Maruti | Ascending triangle formation & Big Breakout

Updated
MARUTI
Swing Trading opportunity ! Daily Chart Alert !!!

--Target = 8360
--Stop-loss = 6935
--Lot Size = 100

RETRACEMENT Could HAPPEN!!!

Technical Reasons to trade :- 🧢

1) maruti Ascending triangle breakout with volume
2) Volume is also good
3) Uptrend Is continuing and resistance is broken
4) support zones is mentioned on the chart


Guys check out the related ideas on MARUTI based on Harmonic pattern

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Note
although first target is achieved but we are waiting for retracement
Trade active
bought @ 7410
Note
👇👇👇👇 bullish hammer pattern 👇👇👇👇👇
snapshot
Trade closed: target reached
1st Target is achieved
Note
snapshot
Trade closed: target reached
bought @ 7410
booked @ 7959
pints earned = 550
lot size = 100
PROFIT booked per lot = 55,000 ( 10% )
autosectorbreakoutDouble TopFundamental AnalysisMARUTIpriceactionanalysisswingtradingTechnical AnalysisTrend AnalysisTriangle

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