Rally in maruti

bijoy2526 Updated   
Big rally waiting for maruti.
the chart is of weekly time frame.
after post covid there was 1st wave move
which was completed in jan 21,
2nd wave took much longer duration completed on march 22.after that slow and steadily its rise is continuing
and it made all time high october it has crossed
that high in final fifth wave of 3 rd wave.As 1st and 3rd wave of this final 3rd waves are equal in size the fifth wave likely to be extended.Very soon it is likely to break the base channel red one and proceed further to complete final 3 rd wave.
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This is not f&o recommendation as chart is of weekly time frame.
how was this study?Look at my other studies of tatamotors,reliance etc too


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