AshishChauhan_AlgoTrader

Maruti Breaking Out

Long
NSE:MARUTI   MARUTI SUZUKI IND
Maruti is giving a long breakout-
It can be seen that maruti had
1)- Crossed its 50 DMA
2)- Coming out of a parallel channel
3)- Taken the support at long trendline and bounced back
4)- A consolidation phase can also be seen
So a possibility of good upmove can't be ruled out in Maruti and soon level of 6180-6190 can be seen.
Sl to be followed 5960.
Trade closed: target reached:
Maruti fired....
Comment:
Only Maruti 6298 🔥🔥🔥

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