Breaking the trend line you can see a good fall. Short

NSE:MARUTI1D

MARUTI SUZUKI INDNSE

Description

⋅ Jul 15, 2020 2:05 PM

Crucial trendline level. If breakdown will give a good fall up to 5650 , 5440

Trade active

⋅ Jul 16, 2020 4:41 PM

Didn't breakdown and took resistance

Order cancelled

⋅ Jul 17, 2020 3:41 PM

Trend Analysis

Comments

sheeba99

⋅ Jul 17, 2020 10:13 AM

keep in mind volume is decreasing...

nikhilvenkataraviteja

⋅ Jul 17, 2020 10:16 AM

@sheeba99, true , below the trendline only we can see a good fall

ng.sreekanth70

⋅ Jul 17, 2020 9:23 AM

I feel 6000 is a crucial level....may be a head and shoulder formation. Above 6000, Target 6250 easily achievable.... if rebounding down from 6000, go short.. This is just my opinion, counter arguments welcome..

nikhilvenkataraviteja

⋅ Jul 17, 2020 9:58 AM

@ng.sreekanth70, perfect one

atulaggarwal4u

⋅ Jul 16, 2020 10:50 AM

Sir
please guide about july series

nikhilvenkataraviteja

⋅ Jul 16, 2020 3:56 PM

@atulaggarwal4u, It didnt breakdown so you can expect a good momentum tomorrow also

IbankerSid

⋅ Jul 15, 2020 2:37 PM

Good find man. Forming a strong ascending wedge. Formed a doji as well, if it opens above high, buy also seems possible. In my watchlist now