broken_signals

Maruti Suzuki Potential Reversal Candidate

看多
NSE:MARUTI   MARUTI SUZUKI IND
Auto Sector has been in downtrend from its high of 11000, however it has taken some pause at resistance turned support levels around 9400. If Nifty Auto Index moves further up to 10,000 level, reversal in sector trend may be confirmed.

We see RSI bullish divergence on daily charts. Daily RSI is also above 50.

Go Long on Maruti Suzuki above 6950 as it breaks downtrend line as well as 20 DMA.

T1 = 7300, T2 = 7700 and T3 = 8200
Stop loss - 6500
交易進行:
One can take a reversal bet on Maruti Suzuki as it is showing signs of reversal. Trading above downtrend line and 20 DMA.

Buy @6700 with Stoploss 6500
交易進行:
Stock is seeing some resistance at 6850-6900 range. Once crossed, it may move above 7k. Nifty auto Index continue to support.
交易進行:
Short term trend is up for Maruti. Looking forward to our first Target - 7300
交易進行:
Moving the stop loss to 6885.
交易進行:
Moving the stop loss to 6950.
交易結束:達到停損點

免責聲明

這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。