Maruti Suzuki is on the edge.Maruti Suzuki trend strength is coming to an end, it is on the edge now 5794.60 and tomorrow if open below this level will go in trend reversal or if open up it may further go upward and can touch 6100.00, trader should cautious at this level wait for to break or upside movement.
MARUTI
Maruti - Changing Gears, Breaking out Big Consolidation (Sell)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