Maruti (Neowave Forecast)Hi Everyone
Today we are going to discuss Auto Index.
I have given an littile complicate forecast but it was needed to give you an complete picture because you may be having Maruti already in your portfolio.
1) See Maruti is likely to complete its L3 in that price range that mean L5 wont be long. Simply price wise there is not much space for upper side.
But plus point for L Series is that if the pattern occur completely than it will take around at least 12 weeks to reach L5.
2)So forget the forecast but look for the retracement and if you see the price near stop loss of L Series than you can add position for shorterm.
And those who already has the position in Maruti trail sl and do the profit profit booking.
Further update will be given in our trading view live links. Let me know if you have anyquery.
Thank You
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