MARUTI SUZUKI INDIA LTD.Updated MARUTI DAILY
MARUTI now at rising TL Support break down below 5790 can take it till 5650-5600 zone
Having strong resistance at 5960-5975 (Double Top in lower TF)
After a weak monthly sales number look good to short below TL or at 5870 zone
Having strong resistance at 5960-5975 (Double Top in lower TF)
After a weak monthly sales number look good to short below TL or at 5870 zone
Note
Finally Pattern triggered .. Stock impacted 5820 to 5660 almost at 1st objective
positional player can trail to 5770 for more downside till 5600-5560 which is good supp zone
Note
Maruti showing more weakness 5600 objective achieved too
as specified 5560-5600 is good zone
expecting some bounce from here
risk trader cna hold 30% position with trail sl 5690 for target of 5490-5400 only below 5590
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