NeeteshJain

Maruti Gearing up

Long
NeeteshJain Updated   
NSE:MARUTI   MARUTI SUZUKI IND
It has been observed that the price action breaking above the nearest resistance of 5400 level. Once the price action closes above 5400 on daily chart then the price action may further excel and reach towards 5800-6000 levels.
T1- 5750
T2- 5900
SL- 5200

Note a close above 5400 is required to confirm further excel in the price action.
Trade active:
Here we go
Trade closed: stop reached:
Unexpected gap down opening leads to hit stop loss.
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.