Lucifer759

Maruti - Double Top Pattern

Short
Lucifer759 Updated   
NSE:MARUTI   MARUTI SUZUKI IND
Maruti had a big rally in last 3 years from 4800 levels to almost 10,000.
This seems to be changing as it showed a Double top pattern at higher levels and broke the trend line.

Maruti is a positional sell with a stoploss of 8800 and targets can be 8000 and 7400.
Trade closed: target reached:
First target of 8000 reached.
Trade closed: target reached:
Second target of 7400 reached

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