Maruti has been trending up with a good motive and corrective wave pattern. Time wise and pattern wise the decline from recent high of 7480 appears corrective. Hence we expect maruti to again move up above 7480. As per fib and channel support comes at around 7235-7200 levels. stop loss should be at 7085, one can target 7600 levels
Comments
VikramGopalAimanda
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rally continues, modifty stop to 7420, or book full profits @9520
VikramGopalAimanda
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Got a nice rally upwards, traders can book profit or trail with a stop loss of 7330