LalitDayTrader

MARUTI - BUY signal and breakout

Long
NSE:MARUTI   MARUTI SUZUKI IND
MARUTI CMP- 6865, Reasons for buy:-
1. Weekly candle taken long term support as i have shown on chart.
2. 30 mins candle breakout happened with high volume and correction also done.
3. Same 1d candle breakout and taken support as shown.
4. buy maruti cmp 6865 even if it open above 6900 still u can buy and maintain a stop loss of 6700. Lets see what happen next.
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