PocketMoneyTrader

Maruti Auto Analysis daily chart

Long
PocketMoneyTrader Updated   
NSE:MARUTI   MARUTI SUZUKI IND
Maruti Auto does not offer a good recovery in the last few months. Now, the chart pattern is building. The daily chart indicates the following things!

It moves slowly.

1st Target - 7400
2nd Target - 7750 (breakout level for 3rd target)
3rd Target - 8000

Stoploss - 6400

Happy Trading!

Comment:
First Target hits with good volume.

Happy Trading!
Comment:
As the second target reach. If you are unable to take the profit then don't worry. It is coming soon and holds for 3rd target.

Happy Trading!
Trade closed: target reached

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