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Lucifer759
Sep 11, 2018 2:59 PM

Maruti - Double Top Pattern Short

MARUTI SUZUKI INDNSE

Description

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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