MARUTI
Maruti Suzuki Long term investment weekly chart which use for long time investment with minimum risk, its down trend in 2018. down trend wave cycle complete in 2020 and stock reverse in up trend last one year 4000 to 8000 first impulse move and stocks trade in second corrective phase make triangle pattern it breakout previous week and pullback, it ready for third impulse move may be complete 9800. stocks will be make triple top, it may be small correction or breakout, if breakout that time we can see pullback depends on MKT conditions. stock are making Head and Shoulder pattern on monthly charts, it trade in Monthly Left shoulder neckline breakout can see @ 7800, stocks break 200 SMA weekly and support it 200SMA weekly @ 7200 in this week, this is only education purpose before investment please guide your finance adviser. Thanks all of you
Comment:
7800 Break the level