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Bhushan_Jain
Jan 15, 2020 11:19 AM

#maruthi # Channel Breakout #Head & Shoulder  Long

NSE:MARUTI1D
MARUTI SUZUKI INDNSE

Description

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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

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next support is 6900
Head and ShouldersParallel ChannelMoving AveragesMARUTItradeviewbreakout
Comments
UnknownUnicorn681945
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This pattern is wrong. This was never an inverse head and shoulder, especially the volumes clearly do not match.
iamnext00
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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 ;)
Bhushan_Jain
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@iamnext00,
Kabhi inverse head and shoulder pattern suna hai?? Yeh woh wala hai.
MiG007
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Maruti hai, Maruthi nahi
Bhushan_Jain
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@MiG007, ya Typo mistake in hurry.

Content par Dhyan do, spelling Mai kya rakha hai ?
UnknownUnicorn681945
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@Bhushan_Jain, Those who can spell, can make sentences. Otherwise, content will be of a similar nature as your spelling.
jatinsoni7001
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check in longer time frame it will fall and this is not a head and shoulder
Bhushan_Jain
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@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
r.sasiganapathy
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Timely Update Thanks
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