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UnknownUnicorn4260559

Maruti : Trade range

Long
MARUTI SUZUKI IND (NSE:MARUTI)  
UnknownUnicorn4260559 Updated   
NSE:MARUTI   MARUTI SUZUKI IND
Chart Patterns Trend Analysis Technical Indicators MARUTI
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chartpattern trendanalysis indicator maruti
Maruti has been continuously trading in range of 6300-7200. Today also counter took support at at 6360 and then bounced back to close above 5 day EMA. RSI also bounced from 30. CCI is still in oversold zone but cross over signal has not taken place. Volume was decent with bullish engulfing candle.

Buy in dip at 6565 with stop loss below 6400 for target 6870.
Trade closed: stop reached
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