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ReviveTraders
Dec 3, 2020 8:02 AM

Maruti | Ascending triangle formation & Big Breakout ย Long

MARUTI SUZUKI INDNSE

Description

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NSE:MARUTI
Swing Trading opportunity ! Daily Chart Alert !!!

--Target = 8360
--Stop-loss = 6935
--Lot Size = 100

RETRACEMENT Could HAPPEN!!!

Technical Reasons to trade :- ๐Ÿงข

1) maruti Ascending triangle breakout with volume
2) Volume is also good
3) Uptrend Is continuing and resistance is broken
4) support zones is mentioned on the chart


Guys check out the related ideas on MARUTI based on Harmonic pattern

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Comment

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although first target is achieved but we are waiting for retracement

Trade active

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bought @ 7410

Comment

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๐Ÿ‘‡๐Ÿ‘‡๐Ÿ‘‡๐Ÿ‘‡ bullish hammer pattern ๐Ÿ‘‡๐Ÿ‘‡๐Ÿ‘‡๐Ÿ‘‡๐Ÿ‘‡

Trade closed: target reached

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1st Target is achieved

Comment

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Trade closed: target reached

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bought @ 7410
booked @ 7959
pints earned = 550
lot size = 100
PROFIT booked per lot = 55,000 ( 10% )
Comments
aju_d
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Sir how to find support zone price levels from your chart, please explain.
ReviveTraders
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@aju_d, from my chart ?? ๐Ÿค”
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