varadtambolkar

Maruti , Breakout complete, Good level to accumulate.

Long
varadtambolkar Updated   
NSE:MARUTI   MARUTI SUZUKI IND
Maruti gave breakout from megafone pattern on weekly charts with good volumes.
After weeks of consolidating & testing , this week it showing some good signs of continuation of up move.

On weekly charts stock made Higher high after 2018 fall. If it cross 7800 level market, higher high higher low formation will start
Comment:
Wait for Today's close
Comment:
Same pattern breakout was there in

1. Infosys
2. SAIL
3. JSW Steel
4.TATA Steel
Comment:
Good move by maruti.

5% up.

finally we can see classic breakout on maruti.

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