MARUTI BIG TIME BREAKOUT + RETEST
Maruti has given a long awaited breakout after 6 months and with a strong bullish candle failing which have been a possible double top formation.
9 ema is acting as current support
Successful retest done
RSI in bullish zone
MACD above signal line.
BUY ABOVE - 8600
Targets mentioned in the chart above
Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks. Be sure to follow so that you don't miss any good trades that might have been rewarding.
Any comments and critiques will be appreciated even if it's of opposite view as a trader can also be right so many times.
9 ema is acting as current support
Successful retest done
RSI in bullish zone
MACD above signal line.
BUY ABOVE - 8600
Targets mentioned in the chart above
Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks. Be sure to follow so that you don't miss any good trades that might have been rewarding.
Any comments and critiques will be appreciated even if it's of opposite view as a trader can also be right so many times.
Trade closed: target reached
Target 1 hit. 4.35% profit running.Godspeed
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