MARUTI WILL SEE GOOD TIMES IN THE COMING WEEKS
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
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