fcsa

Maruti Long Trade

Long
NSE:MARUTI   MARUTI SUZUKI IND
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
Comment: A 15min Up Renko brick seems to have formed. Trade is going well...
Comment: Trade is going well... Gap up... Waiting to buy more lots if price falls
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