is also showing medium-term bullishness...
Be ready for big target in Maruti Eliot wave analysis is done. If we consider the 2nd wave is completed then be ready for 3rd wave which is the longest in wave analysis. Be ready for big target in Maruti Eliot wave analysis is done. If we consider the 2nd wave is completed then be ready for 3rd wave which is the longest in wave analysis. Be ready for big target in...
Maruti has retested its breakout at 8400 levels and again started to move up , the pattern visible is a clear Pole and pennat and possible breakout today on it , one can buy Longs with SL at 8450 for upside targets of 9200/9500 in short term
NSE:MARUTI has made inverted head and shoulders pattern on weekly chart. It can be good choice for long term investors and swing traders. Trade Details: Entry: 8600 or below. Stop Loss: 7800 Holding Period: at least 3-4 months It can reach a new all time high in near future. Auto Sector Index has also made an hammer on weekly chart at an important...
Maruti now retracement in weekly candle, once it reach 8000 range ,more possible to bounce back to 8500-8800 in mid term
NSE:MARUTI is Showing Bullish Multi month Breakout and Harmonic Butterfly pattern with target 8500 -9200 . Although it might be consolidate at the range of 7650-7800 if It break the level of 7800 and sustain above higher chance the momentum will come and the Harmonic Pattern will activates and you will see T1 and T2 as well. Suppose it will not sustain and...
Maruti after a good move is giving a consolidation in descending triangle. May give another up move after a breakout. If closes above 8310, can But for a swing trade for a target of 8550.
sell Maruti Suzuki and hold for the given target support zone is bit down hold sell and book handsome profit
MARUTI Chart is son interested, bcz weekly time frame its double top & forms also channel so once its breaks the will expect 9000+ in short term otherwise will see again 6800 levels
Maruti broke the counter trendline (Yellow) on daily time frame as well as weekly timeframe a month ago and then retested and took support beautifully from the same counter trendline on both timeframes that is now acting as a supportive trendline. After that it has been consolidating for a few days, that according to me shows an accumulation phase (where buyers...
Buy Marut Suzuki Target 🎯 9000 because it's recently given major breakout
Maruti weekly chart. - Symmetrical triangle breakout is seen. - Now needs to cross horizontal resistance on a weekly closing basis of 8325 levels. - On crossing may proceed towards ATH levels. *Only for educational purposes, not a buy/sell recommendation.