Maruti making clear cup and handle pattern also crossing all time high with big green elephant candle support by awsome volume. sl will be the same break out candle low. and target may be very high. Also maruti is supported by gud fundamentals.
After multiple attempts, Maruti has given breakout this week above 10,000. Now the stock would trade in blue zone so there won't be a fixed upper limit. This is one of my favorite stock and I am recommending since 8100. Each Investor should have this Blue Chip in their portfolio. Some companies, such as Maruti , are fundamentally so well that it can be...
NSE:MARUTI
One Can Enter Now !
Or Wait for Retest of the Trendline (BO) !
Or wait For better R:R ratio !
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low.
2. R:R ratio should be 1 :2 minimum
3. Plan as per your RISK appetite and Money Management.
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
*Maruti Suzuki Ltd*
C&H Formation on Yearly Basis.
Strong Price BreakOut & Sustained.
Strong Vol Consolidation & Continued BuiltUp.
Potential News of Stock Split!!!
Trail SL with Upside.
Book Profit as per Risk Appetite.
Do Your Own Research as well. This is an Opinion.
Happy Investing 😇
Hello,
Maruti Suzuki India Limited is an Indian automobile manufacturer, based in New Delhi. Founded in 1981 and owned by the Government of India until 2003, when it was sold to the Japanese automaker Suzuki Motor Corporation.
The Company will launch its 1st Battery Electric
Vehicle by 2025.Also key to note is that The Company is increasing the use of solar...
MARUTI SUZUKI is also consolidating on near its long time weekly range we can see some conslidation at resistance we can see a good upmove after breaking of its long weekly range
MARUTI - The current structure can be assumed as an ending diagonal. If the structure holds, we are likely to see a reversal soon with corrections towards the 7,000 mark.
Make ascending triangle chart pattern in 4 hour time fram also make Cup and handle pattern in same time frame take break out of swing high with high volume 100 EMA is below 50 EMA this is bullish Sign , MACD line and histogram saw fair value for bullish way , price is at 5 year high so first Target will be 11231.45 and stop loss will be 9318.95
This is for...
Maruti 30 min brackout
Maruti 30 min timeframe brackout only follow trendline, resistance level break and next big big move few days so see this level and mark your chart
Resistacne Level = 9495-9520
Support level = 9337-9300
follow this level, This level Fibonacci 0.5 importent level resistacne
Since the auto sector is doing good, most of the auto ancillary stocks along with Auto stocks have given a BO
Maruti which already gave a BO last month, holds supports from 2/1 gann angle showing more bullishness
