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peace_lover

MARUTI WILL SEE GOOD TIMES IN THE COMING WEEKS

Long
MARUTI SUZUKI IND (NSE:MARUTI)  
peace_lover Updated   
NSE:MARUTI   MARUTI SUZUKI IND
Trend Lines Chart Patterns Double Top or Bottom Bullish Patterns techincalanalysis breakout tradingsignals trading target
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trendline chartpattern doubletoporbottom bullish techincalanalysis breakout tradingsignals trading target
  • Maruti has formed a nice double bottom pattern in the weekly chart

  • The pattern has also broken out of the neckline recently with gap-up indicating strong upmove potential ahead

  • Also RSI is in the overbought zone indicating the upwards momentum is very strong for this stock

  • Hence it is a good time to buy the stock before it rallies

Trade closed: target reached:
Exact TP has been reached by Maruti on 5th june
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