Bhushan_Jain

#maruthi # Channel Breakout #Head & Shoulder

Long
NSE:MARUTI   MARUTI SUZUKI IND
Maruthi possible breakout, took support of 50 DMA and crossed the resistance.

Buy @7480 target ~8000 (Short Term) ~9000 (Long Term) with 7200 as stoploss.
Trade closed: stop reached: next support is 6900

Comments

This pattern is wrong. This was never an inverse head and shoulder, especially the volumes clearly do not match.
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abbe ye konsa head hain...bhai human head ki baat ho rahi hain... naaki alien ki ... ki sir neeche hoga aur shoulder uper ;)
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Bhushan_Jain iamnext00
@iamnext00,
Kabhi inverse head and shoulder pattern suna hai?? Yeh woh wala hai.
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Maruti hai, Maruthi nahi
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@MiG007, ya Typo mistake in hurry.

Content par Dhyan do, spelling Mai kya rakha hai ?
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AdamBanerjee Bhushan_Jain
@Bhushan_Jain, Those who can spell, can make sentences. Otherwise, content will be of a similar nature as your spelling.
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check in longer time frame it will fall and this is not a head and shoulder
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Bhushan_Jain jatinsoni7001
@jatinsoni7001, check my update exited on time with stoploss. And on daily chart and hourly chart it is perfect head and shoulder pattern. Time tested worked for me many times.

Note: see charts on large screen to understand its pattern
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Timely Update Thanks
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