NeeteshJain

Maruti - Changing Gears, Breaking out Big Consolidation (Sell)

Short
NSE:MARUTI   MARUTI SUZUKI IND
Today's Price Movement breaks through the big rectangular consolidation. The consolidation is been continuing for a while but now it seems like the price action is changing gears, it shall move down further to the levels of 4750.

Target: 4750
Stoploss: 4930
Trade active