ynpoddar

Bearish Shark on MARUTI Hourly Chart

Short
ynpoddar Updated   
NSE:MARUTI   MARUTI SUZUKI IND
6
Harmonic Patterns occuring at Supply/Demand Zones are powerful. Maruti is right at the supply zone marked on the chart... plus a bearish Shark !
Comment:
Shorts can be initiated below 6180 .. The pattern is nullified if Maruti breaks and sustains above 6285
Trade active:
MARUTI retreating nicely after idea published 4 days back. Already 50 points in profit from 6180 !
Trade closed: target reached:
Book Profits in MARUTI... Price reaches point B, which is an ideal target for a Shark Pattern ... Amazing Profits in a week !! .. Enjoy :)
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