Last time we captured Maruti around 6550... Now again the setup is looking very good Breakout and then perfect retest with bullish Price Action at support.
- Falling wedge pattern - 3 days of trading and closing at same price - volume is getting absorbed - ready for an upmove next week
- broken out from falling channel - change of structure - made a fresh Higher low
- Hammer at support - Breakout and then retest - Very less vol. on retest signifies no supply... - Kind of falling wedge breakout as well..