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
Comment:
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
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
5820 to 5660 almost at 1st objective
positional player can trail to 5770 for more downside till 5600-5560 which is good supp zone