Is Maruti Suzuki getting ready for the breakout ?
Maruti Suzuki IND Daily Chart View
Stock is @ important supply Zone, It has to break 9050 level comfortably in daily chart, then only we can see further bullish movement in this stock.
After the breakout, stock has a potential to reach 10000 range.
Take entry only after breakout (9060-9085). 9050 Should act as important support if the breakout is genuine then 8400 will be the ideal stop loss.
This is just a view not a recommendation to trade, do your own analysis before taking any trade.
MARUTI
Stock is @ important supply Zone, It has to break 9050 level comfortably in daily chart, then only we can see further bullish movement in this stock.
After the breakout, stock has a potential to reach 10000 range.
Take entry only after breakout (9060-9085). 9050 Should act as important support if the breakout is genuine then 8400 will be the ideal stop loss.
This is just a view not a recommendation to trade, do your own analysis before taking any trade.
MARUTI