Get started
MARUTI SUZUKI INDIA LTD.
Long

MARUTI WILL SEE GOOD TIMES IN THE COMING WEEKS

By peace_lover
Updated
  • 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
breakoutBullish PatternsChart PatternsDouble Top or BottomtargettechincalanalysistradingtradingsignalsTrend Lines
peace_lover
Also on:

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.