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anandlive
Dec 12, 2021 5:27 AM

Maruti-Interesting short & long setup Short

MARUTI SUZUKI INDNSE

Description

Although the chart is self-explanatory, Yet to see in the coming session, if the stock retraces up to around 7200 levels, then it will be a good price to enter in a long position.
This is learning and sharing purposes, not a bit trading recommendation.
Please comment with your views.
All the best.

Comment

The stock is moving within the given range, On 15.12.21 it didn't cross our stop loss of 7652. Today on 16.12.21 made a low of 7410. Still to see ahead.
Wish you the best of luck.

Trade active

Analysis proved correct in an exceptional way ( it happens rarely). The stock didn't cross our stop loss of 7650 and came down to our target of 7100 levels. Not only this, as mentioned in the idea (short & long set up), it bounced back to 7300 levels the same day, today.
let's see ahead.
All the best.

Comment

Towards target

Trade closed: target reached

The stock reached our target of 7800 levels.
This was the most interesting analysis I have done in the last 2-3 years. By God's grace, it is proved right.
I am thankful for this Tradingview platform also where I could learn more skills from many traders.
All the best for your trading journey.
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