maruti blw 10500 looking bear pattern till 10428-377 sell on rise with tight sl -- nifty profit booking as expected sell on 20120@ bank nifty hold bwl 46300 sell on rise may be dwn till 45700--300
1) buy at dip to 10265 sl 10150 2) buy on breakout above 10355 sl 10150
Maruti Buy call 9100 of 29 June 2023 and hold Technical analysis based on bauble bottoms and crossed the neck. Based on Fibo levels return back 50%. Target will be 9700 next six weeks.
Technical Analysis : 1. Auto sector is outperforming and leader sector 2. Stock from leading sector 3. D-RSI > 60 (high momentum) 4. Positive Reverse Divergence Target : 9000
sell Maruti Suzuki and hold for the given target support zone is bit down hold sell and book handsome profit
Inverted HNS on Maruti is created on daily however I feel there would be some struggle till 7909 (Futures) is crossed and sustained then an entry should be taken. Simple price action, no jazz!
Stop above days high Target : 20-30-50 Rs
EXPECT UP MOVE WITH STOP LOSS 7200