Maruti Inverted H&S Breakout retest on weekly charts
Maruti been an underperformer in this bull run. Now finally taking out some momentum. With a closing at 8550 on weekly basis confirms the breakout. We can expect 9100/95000/10000 in the coming weeks with a stop loss below 770 for traders and for positional investors 7400 should be the stop loss.
Note
Maruti approached almost 9000 TodayGiving 400+ Points in just 2 days
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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.