Maruti to change trend.

MARUTI SUZUKI INDNSE

Описание

⋅ 27 окт 2020 г., 13:48

Maruti has been going upward since 22 Oct. 7200 will act as good resistance as per data.

We can expect a selloff in next couple of days.

Targets as mentioned on the chart.

Play safe & Happy trade.

Note: Views only for educational purpose. Consult your financial advisor for any trade.

Сделка активна

⋅ 28 окт 2020 г., 12:53

Today Maruti added 100 points at the start and all were bullish and Market succeeded their.

Then it showed the real path. Luckily I shorted at top and closed more than 100 points in my bucket.

Maruti needs more correction. Hence stay away from buy as of now.

Комментарии

aravindnc

⋅ 27 окт 2020 г., 15:43

Maruti might touch 7600 soon.

The_Trader14

⋅ 27 окт 2020 г., 17:21

@aravindnc might go definitely up but my view is telling that their is possibility for short term correction here.

The_Trader14

⋅ 27 окт 2020 г., 17:21

It can take support on target 1 or target 2

Karu142

⋅ 27 окт 2020 г., 14:45

Is Marurti making an invertd head and shoulder pattern in daily time frame....if closes above 7200 then it may go till 8000....whats your view on this

The_Trader14

⋅ 27 окт 2020 г., 17:19

@Karu142 yes it is inverted H&S but neckline is 7200 which will act as resistance if broken it will go more up.But I expect a pullback in Maruti as it need correction to go up more.

CuteHania

⋅ 28 окт 2020 г., 06:53

IF CLOSES ABOVE RECENT PRICE 7315 CAN BREAK 52W HIGH

The_Trader14

⋅ 28 окт 2020 г., 07:09

@CuteHania, yes very well it might go....

Ещё