Maruti - Rising Channle
MARUTIPrice is forming a rising channel and price is taking support at the channel's lower trendline. Next major support is at the swing low of 6545 if holds then price target can be above 6500.
Short term trade: Enter - CMP, Stoploss: 5764, Exit: 6454
Trade active
As analyzed price bounced off from lower trendline.
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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.