Maruti Suzuki India Ltd - Technical Analysis & Trade Plan
Stock: MARUTI SUZUKI INDIA LTD (NSE)
Timeframe: 1D (Daily)
Key Levels:
Entry Zone: Near 10,369 - 10,278
Stoploss: Below 9,815 (Candle Close Only)
Immediate Support: 10,800
Immediate Breaking Range: 11,837.90
Immediate Resistance: 12,376.65
Target 1: 13,445.70
Target 2: 14,957.60
Trade Plan:
Good Accumulation Zone Identified at lower levels.
Demand Zone around current price, expecting potential reversal.
If price holds the demand zone, a bullish move towards resistance & targets is possible.
If price breaks down below support & demand zone, further downside towards entry range possible.
Risk-Reward Management:
Stoploss candle close only, Target Trigger Price
Risk Ratio 1:1 maintained, modify SL accordingly
Good entry at marked price only with strict SL
📌 This is not a buy/sell recommendation, just an educational trading idea.
📌 Market conditions can change; always conduct your own research.
📌 Understand risks before investing and take full responsibility for decisions.
Stock: MARUTI SUZUKI INDIA LTD (NSE)
Timeframe: 1D (Daily)
Key Levels:
Entry Zone: Near 10,369 - 10,278
Stoploss: Below 9,815 (Candle Close Only)
Immediate Support: 10,800
Immediate Breaking Range: 11,837.90
Immediate Resistance: 12,376.65
Target 1: 13,445.70
Target 2: 14,957.60
Trade Plan:
Good Accumulation Zone Identified at lower levels.
Demand Zone around current price, expecting potential reversal.
If price holds the demand zone, a bullish move towards resistance & targets is possible.
If price breaks down below support & demand zone, further downside towards entry range possible.
Risk-Reward Management:
Stoploss candle close only, Target Trigger Price
Risk Ratio 1:1 maintained, modify SL accordingly
Good entry at marked price only with strict SL
📌 This is not a buy/sell recommendation, just an educational trading idea.
📌 Market conditions can change; always conduct your own research.
📌 Understand risks before investing and take full responsibility for decisions.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.