MARUTI has been in a very strong up trend throughout the year.
After consolidation this stock usually has a rapid surge up.
The period of consolidation seems to be over in fact the only thing blocking this move so far was the expiry yesterday in my opinion.
Anyways, If the patter holds, this thing could move to 8200 relatively fast.
I would probably wit for it to come down to 7780 before jumping in though.
CNX_AUTO index in general is showing good pattern for a likely move up.
After consolidation this stock usually has a rapid surge up.
The period of consolidation seems to be over in fact the only thing blocking this move so far was the expiry yesterday in my opinion.
Anyways, If the patter holds, this thing could move to 8200 relatively fast.
I would probably wit for it to come down to 7780 before jumping in though.
CNX_AUTO index in general is showing good pattern for a likely move up.