nano6yogesh

Maruti – Inverted Flag Breakdown

Short
NSE:MARUTI   MARUTI SUZUKI IND
Maruti has been in a strong Bearish trend since July 23, 2018.

The stock tried to hold 6900 levels for almost 3 weeks before breaking down further.

I can see a breakdown of an Inverted Flag pattern here.

Good opportunity to short for targets of 6600 and 6200 with a stop loss just above 6900.


Disclaimer: Views expressed here are my own, and should not be interpreted as an Investment Advice. Please consult your Financial Advisor for investments.

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