Go long in Maruti@6975-6950 for target of 7300 and SL 6830 Long

MARUTI SUZUKI INDNSE

Description

⋅ Oct 23, 2020 8:02 AM

There has been a breakout from Pole and Flag today in Maruti. Increase in volumes compared to last two days shows buying interest.

Maruti now trading at 7000 level. Wait for retracement towards 6970 levels for entry.

target of 7300 and SL 6830, RRR - 2.0

Trade active

⋅ Oct 26, 2020 3:59 AM

Maruti gave opportunity in the opening to enter at our levels. Trade active with entry price 7050. Target 7300 and SL at 6925 RRR:2.0

Trade closed: target reached

⋅ Oct 28, 2020 6:59 AM

Target Reached in Maruti. Closed at 7300. Return:3.5%

Comments

mankarabhi

⋅ Oct 26, 2020 5:57 PM

Bounced back exactly from 6970 and went upwards to 7137.Hope to see 7300 soon. Thank you!

Trader1668

⋅ Oct 27, 2020 3:58 AM

@mankarabhi, Yup, Maruti has to break 7160-7180 levels with strong volumes for reaching 7300 level. Market is also not supporting for any upward movement.

Trader1668

⋅ Oct 23, 2020 9:24 AM

Maruti did not give any retracement.Trade is not valid as the entry price was not reached as of now.