c0dchef

MARUTI SUZUKI - Trendline Observations

Long
c0dchef Updated   
NSE:MARUTI   MARUTI SUZUKI IND
Trendline Observation(s). A simple trendline breakout on 30M Chart of MARUTI SUZUKI. BUY above 7770. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
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CMP 7480. Consodilating since last 30-40 minutes. Wait for 7470(Day Low) to be broken.
Comment:
Did not breakdown as expected. On Monday, take a postion if it falls below 7500 and goes below 7470.
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