Maruti- Change of Polarity- Buy Setup

125 0
As seen in Maruti , there is a change of polarity and a bounce can be expected from these levels. Also it is taking a support at trendline as seen by the upward green arrows, giving us an opportunity to buy.

Expected Levels- 5040 (.236 Fib retracement of the last swing), 5220 (.382 Fib retracement of the last swing)

Change of Polarity states that once the resistance level is breached, it changes its nature and becomes support the next time it is approached.
Comment: First target reached. Cmp 5070.
Comment: book profits 5155. Auto stocks gets volatile during sales number release.
EN English (IN)
EN English
EN English (UK)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out