turtleassetsindia

Maruti Suzuki forming a Cup pattern and with strong momentum

NSE:MARUTI   MARUTI SUZUKI IND
Maruti Suzuki is showing a strong momentum as its daily, weekly and monthly relative strength index (RSI) is above 60. The weekly volumes are above the weekly average.
In the last trading session there was BO at INR 9996.40 with strong volumes.
The company have come with new product launches and have plans of capex.
At present the stock is looking strong and with proper risk management can be traded.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.