After a recent fall from 9870 to 8082 levels - Maruti is showing a bounce from the support line.
If sustain the momentum - we should see 8474 and then the next 8722 levels in short term.
Currently - we see a crossing 8300 - and based on AB=CD harmonic pattern - if the market trend supports - we should see the breakout of the short-term trendline.
This will give us 8300 JAN CE trade opportunities.
Can think of long-term only above the trendline.
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If sustain the momentum - we should see 8474 and then the next 8722 levels in short term.
Currently - we see a crossing 8300 - and based on AB=CD harmonic pattern - if the market trend supports - we should see the breakout of the short-term trendline.
This will give us 8300 JAN CE trade opportunities.
Can think of long-term only above the trendline.
Add to watchlist
Trade closed: target reached