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Maruti Suzuki Ltd.

Long
NSE:MARUTI   MARUTI SUZUKI IND
Bullish Flag pattern in Maruti Suzuki. Wait for breakout.

Comments

Typical flag lasts few days and not few weeks. Volume pattern should show visible drop. Normally flags appear after good run up in the prices - dynamic phase of bull run. Maruti does not seem to be in the bull run. None of the conditions for a good flag seem to have been met.
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