NileshChavan

Maruti Upside Possible

Long
NSE:MARUTI   MARUTI SUZUKI IND
1. Maruti has broken the important resistance of 6500
2.Retested the 6500 level after break
3. Bullish flag pattern is formed on 4 Hour chart
4.HH and HL pattern on daily chart
5.Price closed above 200 EMA on daily Chart
6. Risk Reward is 1:2
Buy at 6790-6750 Stoploss 6470 Target 7400

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