Maruti - Head and Shoulder in Daily Chart Pattern
Maruti is forming H&S pattern on daily chart. Trading below its critical moving averages, looks like sell on rise candidate. If breaks 7200 levels then can give a bigger downside.
Trade closed manually
Made a low of 6822. Now again retesting the neckline. Short again if closes below 7100.
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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.