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varun_devadiga

Is Maruti Suzuki getting ready for the breakout ?

MARUTI SUZUKI IND (NSE:MARUTI)  
varun_devadiga  
NSE:MARUTI   MARUTI SUZUKI IND
Support and Resistance Supply and Demand Chart Patterns marutisuzuki dailychart Supply Zone resitance breakouttrading
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supportandresistance supplyanddemand chartpattern marutisuzuki dailychart supplyzone resitance breakouttrading
Maruti Suzuki IND Daily Chart View

Stock is @ important supply Zone, It has to break 9050 level comfortably in daily chart, then only we can see further bullish movement in this stock.

After the breakout, stock has a potential to reach 10000 range.
Take entry only after breakout (9060-9085). 9050 Should act as important support if the breakout is genuine then 8400 will be the ideal stop loss.

This is just a view not a recommendation to trade, do your own analysis before taking any trade.

MARUTI
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