Maruti ready to bounce offering great Risk to Reward

Maruti is ready to again bounce after a decent consolidation as is very evident from the Weekly chart. A good Risk Reward Trade. SL can be 12000 on a weekly basis but positional target can be 13000. Also hovering at 20WEMA and 100 DEMA which offers a little more comfort
lowriskhighrewardplayMARUTImarutisuzukiMoving AveragesSupport and Resistance

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