NSE:MARUTI has made inverted head and shoulders pattern on weekly chart. It can be good choice for long term investors and swing traders. Trade Details: Entry: 8600 or below. Stop Loss: 7800 Holding Period: at least 3-4 months It can reach a new all time high in near future. Auto Sector Index has also made an hammer on weekly chart at an important...
Hello Welcome to this analysis about MARUTI , we are looking at daily timeframe perspectives. MARUTI in recent times heavily decreased with bearishness however it now moved into an oversold condition. MARUTI is developing here that will be a decisive factor in the upcoming times. I discovered the main formation MARUTI is developing here that will be a decisive...
The chart is self descriptive. Entry and target points are mentioned. Enter only when the stock price follows the designated path and finds support at the price marked as entry point. Trade at your own risk. Do let me know your views.