nitinshm

Maruti, Long term bet, 10000 in sight.

Long
nitinshm Updated   
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.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.