MARUTI trade ideas
MARUTI BULL FLAG BREAKOUT??🚀 MARUTI Breaks Out! 🏁📈 🚀
The bulls are back in the driver's seat! 🐂💥 MARUTI stock has just broken out of a classic bull flag pattern, signaling a potential surge ahead. This technical formation indicates a period of consolidation, followed by a strong continuation of the previous uptrend. 📊💹
For the savvy investors, this is a golden opportunity. The breakout confirms the bullish momentum and points to further gains on the horizon. 🌟📈
As the market buzzes with excitement, remember to stay informed and make decisions based on your own research. The road ahead looks promising, but as always, tread with caution and keep your investment strategy in check. 🧐📚
Join the ride and let's watch MARUTI rev up the engines! 🏎️💨
MARUTI SUZUKI IND S/RSupport and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support.
Support levels are represented by the green line and green shade, indicating areas where buying interest may emerge to prevent further price decline.
Resistance levels are represented by the red line and red shade, indicating areas where selling pressure may arise to prevent further price increases. Traders often consider these levels as potential buying or selling opportunities.
Breakouts: Breakouts occur when the price convincingly moves above a resistance level (red shade) or below a support level (green shade). A bullish breakout above resistance suggests the potential for further price increases, while a bearish breakout below support suggests the potential for further price declines. Traders pay attention to these breakout signals as they may indicate the start of a new trend or significant price movement.
20 EMA: The yellow line denotes 20 EMA, to interpret the 20 EMA, you need to compare it with the prevailing stock price. If the stock price is below the 20 EMA, it signals a possible downtrend. But if the stock price is above the 20 EMA, it signals a possible uptrend.
Disclosure: I am not SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. It is important to consult with a qualified financial advisor before making any investment decisions. Tweets neither advice nor endorsement.
Bearish trend in hourly chart of MarutiThe hourly chart (timeframe I use for intraday trades) of Maruti is clearly bearish.
Candles are trading below 50 SMA and the manual trend is bearish as well.
There is a support at 12500 so I will sell once this is broken for targets of 12200 with SL above 12600.
#Educational purpose only
MARUTI SUZUKI - A long term Investment Idea - 50% ROI expected.1) The stock is breaking out of a 6 year old consolidation zone in yearly time frame.
2) The stock is reversing from a Fib 61.8% in yearly time frame.
3) The stock is breaking it's previous swing high.
4) The stock is above to form a strong 3 Month breakout if March closes strong.
The stock structure looks strong, one may accumulate in dips for a long term target of 19000.
MARUTHI SUZUKI IND S/R Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support.
Support levels are represented by the green line and green shade, indicating areas where buying interest may emerge to prevent further price decline.
Resistance levels are represented by the red line and red shade, indicating areas where selling pressure may arise to prevent further price increases. Traders often consider these levels as potential buying or selling opportunities.
Breakouts: Breakouts occur when the price convincingly moves above a resistance level (red shade) or below a support level (green shade). A bullish breakout above resistance suggests the potential for further price increases, while a bearish breakout below support suggests the potential for further price declines. Traders pay attention to these breakout signals as they may indicate the start of a new trend or significant price movement.
Disclosure: I am not SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. It is important to consult with a qualified financial advisor before making any investment decisions. Tweets neither advice nor endorsement.
Does $NSE:MARUTI Will test 11900 ?Dear Trader,
As Per Technical Analysis NSE:MARUTI will Face Upside Resistance Near 12750 if breaks then we can see 13100-13300 This level at Upside. but if Breaks Support of 12440 Then might it will test 11900 Level.
Buying MARUTI 12500 PE near 220, SL 180, Target 300,340
This message is for informational purposes only and should not be considered financial advice. It is crucial to conduct thorough research or consult with a financial advisor before making any investment decisions. We do not guarantee the accuracy or completeness of the information provided.
Learning Post : Risk to Reward Ratio IndicatorThe Risk to Reward Position tool allows Traders to set the Entry/Exit points and Caclculate a long position from the Specific Point.
Adjusting above and below the price level will be two boxes;
Green box is for the profit zone and Red Box is for the Loss zone.
The zones are manually adjusted as the Traders
to change the Risk/Reward Ratio.
This is an Important Tool to Practice your Risk / Reward Ratio for the Particular Strategy 👍
MARUTI SUZUKI (A FUNDAMENTALLY STRONG STOCKS)Maruti after crossing its all time high it has taken support near its all time. again buying comes near 10000 level. it may be a gud buy near this price range.
SL will be very low.
SL 9832
5 yrs cup break out in this stock also respecting its support\
perfect example of support and resistance.
Maruti Short Term Positional Trade
There is a very strong and a capable demand formed, as per the Weekly chart and in order to reach this Weekly Demand Price has to come down, hence considering the Weekly Supply as a Source for the Temporary downtrend, we have Price reacting to the Weekly Supply
Price has closed below the Moving average which confirms selling pressure risen and we have a Fresh Supply formed offering some Reward.