Maruti Suzuki India Limited - Ascending Triangle Breakout

Updated
πŸ“Š Script: MARUTI (MARUTI SUZUKI INDIA LIMITED)
πŸ“Š Nifty50 Stock: YES
πŸ“Š Sectoral Index: NIFTY AUTO / NIFTY500 / NIFTY
πŸ“Š Sector: Automobile and Auto Components
πŸ“Š Industry: Passenger Cars & Utility Vehicles

DAILY TIMEFRAME
snapshot

Key highlights: πŸ’‘βš‘

πŸ“ˆ Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it.
πŸ“ˆ MACD is giving crossover.
πŸ“ˆ Already Crossover in Double Moving Averages.
πŸ“ˆ Script is giving Ascending Triangle Breakout as mention is chart.
πŸ“ˆ Script is trading at resistance level which is around 9280, technically script is looking good for trade.
πŸ“ˆ Current RSI is around 66.
πŸ“ˆ One can go for Swing Trade.

⏱️ C.M.P πŸ“‘πŸ’°- 9280
🟒 Target πŸŽ―πŸ† - 9733
⚠️ Stoploss ☠️🚫 - 9053

⚠️ Important: Always maintain your Risk & Reward Ratio.

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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.

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Happy learning with trading. Cheers!πŸ₯‚
Trade closed: stop reached
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