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MARUTI SUZUKI INDIA LTD.
BSE
MARUTI
Intraday : Prices could go to 8550-8555 levels and has a strong Resistance there. IF prices stop and go down, then it can go to one of the Support levels - blue boxes. Swing Trading : Can BUY tomorrow after it reaches 8550 and whether it takes any resistance there, if not then you can buy it for upper target for 8800-9000 levels. I would WAIT for the price to...
prices are contracting post the bounce back from trend line support break above 6000 will provide a move towards 6110/6130 levels above those levels stock will turn to positive trend
It is been observed on the hourly chart that the price action firstly breaks above the triangle formation pattern with a strong big green candle and then faced resistance pressure at 6215 levels. Now, it has also broken the resistance levels, indicating buyers domination over price action. Target1: 6250 Target 2: 6290 Stoploss: 6170
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