nitinshm

Maruti, Long term bet, 10000 in sight.

Long
NSE:MARUTI   MARUTI SUZUKI IND
1. Breakout of inverted head shoulder
2. Important horizontal resistance of 7300 broken

Target: 9900-10500
Stoploss: shoulder's low
Trade active: Entry at 7300
SL 6300
Comment: Update SL to cost. Stop took resistance from breakdown level of 8300. Trade going as planned.