Maruti Long Trade
Long on Maruti @8837 (May futures price). Tight SL with good risk/reward ratio
MFI and OBV at very low levels
Ichimoku Chikou Span will hopefully emerge from congestion
Much of the market is overbought but Maruti has fallen significantly
MFI and OBV at very low levels
Ichimoku Chikou Span will hopefully emerge from congestion
Much of the market is overbought but Maruti has fallen significantly
Note
A 15min Up Renko brick seems to have formed. Trade is going well...Note
Trade is going well... Gap up... Waiting to buy more lots if price falls
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